NEW YORK, July 18, 2022 /PRNewswire/ — The Howard Hughes Corporation® declared today that iconic trend designer Alexander Wang has picked the Seaport in New York City for its new world headquarters and showroom, signing a 15-12 months lease for close to 46,000 sq. feet of creative workplace place at the Fulton Sector Developing in Decreased Manhattan. The style organization will choose more than the entire prime floor, together with a 5,000-sq.-foot patio of the historic creating overlooking the Seaport’s cobblestone streets and providing views of the Brooklyn Bridge and East River.
“We are psyched to have Alexander Wang open his new business and showroom at the Seaport,” mentioned Saul Scherl, President of the New York Tri-State Area, The Howard Hughes Company. “In 2018, Alexander Wang introduced a runway demonstrate at the Seaport that transformed the rooftop at Pier 17 into a panoramic stage of New York Metropolis. Today’s announcement exemplifies the sizeable revitalization of the Seaport neighborhood that has helped remodel Reduce Manhattan into a person of the city’s most sought-just after destinations.”
Alexander Wang introduced his eponymous label in 2005, rapidly getting to be one of the most influential designers in the fashion field. Identified for his elevated avenue style, Wang’s aesthetic remains reliable across his various lines, and has inspired an entire technology to embrace his sportswear-inspired appears to be like.
Alexander Wang joins the expanding roster of notable manufacturers which have made the Seaport their property, which includes ESPN, whose New York Seaport studios broadcast far more than 200 hours of programming a week, and Nike, whose inventive studio opened in 2019. The Seaport’s urban walkability and relationship to the area’s independent merchants, dining establishments, art galleries and amusement venues—along with entry to Decreased Manhattan’s waterfront and its one-of-a-sort views—have founded the district as a really sought-right after locale for firms on the lookout to be a element of the dynamic downtown neighborhood.
“Alexander Wang’s selection of the Seaport for its new NYC office and showroom reflects the expanding need we are observing nationwide for business place that is surrounded by potent experiential choices and integrated into our country’s most dynamic communities,” claimed David R. O’Reilly, Chief Executive Officer of The Howard Hughes Corporation.
The lease provides the Fulton Marketplace Building to 100% leased and the Seaport as a neighborhood to 68% leased, with a mixture of flexible professional space remaining, which include 88,000 sq. ft of business place remaining at Pier 17.
Alexander Wang was represented in the transaction by Sean Black from BLACKre. The Howard Hughes Company was represented by Mary Ann Tighe, Gerry Miovski, Brett Shannon, Zac Value and Masha Dudelzak from CBRE.
Development will get started later on this year, with an anticipated shift-in day of 2023.
About The Seaport
The Seaport is New York City’s unique maritime hub situated along the East River in Lessen Manhattan. Right now, the historic neighborhood serves as a vivid residence to inhabitants and a world-wide location for visiting tourists, presenting extra than 450,000 sq. feet of entertainment, community, dining, and cultural ordeals, along with its legendary waterfront sights of the Brooklyn Bridge and the town skyline. Property to impartial stores these types of as McNally Jackson Books, Manhattan’s first iPic Theaters, and the historic South Street Seaport Museum, the Seaport—with help from founding companions Chase, Lincoln, Heineken, and Pepsi—celebrates its neighborhood cultural cloth and local community connectivity by means of programming that features Seaport In shape, Seaport Appears, Seaport Cinema, as very well as Seaport Young ones and Seaport Arts.
The Seaport also characteristics Pier 17, New York City’s major eating & entertainment spot, like The Rooftop at Pier 17®, an award-profitable outdoor performance venue, and the year-round rooftop cafe The Greens offering panoramic sights of the Decreased Manhattan skyline. The floor floor of Pier 17 attributes restaurants from acclaimed cooks including Jean-Georges Vongerichten, David Chang, Helene Henderson, and Andrew Carmellini. Pier 17 is also house to ESPN’s live broadcast studios and Nike’s inventive business room. Opening this summer months is the reconstructed Tin Making as a 53,000-square-foot market curated by Jean-Georges. Visit www.TheSeaport.nyc for the newest.
About The Howard Hughes Company®
The Howard Hughes Company owns, manages, and develops industrial, household, and combined-use true estate all through the U.S. Its award-successful assets involve the country’s preeminent portfolio of grasp planned communities, as nicely as running homes and enhancement chances such as: the Seaport in New York Town Downtown Columbia®, Maryland The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Higher Houston, Texas spot Summerlin®, Las Vegas Ward Village® in Honolulu, Hawaiʻi and Douglas Ranch in Phoenix. The Howard Hughes Corporation’s portfolio is strategically positioned to meet up with and speed up enhancement centered on market demand, ensuing in a person of the strongest actual estate platforms in the nation. Committed to impressive placemaking, the corporation is acknowledged for its ongoing motivation to design and style excellence and to the cultural lifestyle of its communities. The Howard Hughes Corporation is traded on the New York Stock Trade as HHC. For extra information and facts, go to www.howardhughes.com.
The Alexander Wang brand’s sensibility is a reflection on contrasts, blending seamlessly amongst the refined and the imperfect. His collections have an un-valuable outlook on manner and normally mirror a feeling of simplicity. He is renowned for his irreverent strategy and for perpetually evolving and re-contextualizing the urban uniform. Born and elevated in San Francisco, California, Wang moved to New York Metropolis and released his eponymous label in 2005. The brand at the moment owns and operates 13 shops in New York, London, and mainland China as well as alexanderwang.com, in addition to 26 partnered stores globally. The Alexander Wang collections are also readily available as a result of luxury vendors all over the world. For extra information and facts, visit www.alexanderwang.com or abide by us @alexanderwangny.
Risk-free Harbor Statement
Statements built in this press launch that are not historic specifics, like statements accompanied by text this sort of as “will,” “believe that,” “hope,” “allows,” “understand,” “system,” “intend,” “think,” “completely transform” and other text of related expression, are ahead-looking statements within the meaning of the Personal Securities Litigation Reform Act of 1995. These statements are based mostly on management’s anticipations, estimates, assumptions, and projections as of the day of this release and are not guarantees of future general performance. Precise outcomes could differ materially from individuals expressed or implied in these statements. Aspects that could lead to genuine effects to differ materially are established forth as risk aspects in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, which includes its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to put undue reliance on the ahead-seeking statements contained in this launch. The Howard Hughes Company does not undertake any obligation to publicly update or revise any ahead-looking statements to replicate foreseeable future occasions, details or situation that come up after the date of this release.
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Lindsay McCabe, 973-214-1873
The Howard Hughes Company
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
For HHC Trader Relations
Eric Holcomb, 281-475-2144
Senior Vice President, Trader Relations
Carlos Olea, 281-475-2143
Chief Economical Officer
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