National retailer Modell’s Sporting Goods signed a 26,607-square-foot, 11-year lease to relocate its headquarters from 498 Seventh Ave. to 1430 Broadway in the Garment District. The Kaufman Leasing Company’s Arthur Spitalnick represented Modell’s, while NKF’s Ken Kronstadt and Rick Kramer represented landlord GLS Associates LLC.
“Modell’s needed a large, turnkey space from which to easily and fluidly deploy its corporate operations,” said Spitalnick. “This location at 1430 Broadway offers a compatible layout for a business of this scale. The property features a conference center, multiple buyers meeting rooms and direct escalator access from the lobby to the second floor, providing the Modell’s team with ample room and flexibility.”
The third-oldest sporting goods retailer in North America, Modell’s has been headquartered in New York since its 1889 founding. It operates more than 150 stores across the Northeast and Mid-Atlantic.
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 GlobeSt.com 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).