Canada Goose migrates to Jeff Sutton’s 101 Wooster Street

Asking rent at Patagonia’s former space was $550 per sf

101 Wooster Street in Soho (inset: Jeff Sutton)
101 Wooster Street in Soho (inset: Jeff Sutton)

UPDATED, March 16, 12:26 p.m.: Toronto-based parka maker Canada Goose will take Patagonia’s old space at Jeff Sutton’s 101 Wooster Street in Soho.

The retailer signed a lease for a 4,400-square-foot space at the early 1900s-era property, where asking rent was about $550 per square foot, the New York Post reported.

RKF’s Robert Cohen and Michael Cohen negotiated on behalf of Canada Goose.

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The space has been occupied since 1995 by another outdoor clothing company, Ventura, Calif.-based Patagonia, which is moving to 72 Greene Street.

Sutton’s Wharton Properties bought the retail portion of the seven-story, 24,000-square-foot property – located between Spring and Prince streets – in 2015. In addition to the retail space, the building also has nine condominium units.

Canada Goose, founded in the 1950s, makes heavy-duty, goose down winter coats with fur-trimmed hoods. In 2013, the private equity firm Bain Capital took a majority stake in the company. [NYP]Ariel Stulberg

Correction: A previous version of this article stated that Wharton Properties bought the entire building in 2015.