589 Fifth Avenue
- Address 589 Fifth Avenue
- neighborhood Grand Central
- borough Manhattan
- owner entity 589 FIFTH TIC II LLC
- floors 17
- Year Built 1954
- commercial units 2
- total units 2
- square feet 156,319
- block and lot 1-01283-0069
- BIN 1035427
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- Event Retail Leasing
- Address 589 Fifth Avenue
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 57,000
- Publication Date 10/01/2012
- Event Date 08/22/2012
- Party 1 Western Management
- Party 1 Brokerage CBRE
- Party 1 Broker Jedd Nero
- Party 2 H&M
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Robert Gibson, Thomas Citron
notes
The apparel company signed a long-term lease for another location, which will serve as its flagship store. The new space, consisting of the first through fifth floors and a below-grade level, will be H&M's largest store in the world.
01/01/2013
This month, The Real Deal looked at Manhattanâs largest new retail leases by square footage below 96th Street on major corridors. Retailer H&M snagged two of New York Cityâs biggest leases â' one at 589 Fifth Avenue at 48th Street, the other at the Durst Organizationâs long-vacant 4 Times Square retail space...