Pryor Cashman Represents 600 Broadway Partners in 20-Year Lease to Abercrombie & Fitch Co.
As reported in The New York Law Journal on September 5, 2007, the Pottery Barn will close at 600 Broadway in Soho at the end of 2007 and the space will be taken over in 2008 by Abercrombie & Fitch Co., which signed a 20-year lease for a new approximately 40,000 square-foot store.
Pryor Cashman Real Estate partner Bradley Kaufman and associate Andrea R. Gendel represented the landlord, 600 Broadway Partners, LLC, in the transaction.
In noting that the six-story, 65,000 square-foot Broadway building is in a high-status area, the article quotes Kaufman: “That is the hottest area for retailing. There is nothing hotter than Soho right now. Every retailer wants to be in Soho regardless of price point or intended market.”
To read The New York Law Journal article, please click here.
