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New York & Tri-State  + Midtown New York  + Retail  | 

Club Monaco Commits to Retail Space Near Rockefeller Center

Thor Equities Group leased nearly 13,000 square feet at 597 Fifth Ave. to Club Monaco for a three-year term. The retail deal brings Thor’s upper Fifth Avenue portfolio to 100% leased.

“An exceptionally elegant building with a rich history, 597 Fifth Ave. offers Club Monaco an unrivaled opportunity to intrigue crowds on Fifth Avenue,” said Joe Sitt, chairman of Thor Equities. Given its grand staircase and 31-foot ceilings, he added, “the property’s opulent interior offers Club Monaco’s clientele an experience unlike any other and we are thrilled to welcome them to this iconic address.”

The property was built in 1912-1913 for Charles Scribner’s Sons Bookstore. Located near the new Lululemon, Sephora, and Puma flagships, as well as H&M and Saks Fifth Avenue, 597 Fifth is across from Rockefeller Center.

Thor handled the Club Monaco deal in-house. NKF’s Robert Cohen and Peter Whitenack represented Club Monaco.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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