Crown Acquisitions has brought luxury brand Balmain to its property in SoHo at 100 Wooster Street for its first ever location in the US.
The store is expected to open late spring.
The space is 2,600 s/f and occupies the main floor and lower level storage. The 10,000 s/f building isfive stories and is 100 percent occupied.
Morgan Le Fay is the current retailer in the space (the only retail tenant in the building) and will be moving out in April.
The five year lease was signed two weeks ago. The deal was a collaboration between Adam Dweck from Blue Star Realty in conjunction with a team effort by Crown Retail Services and Sinvin Realty. The asking rent is $450 per s/f.