NEW YORK CITY - Themixed-use office and retail tower under development in DowntownManhattan's Financial District at 25Park Row  is seeing a wave of interest from retailers,some with small-to-large footprints and letters of intent forflagship buildouts. The market that has already seen a largetransformation with the renovation of the Fulton Street TransitCenter and will see even further density, Diana Boutross, theexecutive managing director of retail services at Cushman &Wakefield, who is leading leasing efforts for the property, tellsGlobeSt.com.

The retail space at25 Park Row is situated within an art deco-designed buildingwith a storied history, which was once the home of J&R Music,an electronics and music retailer, well-known for its retaillocation on Park Row, across from New York City Hall for anestimated 43 years. Now, the new property in its place offers60,000 square feet of high-ceilinged retail space and is availableand divisible for different retail sizes. 

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.