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T.J. Maxx Renews Lease For 46437 Square Feet At 250 West 57th Street, Manhattan

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LEASED
Fred Posniak

New York

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Retail46,437 SF
Leased
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LEASED

T.J. Maxx Renews Lease For 46437 Square Feet At 250 West 57th Street, Manhattan

250 West 57th Street

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Retail46,437 SF
Leased
Fred Posniak
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:46437 SF
Transaction Type:Lease

The retail asset located at 250 West 57th Street encompasses 46,437 square feet and is situated in the Manhattan market. It is managed by Empire State Realty Trust and is notable for its strong position within the retail sector. The building has been a key component of the landlord's portfolio in Midtown Manhattan.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 250 West 57th Street
  • Market: Manhattan
  • Landlord: Anthony Malkin - Empire State Realty Trust
  • Tenant: T.J. Maxx
  • Landlord's Representative: Fred Posniak & Alec Stone - Empire State Realty Trust
  • Tenant's Representative: Richard Skulnik - Ripco

This lease renewal by T.J. Maxx at the Empire State Realty Trust location demonstrates the strategic decisions made by both the landlord and tenant representatives. The negotiations were conducted by Richard Skulnik for T.J. Maxx and by Fred Posniak along with Alec Stone representing Empire State Realty Trust, highlighting the collaborative efforts in securing this lease renewal, which affirms the stability of the retail portfolio as the landlord prepares for its Q4 earnings report.

Players

Richard Skulnik
9 deals
BROKER


2 deals
BROKER

Fred Posniak
Empire State Realty Trust
4 deals
BROKER

Fred Posniak
Empire State Realty Trust
4 deals
BROKER

Empire State Realty Trust
LANDLORD

Details

LEASED
IMAGE: Richard Skulnik, Anthony Malkin, Fred Posniak & Alec Stone DATE: 02/18/2026 ADDRESS: 250 West 57th Street MARKET: Manhattan ASSET TYPE: Retail ~ SF: 46,437 LANDLORD: Anthony Malkin - Empire State Realty Trust (@ESRTSocial) TENANT: T.J. Maxx LANDLORD'S REP: Fred Posniak & Alec Stone - Empire State Realty Trust TENANT'S REP: Richard Skulnik (@R_Skully) - Ripco (@RipcoInvestmentSales) NOTE: T.J. Maxx renewed its lease at Empire State Realty Trust’s 250 West 57th Street location, covering 46,437 square feet in Midtown Manhattan. The deal, negotiated by Richard Skulnik for T.J. Maxx and Fred Posniak and Alec Stone for ESRT, underscores the landlord’s retail portfolio stability ahead of its Q4 earnings.

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Deal Type
Effective Rent (Annual)

$2,661,740.82

Total Lease Value

$26,617,408.18

Net Landlord Cash Flow$2,661,740.82