NEW YORK CITY-Fairway Market has inked a 20-year lease for 26,000 square feet of space at 766 Sixth Ave.
The Brooklyn-based grocer will lease 17,000 square feet of space on the ground floor and 9,000 in the basement of the 33-story Chelsea Landmark building between West 25th and 26th streets, according to Crain's New York Business.
“Fairway's move is proof that the retail corridor on Sixth Avenue north of 23rd Street has matured into a true link between Herald Square and the Flatiron and Ladies Mile areas,” says Bruce Spiegel of Rose Associates in a statement. He and William Bergman of Rose Associates represented the building owner Marine Estates in the transaction.
The store is expected to open this summer. See story in Crain's New York Business.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.