Janet MandellThe first New York City store of a nationwide chain which rents out high-end clothing for just a few short days is located in Midtown South.
Chicago-based retailer has taken 5,000 square foot for 10 Years at 2428 West 25th StreetAccording to the brokers, the property is located between Broadway Avenue and Avenue of the Americas, in Midtown South. Colliers. Rent for this space (which includes both the ground and lower levels) was $150 per sq. foot.
A store half a block to the west Madison Square Park will be Janet Mandell’s third location, along with stores in Chicago and Los Angeles. While the company doesn’t have a specific opening date yet, it expects to open the showroom sometime this year. After an initial appointment with a professional stylist, customers can rent up to four designer outfits and accessories.
“Midtown South has seen an exciting rise in activity these last few months with retail spaces beginning to fill back up and add to the vibrancy in the neighborhood,” said Colliers’ Jake HorowitzJanet Mandell was represented by. “Flatiron is quickly becoming one of the city’s newest centers for fashion The following are some examples of how to get started: retail, and we’re thrilled to have been a part of bringing the first Janet Mandell store to New York.”
Cushman & Wakefield’s Patrick O’Rourke, Steven Soutendijk and Sean Moran Represented the landlord Savanna. A C&W spokesperson didn’t immediately return a request for comment.
Linhadley Eljach, a vice president at Savanna, said in a statement that the firm had “made substantial capital improvements to enhance the property, and it’s gratifying to see the leasing interest in the building from renowned brands like Janet Mandell.”
Rebecca Baird Remba can be contacted at [email protected].