Skechers USA in Times Square; Equinox in the Plaza District; and
Lowe’s Home Improvement to open Flagship in Chelsea
NEW YORK–(BUSINESS WIRE)–
SL Green Realty Corp. (NYSE:SLG), New York City’s largest commercial
property owner, today announced it has signed leases totaling 71,547
square feet with three separate world-class, national retailers in three
of Manhattan’s most sought-after submarkets—Times Square, The Plaza
District and Chelsea.
“We are pleased to attract such prestigious, well-known retail anchors
in these three strategically-located properties,” said Brett
Herschenfeld, managing director of SL Green Retail. Mr. Herschenfeld
continued, “Our retail portfolio continues to be a meaningful source of
growth for the company.”
Equinox, one of the nation’s global leaders in holistic fitness centers,
has signed a 25-year, 32,000-square-foot four-level lease for a portion
of the retail component of 10 East 53rd Street. Situated in
New York’s opulent Plaza District, the Club is scheduled to open in 2016
and will provide a wonderful amenity to SL Green’s newly redeveloped
Lowe’s Home Improvement, a Fortune 100 home improvement company with
more than 1,835 locations nationwide, has signed a 15-year lease for a
Chelsea flagship store comprised of 36,000 square feet on multi-levels
at 635-641 Sixth Avenue in Chelsea. Joe Mastromonaco and David Smookler
of the Dartmouth Company represented Lowe’s, while RKF’s Ariel Schuster,
Gary Alterman and Ross Berkowitz acted on behalf of SL Green.
Skechers USA, a leader in high performance, lifestyle footwear, which
designs develops and markets more than 3,000 styles, has committed to a
3,519-square-foot 10-year lease at the iconic 1515 Broadway in the heart
of Times Square. Skechers was represented by Gene Spiegelman of Cushman
& Wakefield, while Jeffrey Roseman of Newmark Grubb Knight Frank acted
on behalf of SL Green.
About SL Green Realty Corp.
SL Green Realty Corp., New York City’s largest office landlord, is a
fully integrated real estate investment trust, or REIT, that is focused
primarily on acquiring, managing and maximizing value of Manhattan
commercial properties. As of September 30, 2014, SL Green held interests
in 96 Manhattan buildings totaling 44.1 million square feet. This
included ownership interests in 28.0 million square feet of commercial
buildings and debt and preferred equity investments secured by 16.1
million square feet of buildings. In addition to its Manhattan
investments, SL Green held ownership interests in 35 suburban buildings
totaling 5.9 million square feet in Brooklyn, Long Island, Westchester
County, Connecticut and New Jersey. For more information, please visit: https://slgreen.com/
SL Green Realty Corp.
Brett Herschenfeld, 212-594-2700
Source: SL Green Realty Corp.
News Provided by Acquire Media