New York & Tri-State + Downtown New York + Retail | March 28, 2023

Schott NYC Relocates Retail Store to KPG Funds’ 32 Howard

KPG Funds and Intercontinental Real Estate Corporation have leased retail space at 32 Howard St. in SoHo (a/k/a HOWARDXCROSBY) to Schott NYC. Plans for the retail store include a gut renovation and upgrade from the leather jacket brand’s existing New York location on Elizabeth Street in Nolita, where they have been for the past decade.

The tenant intends on designing the new store to captivate the senses of aficionados of Americana. When completed, there will be approximately 2,500 square feet of prime luxury ground-floor retail.

“We are thrilled to have Schott NYC relocate to our building,” said Matthew Flotta, senior director, ESG & portfolio operations at Intercontinental. “Schott NYC is an icon in the menswear fashion and design industry, and we are thrilled about their plans to create a special one of a kind retail experience in SoHo.”

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Intercontinental's FlottaKPG Funds

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).

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