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Deals & DealmakersRetail

Cushman marketing Broadway opportunity

920 Broadway
Cushman & Wakefield has been retained as the exclusive leasing agent to market the retail space at 920 Broadway, located at 21st Street in the Flatiron District.

The brokerage is marketing 3,963 s/f of ground floor space with 126 feet of wrap-around frontage on Broadway and 21st Street.

Also included are 1,801 s/f of mezzanine space and 4,245 s/f of lower level space.Built in 1916, the 111,875 s/f, 17-story commercial property is owned by The Carlyle Group and ClearRock Properties.

“920 Broadway is already a premier Flatiron location. We’re investing over $10 million to dramatically improve the property for our office and retail tenants. Retailers will particularly benefit from the restoration of the historic façade, the addition of place-making exterior lighting and vibrant, new signage. By the end of summer, 920 Broadway will be a Flatiron standout,” said Steve Grant, ClearRock managing p[rincipal.

The Cushman & Wakefield retail leasing team is led by Gene Spiegelman, and includes Michael O’Neill, Alisa Amsterdam and Jason Greenstone.

“The retail space at 920 Broadway is a highly visible location in one of Manhattan’s most vibrant and thriving neighborhoods,” said Spiegelman, a Cushman & Wakefield vice chairman.

“We look forward to working closely with ownership to secure top-tier retailer(s) for this space. This site is ideally positioned in a highly sought after submarket that features significant retail traffic.”

The retail component consists of two separate spaces that can be leased separately or combined. Occupancy is March 2014.

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