The Real Deal New York

Samsung leases entire Meatpacking building

Facebook and Google had been mulling full-building lease in Thor, Taconic property

July 15, 2014 02:45PM

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837 Washington Street and a Samsung store in London

Electronics giant Samsung has signed for all 55,000 square feet of a six-story Meatpacking District building developed by Thor Equities and Taconic Investment Partners.

The property at 837 Washington Street, between Little West 12th and 13th streets, would house a marketing center and customer services space. Facebook, Google and Ferrari were also eyeing a full-building lease.

Thor owns an 80 percent stake in the building, which has a two-story brick façade and four-story glass and steel section. The development includes more than 7,000 square feet of outdoor space on the second and third floors.

“While the building is special inside, this is a special neighborhood and you want to capture the neighborhood outside,” Joseph Sitt of Thor told the Wall Street Journal. [WSJ]Mark Maurer

  • http://batman-news.com changa

    Another THOR nightmare– Global Retailers are all they know.. Samsung is the perfect addition to the Meatpacking Mall.. Hey Sitt, good luck with Coney !

    • moneytalks

      Believe it or not, Jeff Sutton is way smarter than Sitt although they are great friends. You need to diversify sometimes. Jeff did that on 5th with American Girl and Abercrombie. Abercrombie and Fitch does more than $120M in annual sales. One of the best grossing retailers..That’s why he is 7 times richer than Sitt.

      • coold1971

        ill run a charity for sitt

  • I dont own a smartphone

    I heard retailers were leaving Meatpacking cuz it is too expensive.

    Samsung, are you reading this?

    You need to open a branch in Chinatown Manhattan not Sunset Park or Flushing because as well as picking up hotel and tourist and civic center traffic, you can get the local newspapers to cover your weekly if not daily orientation sessions indoctrinating NEW smartphone owners into the wonders of android apps – the Chinese fondness for TVPAD apps should be explored.

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