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Article: The Gap chain renews lease in Herald Square.(Brief Article)(Statistical Data Included)
- Article from:
- Real Estate Weekly
- Article date:
- March 28, 2001
CopyrightCOPYRIGHT 2001 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Demonstrating a continued commitment to the ongoing retail renaissance of the Herald Square area of Manhattan, Gap has completed a long-term renewal for over 70,000 SF of space at the base of Herald Towers, on the southeast corner of 34th Street and Sixth Avenue. Joseph Jerome and Raymond Chalme, principals of JEMB Realty, owners of the property, made the announcement.
"The unparalleled location, foot-traffic and access to all major subway lines have contributed to making Herald Towers a prime location for Gap," said Jerome. "Gap's decision to make a long-term commitment to this location reinforces our belief that Herald Square and the 34th Street corridor will ...