American Eagle has landed in Harlem.
The teen-apparel retailer has just leased an 8,500-square-foot nest on the ground floor of the retail project where Burlington Coat Factory and Whole Foods will also open.
American Eagle will also have a mezzanine level in the building being developed by retail maestro Jeff Sutton, at 100 W. 125th St. on the southwest corner of Lenox Avenue.
New York City Prime has an exclusive deal to represent American Eagle in the tri-state area, while Sutton represented his project, sources said.
Sutton did not return calls or e-mails for comment.
Ground-floor rents are $160 a square foot, so the 15-year pact should bring in $30 million over the life of the lease.
Burlington is taking the top three floors, totaling 70,000 square feet, while Whole Foods has 39,000 square feet on the ground and lower levels.
Prep work and approvals are under way for the development, which should break ground in May with openings by spring of 2015.
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Last fall, we reported that Dick’s Sporting Goods pulled out of a fully negotiated pact with Malkin Properties to bring a store to 3 Herald Square by trapping the entire former Conway’s store.
Now, sources tell us that rather than country camouflage, the multilevel space of 61,927 square feet may be filled by Urban Outfitters.
While this asphalt jungle-style deal is progressing, some wrinkles need to be ironed out before it is signed in indelible ink.
The more or less triangular building also has the address of 1333 Broadway.
When Dick’s pulled out of the deal in September, Anthony Malkin, president of Malkin Properties, said at the time: “This is a phenomenal location with outstanding visibility between Macy’s and Duane Reade’s flagship stores, and we already have activity.”
Yesterday, Malkin and his CBRE retail agents, Andrew Goldberg and Matt Chmielecki, along with Urban Outfitters and its reps, Stephen Plourde and Keith Fencl of McDevitt Co., didn’t return calls or e-mails for comment.
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Google has completed deals to gobble up 90,000 more square feet of space at Chelsea Market because its own tenants at 111 Eighth Ave. are trying to extend their leases.
The search giant will now occupy roughly 300,000 square feet at the Market building across the street from its New York headquarters.
As was previously reported by Crain’s, the deal includes subleasing GFK’s fifth-floor space of 58,523 square feet.
Google also leased another 25,000 square feet on the sixth floor and part of the seventh.
GFK is consolidating three locations and will be moving to the fourth floor of One World Financial Center, where 75,000 feet of already built-out space awaits. The deals for the building — aka Brookfield Place and 200 Liberty — are being made in the $40s per square foot.
Mark Jaccom of Cresa Partners and Richard Plehn of Colliers International have been representing GFK, whose lease went until 2017.
David Falk of Newmark Grubb Knight Frank works for Chelsea Market, while David Hollander, Ken Rapp and Doug Lehman represent Google. John Wheeler of Jones Lang LaSalle reps the Brookfield space.
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We can now out Joseph Sitt’s Thor Equities as an investor in the retail space at 151 Wooster that was purchased in November for $25 million. The 15,000 square feet have 70 feet of frontage.
Current tenants include furniture showrooms for Desiron and Cassina.
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Macy’s has renewed its office lease for 643,000 square feet at 11 Penn Plaza, aka 150 W. 32nd St., between 31st and 32nd streets, across from Madison Square Garden.
Scott Gottlieb and Michael Laginestra of CBRE, along with Michael Wellen, Ken Meyerson and Patrick Nelson of CBRE tenant consulting represented the tenant in the extension, which now runs through 2035.
According to Vornado’s 2011 annual report, starting rents in that building were $46.73 per square foot. Macy’s leases 537,000 square feet of office space in Vornado-owned properties, and accounted for $29.895 million in revenues that year.
With 2.7 percent of its offices leased to Macy’s, it was important for Vornado to solidify its long-term relationship with the retailer, especially after refinancing the building early last year with HSBC for $330 million.
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Baked by Melissa, the bite-size-cupcake shop, has cooked up a lease by Bloomingdale’s at 784 Lexington Ave., on the corner of East 61st Street, where it will take over a former clock store.
The 1,500 square feet includes the ground and second floors.
Sources said the rent for the 15-year deal was close to the asking price of $500 per square foot.
JTRE’s Jack Terzi and Joseph Jemal represented the tenant in the deal with Rudd Realty.