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Crocs take a bite out of 34th Street

Dennis Riese, President of the Riese Organization, announces the recent lease transaction with Crocs, world leader in innovative casual footwear for men, women and children, at 152 West 34th Street. Serving as Crocs fourth location in New York City, the 13,600 s/f space includes 40 feet
of frontage.

 

Celebrating its 10th anniversary in 2012, Crocs offers several distinct shoe collections with more than 300 four-season footwear styles. Since its inception in 2002, Crocs has sold more than 200 million pairs of shoes in more than 90 countries around the world. The brand celebrated
reaching $1 billion in annual sales in 2011.

 

“The space currently home to a Tad’s Steaks, Tim Hortons Café & Bake Shop and a Pizza Hut is a three-story building in a hi-trafficked shopping district, directly across the street from Macy’s Department Store and Penn Station. This location has terrific visibility, a perfect formula for retail success,” says Riese.

 

Crocs is taking possession of the space in spring 2013 with an expected opening in summer 2013. Crocs currently have stores in three other locations in Manhattan at 270 Columbus Avenue, 143 Spring Street and 89 South Street.

 

Mark Stempel, President of CityVest Realty Corp. represented the landlord and Steven Greenberg, of The Greenberg Group, Inc. represented the tenant in the transaction.

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For more information on the properties and other availabilities, contact Mark Stempel, President, CityVest Realty Corp at (212) 560-1633 or Mstempel@Cityvestrealty.com.

About CityVest Realty Corporation

CityVest is a real-estate brokerage, which brings to the table decades of experience in the retail and mixed use market in Manhattan and the Boroughs of New York. CityVest handles some of the most important and high-traffic retail in Manhattan with exclusives in the busiest pedestrian areas of the city. CityVest is a member of the Real Estate Board of New York.

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