Marquee Retailers Snap Up Prime Turf

Major retailers are acting on forecasts of a rush of consumer spending: Equinox, Lowe's, and Skechers are the latest marquee names. SL Green announced today that it inked a trifecta of long-term leases, offering a snapshot of the role heavyweights have as growth-drivers in the landlord’s portfolio. Equinox signed a 25-year, 32k SF lease for an upscale four-story fitness club at the recently redeveloped building at 10 East 53rd Street. Meanwhile, Lowe's signed a 15-year lease for a 36k SF flagship in 635-641 Sixth Avenue in Chelsea. And Skechers opted for a Times Square showcase, signing a 10-year lease for 3,200 SF at 1515 Broadway (above).

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Wereldhave Sells €63M Shopping Center To French Investor

Supertall Assemblage Comes Together At Long-Vacant Midtown Site: The N.Y. Deal Sheet

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

Banks Are Manhattan's Latest Hot Retail Tenant

RXR Marketing Executive Lauren Maturo Dies At 32

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them