Chain Stores Swarming Tribeca

2008: Retail Space Odyssey

Sorry, Best Buy. Big-box domestics behemoth Bed, Bath & Beyond now has dibs on 33,500 square feet of the remaining retail space at Tribeca’s forthcoming 101 Warren Street complex.

Brokerage Robert K. Futterman & Associates described the deal Thursday as a ” testament” to the historic neighborhood’s rebirth as, um, a shopping mall.

“Lower Manhattan and TriBeCa in particular are quickly becoming a seven-day retail market, popular with New Yorkers and tourists alike. Bed Bath & Beyond’s decision to establish a downtown flagship at 101 Warren, further reinforces the area’s retail resurgence,” RFK Managing Director Ariel Schuster stated in a press release.

With Whole Foods Market and Barnes & Noble already taking up another 100,000 square feet of the Owings & Merrill-designed building (aka 270 Greenwich Street), there’s only enough room left for, say, a Gap or two.

“RFK will be marketing the balance of the 4,294 square feet of retail space to upscale fashion retailers and to luxury home furnishing stores,” according to the release.

What, no Starbucks?

– Chris Shott

Chain Stores Swarming Tribeca