T.J. Maxx Leases 28,837 Square Feet Retail Space From Gary Barnett At 150 East 86th Street

The asset involved in this transaction is a retail space located at 150 East 86th Street on Manhattan’s Upper East Side. The property encompasses a total square footage of 28,837 square feet. T.J. Maxx will occupy this space, replacing H&M, with their store layout including approximately 4,000 square feet on the ground floor and 25,000 square feet on the second floor.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: N/A
• Address: 150 East 86th Street
• Market: Upper East Side
• Landlord: Gary Barnett - Extell
• Tenant: Ernie Herrman - T.J. Maxx
• Broker: Richard Skulnik - Ripco

This lease transaction marks a significant change in occupancy for the property, with T.J. Maxx taking on the space in late 2027. The involvement of Richard Skulnik as the broker provides representation for the landlord and contributes to the facilitation of the lease agreement.