Thursday, Sept 26 2024

Levi's eyes Meatpacking site for new store - The Real Deal

By A Mystery Man Writer

Levi's may be moving into space 414 West 14th Street San Francisco-based jeans retailer Levi Strauss & Co. is in talks to lease a portion of the newly-constructed 414 West 14th Street retail and office building in the Meatpacking District near the High Line, several retail sources said. Levi's would take less than half the 6,400 square feet of the ground-floor retail space, with about 25 feet of street frontage for a high-end store, the sources said. A lease at the building would be welcome news for the six-story office and retail building built by developer Sitt Asset Management and private equity firm the Carlyle Group. The site has been vacant since it was completed in February. The opening of the High Line in June has brought more potential shoppers to the neighborhood, but pedestrian traffic remains light during the day, some brokers said. Levi's has four locations in Manhattan, including in Soho at 536 Broadway near Spring Street and near Union Square at 25 West 14th Street between Fifth and Sixth avenues. A spokesperson for Levi's said in an e-mail that the company was looking for space globally, but would not identify individual sites.