Foot Locker to re-launch New York City flagship

Foot Locker has signed a lease for a redesigned flagship store in the heart of Manhattan’s 34th Street corridor.

The new Foot Locker store will be located directly opposite Macy's world flagship store, at the intersection of Broadway, Avenue of the Americas and West 34th Street, where an estimated 100 million pedestrians pass by annually. Foot Locker will consolidate from three floors into 34,200 square feet on a portion of the ground floor and the entire second floor.

"Foot Locker's decision to recast its lease and build a new multi-level flagship store underscores the retail power of 34th Street," said Thomas P. Durels, ESRT's Executive Vice President, Director of Leasing and Operations.

The long-term transaction follows on the heels of ESRT's major retail lease with Sephora, which recently signed a deal for 11,334 square feet of flagship space in the same building.

Foot Locker operates 3,473 athletic retail stores in 23 countries under the brand names Foot Locker, Kids Foot Locker, Footaction, Lady Foot Locker, SIX:02, Runners Point, Sidestep and Champs Sports.