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RKF Leases First New York City Retail Space to lululemon athletica at 1930 Broadway
10/19/2006


Retailer leases 2,400 square feet

NEW YORK, NY — Robert K. Futterman & Associates, LLC (RKF), the nation’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, has completed a lease with lululemon athletica at 1930 Broadway, a luxury residential building steps away from Lincoln Center. Located on the east side of Broadway between 64th and 65th Streets, 1930 Broadway is also known as the Grand Tier. The upscale yoga-inspired athletic apparel company will occupy 2,400 square feet of retail space.

RKF Chairman and CEO Robert K. Futterman and Director Beth Rosen exclusively represented the landlord Glenwood Management Corporation. The tenant was represented by Jacqueline Klinger and David Firestein of Northwest Atlantic.

“1930 Broadway is in the lower Upper West Side, one of Manhattan’s fastest growing residential and commercial neighborhoods. This is a premier site with terrific visibility in an affluent residential area that boasts strong retail sales. Lululemon’s first-ever New York City flagship will benefit tremendously from the foot traffic the area generates,” said Futterman.

Lululemon is scheduled to open during the 2006 holiday shopping season.

RKF is presently exclusively marketing the balance of the 9,300 square feet of retail space located on the corner of 65th Street and Broadway.

As part of the leasing efforts at 1930 Broadway, RKF successfully secured 53,000 square feet of retail space for Bed Bath & Beyond in 2003. Other shopping opportunities are in close proximity including the Time Warner Center, Victoria’s Secret, Pottery Barn and Barnes & Noble.

The country’s leading independent real estate firm specializing in retail leasing and investment sales, Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $4 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles and San Francisco.

 
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