Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location
- Sep 01, 2010
September 1, 2010
By Allison Landa, News Editor
High-end discount department store Century 21 is taking over a high-profile space in Lower Manhattan. It will be replacing Barnes & Noble, which will close its location at 1972 Broadway in January 2011.
Century 21 plans to take possession of the space, which is across from Lincoln Center, in February 2011. This will be its second Manhattan location and its seventh metropolitan area location. The space is owned by Millennium Partners and was developed in the early 1990s.
Millennium Partners partner Mario Palumbo said that he believes Century 21 will drive a large volume of shoppers to the area. Moreover, he said other tenants will benefit from the retail traffic.
Millennium was represented by Gene Spiegelman of Cushman & Wakefield. It was the only real estate broker involved in the deal.
Century 21 has additional stores in Brooklyn, Queens, Long Island and New Jersey.