Discuss confidence in Sixth Avenue!
While some Midtown restaurateurs claim they’re struggling, Del Frisco’s Double Eagle Steakhouse — a three-level, 25,000 square-foot jumbo at 1221 Sixth Ave. — just renewed its lease with long-time landlord Rockefeller Group for 20 more years.
The two.6 million square-feet office tower above the steakhouse is greater than 99 percent leased while your complete Sixth Avenue corridor from West fortieth Street to Central Park South is flourishing.
Terms of the renewal weren’t available.
JLL’s Patrick Smith, Corey Zolcinski and Matthew Schuss represented Del Frisco’s.
Rock Group was repped by CBRE’s Eric Gelber and Jordan Kaplan, together with an in-house team of Bill Edwards, Marisa Gadlin and Gisele de Chabert.
Anthropologie is returning to Soho after an eight-year absence.
The favored retailer of sportswear, jewelry and residential furnishings just signed a lease for a roughly 7,000 square-foot flagship store at 420 West Broadway, where it’s going to open within the spring.
Anthropologie was at 375 West Broadway until 2016 when Gucci took over the space. Its latest landlord at 420 West Broadway, Centaur Properties, was repped by Sinvin principal Christopher Owles with Sarah Shannon. The tenant was repped by McDevitt Company’s Tim Duffy.
Owles said, “Anthropologie had been planning its return to Soho for a few years but there are limited opportunities in the realm for the big footprint they require. I’m pleased that 420 West Broadway was a very good fit for them and might be made available at the precise time.”
Terms weren’t disclosed. Retail asking rents on the block are within the $200s per square foot.
Things are off to a sweet start at the The Refinery on the Williamsburg waterfront.
The previous Domino sugar plant, where developer Two Trees inserted a cutting-edge glass-wrapped office constructing contained in the nineteenth Century brick facade, has already signed its first leases.
We’ve learned that three deals totaling 15,000 square feet have been inked for prebuilt units and more are likely soon. Only one in all the primary tenants is identified to this point – digital startup firm Whop.
Two Trees can be said to be “trading paper” with several other prospective tenants.
The done deals are small relative to the constructing’s total 460,000 sf of office space, however the extraordinary project appears off to a robust start.
Two Trees chief Jed Walentas told us last yr that the prebuilt units were already gaining traction and the signed deals appear to bear that out.
The developer is so heartened by the prebuilts’ popularity that it’s creating more of them.
As we also first reported, Two Trees teamed up with luxury fitness brand Equinox to launch a 42,000 square-foot gym and health club at the landmarked constructing.