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Shuttered stores on Broadway and West Broadway in Soho mean very different things, retail brokers say. On Broadway, between Canal and Houston streets, most of the shuttered
stores are currently being renovated and new tenants are moving in,
while on the same stretch of five blocks on West Broadway, the closed
stores are seeing little activity. Retail brokers say Broadway has had several new deals in the past few months. In addition to Escada taking Ann Taylor’s space at 560 Broadway and Bebe leasing the former Staples space
at 488 Broadway, a Spanish apparel company recently signed to take over
Kira Plastinina’s store at 594 Broadway. And off the avenue on Prince
Street, a menswear designer just signed for a space, according to Karen
Bellantoni, an executive vice president at Robert K. Futterman & Associates. [more]
