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

Small-Format Target Coming to AvalonBay Tower

Target has signed on for 35,000 square feet of retail space at the base of AvalonBay Communities’ 1865 Broadway in Columbus Circle. The 172-unit residential tower is slated to open in the first quarter of 2019.

“AvalonBay’s 1865 Broadway offers Target one of the most unique retail opportunities in all of Manhattan,” said JLL’s Patrick A. Smith. “There are no other locations in this submarket that can offer retail space of this size and quality. The new residential tower offers an ideal location for the retailer to open a small-format store here in Manhattan.”

Smith led a JLL team representing AvalonBay that also included Matt Ogle, Corey Zolcinski and Erin Grace. They worked closely with AvalonBay’s Martin Piazzola, Jeff Topchik and Lauren Cahill. Target was represented by Ripco Real Estate’s Richard Skulnik.

In all, 1865 Broadway offers 67,000 square feet of retail space on four levels.

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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 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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