Top 10 Retail Leases of the Month: November
It was a big month for grocery stores, gourmet markets, pop-ups and toy stores
Mid-November to mid-December is almost always the Hanukkah/Christmas present retailers always crave, and so far this season hasn’t disappointed as far as their retail is concerned.
It was a good month for grocery stores and places for holiday shopping. The biggest lease was a 29,400-square-foot one for Morton Williams 1 West End Avenue. But it turns out it wasn’t the only grocery store that was active; Dumbo Market took 16,000 square feet at 66 Front Street in Dumbo, Brooklyn. And Westside Market took the old 8,000-square-foot Garden of Eden space at 170 West 23rd Street.
However, the big season stunner was the 19,000 square footer FAO Schwarz signed at 30 Rockefeller Plaza.
And in keeping with the places that are suited for holiday shopping, Levi’s took 17,000 square feet at 1535 Broadway and the athleisure brand Alo Yoga took 14,000 square feet at 96 Spring Street; the skatewear brand Vans took 8,753 square feet at 530 Fifth Avenue; The Shoe Box renewed their 3,600 square foot lease at 1277 Third Avenue; and J.C. Penney’s 2,800-square foot pop-up, Jacques Penne, opened at 446 Broadway.
But that doesn’t mean that there was nothing in the realm of food, beverage, experience or some kind of crossover. Kellogg’s signed on for a 5,000-square-foot permanent restaurant at 31 East 17th Street in Union Square.
See you next month!