Winick Realty Group has been retained by the Lightstone Group to market for lease retail space at 1407 Broadway, a big box opportunity at the crossroads of some of Manhattan’s most traffic-generating attractions: Times Square, Herald Square, Penn Station, Bryant Park and Port Authority Bus Terminal.
“Today, more tourists and commuters are passing by our doors, more people are visiting Bryant Park and more creative and innovative industries are moving in,” said Winick Realty Group broker Hal Shapiro, who is marketing the property with Kenneth Hochhauser.
“With the signing of Urban Outfitters, Whole Foods, Equinox, Blink and others, the retail is finally catching up with these demographic trends. At approximately 22,000 square feet of total retail to lease, we offer the largest block with the most flexible options.”
“We strongly believe, and the data backs us up, that the consumer in this trade area can support fashion retailing, particularly in the contemporary and better categories,” added Hochhauser.
The retail at 1407 Broadway includes an 8,338 s/f ground floor with 18-foot ceilings, a 6,176 s/f second floor with 12-foot ceilings and a 7,670-s/f selling lower level with 15-foot ceilings.
A new floor-to-ceiling glass façade with up to 251 feet of wraparound frontage will be created for the multi-level retail opportunity positioned at the base of 1.1 million square feet of office space.
