The Real Deal New York

Brooks Brothers eyes FiDi store

May 30, 2012 09:30AM

Brooks Brothers is on the verge of slinging suits to Wall Street bankers right in their backyard. The New York Post reported the clothing retailer is close to signing for 7,000 square feet on the first two floors of 35 Wall Street, where the asking rent for the ground floor is $500 per foot. “It’s great for them,” said Joanne Podell of Cushman & Wakefield, who is marketing the space with Matthew Siegel. “Their customer is there.”

The building is one of the few in the area without a landmark designation, and China Sonangol, which purchased the retail space from Africa Israel for $150 million in 2008, has installed a glass storefront. The address is connected to 15 Broad Street and JPMorgan’s former headquarters at 23 Wall Street. Brooks Brothers would be the first high-profile retailer to sign a lease in the Financial District since last year’s Occupy Wall Street, according to the Post. [Post, 1st item]