Armani enters Flatiron district, opens third Manhattan store. (Retail New York).Cushman & Wakefield announced that A/X Armani Exchange has leased 8,400 SF at 129 Fifth Ave., in the Flatiron district, for its third New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. location. Alan Napack, a director in Cushman & Wakefield's retail services group, represented A/X Armani Exchange in the negotiations. The store will consist of 4,200 SF on the ground floor of 129 Fifth Ave., a commercial condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Napack, A/X Armani Exchange also leased 4,200 SF of basement This article is about the section of a building. For the foundation, see Basement rock. A basement is one or more floors of a building that are either completely or partially below the ground floor. Slab-on-grade buildings do not have basements. space. A/X Armani Exchange, which sells. designer fashions, has two locations in New York City. One is located in SoHo, at 568 Broadway, and the other is in Midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town , at 645 Fifth Ave. At 129 Fifth Ave., Napack arranged the assignment of a lease from Guess, which runs for 12 years. A/X Armani Exchange assumes all of the original terms of Guess's lease and deals directly with the landlord for the remainder of the term. Guess had leased the space at 129 Fifth Ave., but never opened a store. "Once the store opens, Armani will have a presence in three distinct areas of Manhattan -- Midtown, flatiron, and SoHo," said Napack. "This was a great opportunity for Armani to extend the brand to another high traffic location." Located between 19th and 20th Streets, 129 Fifth Ave. is just blocks from the historic Flatiron Building The Fuller Building or as it is better known, the Flatiron Building, is in the borough of Manhattan, and was one of the tallest buildings in New York City upon its completion in 1902. . Virginia Pittarelli represented Guess in the transaction. The store is scheduled to open early next year. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion