Newmark Completes Flagship Lease for Retailer Aritzia
Newmark Retail completed a flagship retail lease on behalf of Canadian fashion retailer Aritzia. Vice chairman Ariel Schuster and associate director Jason Wecker represented Aritzia.
The lease is in Midtown at 608 Fifth Ave. along the southwest corner of West 49th Street. The space spans just over 33,000 square feet across three levels with more than 200 feet of wraparound frontage and was formerly home to Topshop. Omnispective, 608 Fifth’s owner, was represented by CBRE vice chairman Andrew Goldberg and SVP Jared Lack.
“The signing of this deal for Aritzia signifies both their continued commitment to physical retail as well as the strength and importance of Manhattan and the US to the continued success and growth of the brand,” said Schuster. “We believe this additional location will be an integral part of the retail streetscape, as was the case with Aritzia’s additional Soho location at 560 Broadway signed in 2020.”
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).