Jay L. Schottenstein Leases 338,085 SF Retail Space On Madison Avenue, NoMad | 63 Madison Avenue | Retail | Lease

Summary

Lease

NEW YORK

Retail

338,085 sqft

Located on Madison Avenue in NoMad, Manhattan, the retail space encompassing 338,085 square feet has been leased in a significant deal.

Summary of transaction details:

Property Type: Retail
Transaction Amount: Not specified
Address: 63 Madison Avenue
Market: NoMad, Manhattan

Peter Duncan from George Comfort & Sons serves as the landlord for this lease agreement, with Jay L. Schottenstein from American Eagle Outfitters as the tenant. The 20-year deal marks a substantial move for American Eagle Outfitters, consolidating its NYC offices to this new location on Madison Avenue, offering a larger operational footprint between 27th and 28th streets.

Details

Deal Summary

LEASED

IMAGE: 04/30/2024 ADDRESS: 63 Madison Avenue MARKET: NoMad, Manhattan ASSET TYPE: Retail ~ SF: 338,085 LANDLORD: Peter Duncan - George Comfort & Sons TENANT: Jay L. Schottenstein - American Eagle Outfitters LEASE TERM: 20-year deal NOTE: American Eagle Outfitters is making a significant move, relocating its NYC offices to Madison Avenue in a sizable 20-year lease deal for 338,085 square feet. Situated between 27th and 28th streets, the new location will consolidate the retailer's operations, offering a larger footprint.

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Address63 Madison Avenue

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