Macy's Expands Broadway Offices Yet Again

NEW YORK CITY-Seven blocks uptown from its flagship Herald Square store, Macy’s Inc. has been an office presence at 1440 Broadway for nearly three decades. The retailer has inked its third expansion at the Monday Properties office tower since 2011, while extending the lease for the existing space, bringing its total footprint there to more than 197,000 square feet.

The latest expansion for Macy’s entails the retailer taking over the entire 10th floor at the 743,000-square-foot property, thereby adding 31,700 square feet to its existing 166,000 feet on floors six through nine and thirteen. The lease for the existing space is also being concurrently extended for 11 years, a Monday Properties spokesman tells GlobeSt.com.