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

PSG Moves Down 5th Ave with Expanded Store   

Paris Saint-Germain (PSG) is expanding its New York City presence by relocating to a larger space on Fifth Avenue.  

Set to open on December 15, the new 5,200-square-foot store at 535 5th Ave., owned by The Moinian Group, will be the club’s largest worldwide, surpassing its former 4,400-square-foot site at 587 5th Ave., owned by an affiliate of Namdar Realty Group, which closed on Nov 25. 

“We are very pleased with the welcome we have received from New Yorkers since our establishment in 2022,” said Fabien Allègre, chief brand officer at Paris Saint-Germain. “We look forward to welcoming them to an even larger and more innovative store in December, still located on the iconic Fifth Ave.” 

The relocation underscores PSG’s brand success, aligning with its global strategy. Beyond NYC, PSG has stores in cities like Los Angeles, Las Vegas, Miami, Seoul, Tokyo, London, and Doha, Qatar. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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