Target to open a third Manhattan location

The mainstreaming of Manhattan’s once seedy Alphabet City continues apace with the promised arrival of Target on 14th Street and Avenue A.



RKF announced it has concluded a deal for Target to lease 27,000 sq. ft. in one of two seven-story buildings being constructed by Extell Development Company at this location. The mass retailer will occupy 17,700 sq. ft. in the lower level and 9,649 sq. ft. on the ground floor.



“Target will be transformative for 500 East 14th Street. Retailers are coming to the neighborhood because of its growing residential population,” said RKF VP Brandon Eisenman, who represented Extell in the transaction. Target was represented by Ripco Real Estate Corp.



Target will be installing one of flexible-format stores designed to meet the needs of city dwellers. An opening date in 2018 is envisioned.

---

Connect with me on LinkedIn | Follow me on Twitter