Del Frisco's extends lease, Anthropologie returns to Soho, and The Refinery in Williamsburg signs leases, reflecting a positive trend along Sixth Avenue. (Lorenzo Ciniglio/Freelance)
In the heart of Sixth Avenue, amidst the challenges faced by some Midtown restaurants, Del Frisco's Double Eagle Steakhouse stands as a symbol of confidence. Occupying a sizable three-level, 25,000 square-foot space at 1221 Sixth Ave., the steakhouse recently extended its lease with Rockefeller Group, its long-time landlord, committing to an additional two decades. The surrounding landscape tells a tale of prosperity, with the 2.6 million square-feet office tower above the steakhouse boasting an impressive 99 percent occupancy rate. This trend echoes throughout the entire Sixth Avenue corridor, stretching from West 40th Street to Central Park South.
Details of the lease renewal remain undisclosed, and the negotiations were facilitated by JLL's Patrick Smith, Corey Zolcinski, and Matthew Schuss on behalf of Del Frisco's. Representing Rockefeller Group were CBRE's Eric Gelber and Jordan Kaplan, assisted by an in-house team comprising Bill Edwards, Marisa Gadlin, and Gisele de Chabert.
Meanwhile, the lively Soho district is set to welcome back Anthropologie after an eight-year hiatus. The renowned retailer specializing in sportswear, jewelry, and home furnishings has secured a lease for a spacious 7,000 square-foot flagship store at 420 West Broadway, scheduled to open its doors in the spring. Anthropologie had previously occupied 375 West Broadway until 2016 when the space was taken over by Gucci. The property's current landlord, Centaur Properties, was represented by Sinvin principal Christopher Owles, alongside Sarah Shannon. On the tenant's side, McDevitt Company's Tim Duffy played a key role.
Christopher Owles expressed satisfaction in facilitating Anthropologie's return to Soho, highlighting the challenges posed by limited opportunities for the large footprint the retailer required. The terms of the lease remain undisclosed, while retail asking rents in the vicinity hover around the $200 per square foot mark.
Over at the Williamsburg waterfront, The Refinery, situated within the transformed Domino sugar plant, is off to a promising start. Developer Two Trees has successfully inked three leases, totaling 15,000 square feet, for prebuilt units within the innovative glass-wrapped office building set against the backdrop of the 19th Century brick facade. Among the initial tenants is digital startup firm Whop, marking the beginning of a potentially thriving community within this revitalized industrial space.
