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Deals & Dealmakers

Foot Locker takes 145,000 s/f off Vornado’s hands

Foot Locker has signed a 145,000 s/f headquarters lease at Vornado’s 330 West 34th Street.

330 West 34th Street

The footwear and sports apparel retailer  will relocate from 112 West 34th Street to  occupy the entire second to fourth floors at the Vornado-owned tower located between Eighth and Ninth avenues.

Foot  Locker was represented by Robert Martin, vice chairman, and Christine Tong, senior vice president, both with JLL. Vornado was represented in-house by Glen Weiss, executive vice president, Craig Panzirer, senior vice president, and Jared Silverman, leasing director.

“Foot Locker preferred to remain in the Penn Plaza area,” said Martin. “The retailer was also looking for an office building that featured large floor plates that could accommodate the planned layout of its offices. Vornado’s 330 West 34th Street was ideal for Foot Locker, and we worked closely with the owner to complete the transaction in a tight timeframe.”

Vornado recently completed a capital improvement program at the 18-story, 330 West 34th Street building, with the effort including a dramatic, new, upscale lobby; a ground-floor amenity center; destination dispatch elevators; and state-of-the-art mechanical systems.

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