Clothing retailer American Apparel has signed a short-term agreement for 17,000 square feet of retail space at the Chelsea Landmark building, developer and building manager Rose Associates announced today.
The lease comes on the heels of several other short-term lease agreements at the Sixth Avenue building, between 25th and 26th streets, with Spirit, a Halloween store that rented the space in September and October, and with furniture store Knoll, which hosted its annual warehouse sale in the space in November. American Apparel is slated to occupy the space between Dec. 13 and Dec. 28, to capitalize on the holiday traffic.
Bruce Spiegel and Bill Bergman of Rose represented the landlord in the transaction. Chris DeCrosta of Thor High Street Advisors represented American Apparel. A spokesperson for Rose said the asking rent for the space was $150 per square foot.
“Retailers are expressing continued interest in this retail space, which has terrific exposure along Sixth Avenue in Chelsea,” said Spiegel, senior managing director at Rose.
Meanwhile, Rose is currently seeking a long-term retail tenant for the space. — Katherine Clarke