Three more retail tenants have inked deals for space at Brookfield Place.
Clothier J.Crew, British retailer Paul Smith and Posman Books will open outposts in the property at 250 Vesey Street, between West Street and the Hudson River, in Lower Manhattan. J.Crew’s spread will total 6,850 square feet, Paul Smith’s 2,555 square feet and Posman’s 2,000 square feet, the Wall Street Journal reported. The shop will be the independent book store’s fourth spot in New York City.
The shops join fellow high-end retailers Burberry, Salvatore Ferragamo and Hermes in the office and retail complex, where publisher Time Inc. and the Drug Enforcement Agency’s New York Organized Crime Drug Enforcement Strike Force have also inked deals for 650,000 square feet and 56,000 square feet respectively.
“You’re going to have locals from Battery Park City, the tourists and then the office population,” Richard Fader, vice president of Posman Books, told the Journal. “No question that the whole area is going to be hot from the river to Broadway.” [WSJ, 3rd item] — Julie Strickland