U.K. Furniture Brand Will Open Flagship Store in Flatiron District
British furniture brand Timothy Oulton recently signed a 10-year lease for a 7,170-square foot retail space at 901 Broadway in the Flatiron District. The new location will serve as the brand’s East Coast flagship location and its largest and most important retail presence in the region. McAlpine Contracting will build the new showroom.
London-based Paddy McCormack + Co. served as a retail real estate advisor and New York City-based Robin Abrams from Compass represented Timothy Oulton in leasing negotiations. David Graff from Compass represented the landlord, Karass Broadway.
Timothy Oulton’s in-house design team developed the concept for the new flagship store. “This $1-million construction project will revitalize this currently vacant retail space to attract buyers to this vibrant neighborhood at the time when the retail industry is beginning to recover in Manhattan and nationally,” said McAlpine VP John Nolan. “The completion of construction is expected in late summer.”