Toni Ruiz Of Mango Leases 13,000-sf Retail Space At 1976 Broadway For 10 Years

The retail asset located at 1976 Broadway spans 13,000 square feet and is situated in the Upper West Side market. The asking rent for this space was set at $350 per square foot. This transaction involves a 10-year lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $350/ft
• Lease Term: 10 years
• Landlord: Christopher M. Jeffries - Millennium Partners
• Tenant: Toni Ruiz - Mango
• Brokers: Doug Kleiman, Gene Spiegelman & Morgan Singer - Ripco
• SF: 13,000

This transaction marks a significant expansion for the Spanish fashion retailer Mango, as it opens its fourth location in New York City. The brand, based in Barcelona, has plans to establish 20 more stores across the United States in 2025 as part of its growth strategy.