search

The Real Deal Logo

Trending

Fort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aBristol Myers Squibb to close 256K sf campus in Redwood CityBristol Myers Squibb to close 256K sf campus in Redwood City
New York

Warby Parker to open brick-and-mortar store at Grand Central

The eyeglasses retailer is taking a 1,357-square-foot space

<em>Grand Central Terminal</em>
Grand Central Terminal

Eyeglasses purveyor Warby Parker is opening a store in Grand Central Terminal as part of its efforts to ramp up its brick and mortar operations.

The retailer is taking a 1,357-square-foot space in the busy terminal, the New York Post reported. Reed Zukerman of Newmark Grubb Knight Frank represented Warby Parker in the deal with the MTA. Additional information on the lease was not immediately available.

Sign Up for the undefined Newsletter

The announcement of the new store coincides with the company’s plans to nearly double its retail presence across the country in 2016, company representatives told CNBC. In January, the company announced that it was opening its 32nd store, a 2,080-square-foot space at 55 Bergen Street in Cobble Hill. That location is the retailers first in the borough. Warby Parker is valued at more than $1 billion, but in 2014, founders Neil Blumenthal and Dave Gilboa told the Wall Street Journal that the company had yet to turn a profit. [NYP] — Kathryn Brenzel

Correction: An earlier version of this story misidentified how many Warby Parker stores have opened since the company’s creation. There will be 32 with the new Brooklyn location. 

Tags
Grand Central Terminal