New York & Tri-State + Downtown New York + Retail | December 13, 2022

Newmark Retail has arranged leases for Express, Inc.'s Express Edit and UpWest store concepts in Manhattan's SoHo neighborhood

Newmark Retail Arranges Three SoHo Leases for Express

Newmark Retail has secured three new leases on behalf of fashion retailer Express, Inc., totaling more than 18,000 square feet in SoHo. The leases include 9,100 square feet at 514 Broadway and 8,700-plus square feet at 129 Fifth Ave. for two Express Edit stores and 1,000 square feet at 107 Spring Street for the first UpWest store in Manhattan.

Vice chairmen Jeremy Ezra and Ariel Schuster, along with director Michael Paster, represented the tenant on all three transactions.

“Over the past several months, we’ve seen the continued demand for retail space in Manhattan, which is one of the strongest economic drivers of the city’s recovery,” said Schuster. “By launching Express Edit concepts in two of the most vibrant shopping neighborhoods and introducing UpWest, an entirely new option to feed the appetites of New York shoppers, Express will be reintroduced to the market as a notable retailer in Manhattan.”

Connect

Inside The Story

Newmark Retails Schuster

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 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).