Cushman & Wakefield arranged a long term lease for Nili Lotan at 142 Duane Street in Tribeca.
Nili Lotan will use the space for the brand’s showroom, office, and design center.
A team consisting of Managing Director Brandon Singer and Senior Brokerage Coordinator Michael Cody represented Nili Lotan in the transaction. The landlord of the property is 101 Holdings.
“During Nili Lotan’s search, our team was dedicated to finding the ideal space for the brand’s new showroom and design center, and 142 Duane Street offered the multi-level, sunlight space the brand was looking for,” said Singer. “The property was certainly worth the wait.”
The retail space at 142 Duane Street totals 7,668 s/f over the ground floor, mezzanine and lower level. The multilevel retail property has high ceilings and offers tons of natural light.
Nili Lotan is a namesake fashion brand created by Israeli-born and New York-based ready-to-wear fashion designer, Nili Lotan. The brand was launched in 2003 and has seen great success with a list of dedicated, famed clients such as Gigi Hadid, Kendall Jenner and Jennifer Lawrence.