![]() Update: This story was edited to include information from a Boston Properties spokeswoman, as well as the brokers for the tenant. Under Armour was rumored to take the Financial District space if its competitor backed out, the paper noted. Coach Fifth Avenue is a must-visit destination for anyone seeking to experience the brand’s iconic style, impeccable craftsmanship and pick up their next statement piece. Nike is also negotiating a lease for 40,000 to 65,000 square feet at 140 West Street between Vesey and Barclay Streets, the Post reported last week. The interior design of the store is modern and sleek, with a mix of textured materials and finishes that create a warm and inviting atmosphere. The New York Post reported in May that Nike, which has a store at 6 West 57th Street between Avenue of the Americas and Fifth Avenue was looking to take the space in the case that Apple did not take it for the long term. Apple is using some of the former FAO store while sprucing up its current below-grade shop at the 1.8-million-square-foot tower. Under Armour has been eyeing the space, as Commercial Observer reported in May. Today’s announcement could end what has become a lengthy retail saga between three companies-Nike, Under Armour and Apple -and covering almost all of Manhattan. A cube covered an entrance to the underground store with a total area of about 2. ![]() The landlord’s spokeswoman said today there is still 17,000 square feet of former FAO Schwarz space available to lease. Apple Store on Fifth Avenue in New York is also known as the glass cube. The toy seller was paying $20 million per year in rent, according to a first-quarter 2015 Boston Properties earnings call. Apple Fifth Avenue: 767 Fifth Avenue Apple Upper West Side: 1981 Broadway Apple Upper East Side: 940 Madison Avenue Apple Queens Center: 90-15 Queens Boulevard Apple State Island: 2655. Under Armour is slated to assume the space sometime in 2018, she added.įAO Schwarz left the property last summer after 30 years, citing a rent increase that it claimed it couldn’t pay. An RKF spokeswoman declined to comment.Ī Boston Properties (BXP) spokeswoman declined to provide the asking rent as well as the length of the lease. Robert Cohen and Peter Whitenack of RKF represented Under Armour along with Jeff Mason of Mason Retail Group. Green and Steven Soutendijk of Cushman & Wakefield represent landlord Boston Properties at the building and did not immediately return a request for comment via a spokesman. ![]() Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. “And our plan is to build the most breathtaking and exciting consumer experience ever conceived at retail” location, Plank said.ĭavid A. The Apple Store Fifth Avenue is located at 767 Fifth Avenue between 58th and 59th Streets, neighboring Central Park, FAO Schwarz and Bergdorf Goodman. Plank said Under Armour is a “growth company” looking to expand its footprint, adding that the GM Building’s location between East 58th and East 59th Streets was one of the “most recognized and high-trafficked areas of all of New York.” SEE ALSO: Hair Salon Flora Opening 3K-SF Williamsburg Location ![]()
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