1260 Broadway
Basic Information 2 nd Floor 7,670 SF Size Façade Ceiling Height Ground Floor Cellar Floor Sub Floor 8,700 SF 12,700 SF 10,800 SF 25 ~ 120 ft 12 ~ 20 ft 2 nd Floor $ / SF Asking Rent Ground Floor $ / SF Cellar Floor $ / SF Sub Floor $ / SF Tenant Improvement Available
RETAIL Herald Square / NoMad Retail Market 1260 Broadway offers incredible retail potential due to its location on 32nd Street in the center of the Herald Square/ NoMad, New York City s most popular shopping destination. The retail area is distinguished by its high volume of foot traffic. Over 100 million people pass through the area each year. Penn Station and its 550,000 daily commuters, the 34th Street subway station, the Empire State Building, and retail destinations such as the Manhattan Mall, Macy s, and the 34th corridor contribute to make this the busiest area in New York City. West 32nd Street is the main artery to these locations as well as to Madison Square Garden. At peak periods, approximately 2,700 pedestrians per hour walk through Greeley Square on 32nd Street and Broadway. The Property, which is located adjacent to the area, can capitalize on this foot traffic, as well as its strong visibility. The Property can be seen easily by shoppers at the Manhattan Mall and Macy s, and occupies one of the most prominent retail positions in the area. This heavily visited location also benefits the Property s parking garage, one of the few in the area. Guided by the 34th Street Partnership, the Herald Square/ NoMad has two anchors: Macy s, known as the world s largest department store, and the Manhattan Mall, a 1 million square foot shopping center and office building which has undergone over $500 million of redevelopment work since the 1990s. These two destinations, in conjunction with prominent retailers such as Amazon, Gap, H&M, JC Penny, Kmart and Victoria s Secret, have created New York City s premier shopping district. 1260 Broadway
Retail Market Behind NoMad s retail surge Deal] A breakdown of the latest trendy shops helping transform the former wholesale area. September 01, 2014 [Real Soho, Tribeca, the Meatpacking District and NoMad? The neighborhood north of Madison Square Park is not the first that comes to mind for chic shopping. But a tide of changing retail in the stretch along Broadway from 23rd to 30th streets is altering that. NoMad's Virgin Hotel Will Be a Slim, Glassy, Cantilevered Mall Thursday, January 22, 2015, by Hana R. Alberts NY CURBED Virgin Hotel #2, which is slated to take over most the block on Broadway between 30th and 29th streets, which currently houses a bunch of less than high-end shops. Designed by VOA Associates, we knew that it would be relatively tall for the area and have a cantilever. But here's the first look at the entire hotel, all 38 stories, and the mall-like chunk of retail shops slated for 100,000 square feet of space at its bottom. And thus NoMad's rapid transformation continues.
Retail Market Nomad Retail Development Boom 21 New Retail related development Projects. Wednesday, February 18, 2015, NY CURBED NoMad has morphed from a fledgling neighborhood with a dubious name derived from an acronym to an expensive, new development-filled neighborhood with a dubious name. Whatever you call it, it's undeniable that the area north of Madison Square Park, roughly defined from 24th to 30th streets and Lexington to Sixth avenues, is booming. (1)400 Park Ave. S (2) 10 Madison Sq. West (3) The Whitman (4) 404 Park Ave. S (5) 212 5 th Ave. (6) 444 Park Ave. (7) 212 5 th Ave. (8) Virgin Hotel (9) 281 5 TH Ave. (10) 11E 31 st St. (11) The Centurian (12) Bancroft Building (13)15E 30 th St. (14) 110 Madison Ave. (15)114E 25 th St. (16) 313 Park Ave. (17) 9 E 30 th St. (18) 241 Fifth Ave. (19)250 5 th Ave. (20) Martha Washington (21) Park South Hotel
Floor Plans Sub Cellar Floor Plan Space Dimension SF 1 130 x 72 8,300 2 30 x 45 2,500 Total 10,800 2 1
Floor Plans Cellar Floor Plan Space Dimension SF 1 70 x 100 6,200 2 70 x 100 6,500 Total 12,700 2 1
Floor Plans Ground Floor Plan Space Dimension SF 1 43 x 94 3,800 2 60 x 50 2,200 3 30 x 90 2,700 Total 8,700 2 3 1
Floor Plans Second Floor Space Dimension SF 1 90 x 60 4,420 2 80 x 30 3,250 Total 7,670 2 1
Floor Plans Ground Floor Plan Floor SF Sub Cellar 8,300 2,500 Sub total 10,800 Cellar 6,200 6,500 Sub total 12,700 3,800 1 st Floor 2,200 2,700 Sub total 8,700 2 nd Floor 4,420 3,250 Sub total 7,670 Total 39,870