NEW YORK, July 18, 2022 /PRNewswire/ — The Howard Hughes Company® introduced right this moment that iconic dressmaker Alexander Wang has chosen the Seaport in New York for its new world headquarters and showroom, signing a 15-year lease for roughly 46,000 sq. ft of inventive workplace house within the Fulton Market Constructing in Decrease Manhattan. The style firm will take over your complete high ground, together with a 5,000-square-foot patio of the historic constructing that overlooks the cobblestone streets of the Seaport and presents views of the Brooklyn Bridge and the East River.
“We’re excited that Alexander Wang will open his new workplace and showroom within the seaport,” mentioned saul scher, President of the New York Tri-State Area, The Howard Hughes Company. “In 2018, Alexander Wang offered a present on the Seaport that reworked the rooftop of Pier 17 right into a panoramic stage of New York. Immediately’s announcement exemplifies the numerous revitalization of the Seaport neighborhood that has helped rework Decrease Manhattan into one of many metropolis’s most sought-after locations.”
Alexander Wang launched his eponymous model in 2005, shortly changing into one of the crucial influential designers within the trend trade. Identified for his elevated road type, Wang’s aesthetic stays genuine throughout his varied strains and has impressed a whole technology to embrace his sportswear-inspired seems.
Alexander Wang joins the rising listing of notable manufacturers which have made Seaport their residence, together with ESPN, whose New York Seaport studios air greater than 200 hours of programming every week, and Nike, whose inventive studio opened in 2019. connection to space impartial retailers, eating places, artwork galleries and leisure, together with entry to Decrease Manhattan’s waterfront and distinctive views, have established the district as a extremely wanted location for companies seeking to be part of the dynamic downtown neighborhood.
“Alexander Wang’s collection of Seaport for his new workplace and showroom in New York Metropolis displays the rising demand we’re seeing throughout the nation for business areas which can be surrounded by robust experiential choices and embedded in communities. most dynamic in our nation,” mentioned David R. O’ReillyCEO of the Howard Hughes Company.
The lease brings the Fulton Market Constructing to 100% lease and the Seaport as a neighborhood to 68% lease, with a mixture of versatile business house remaining, together with 88,000 sq. ft of workplace house remaining on Pier 17.
Alexander Wang was represented within the transaction by be black by BLACKre. The Howard Hughes Company was represented by Maria Ana Tighe, gerry myovski, Brett Shannon, Zack Worth Y marsha dudelzak from CBRE.
Building will start later this 12 months, with an anticipated move-in date of 2023.
Concerning the seaport
The seaport is from ny metropolis unique maritime heart positioned alongside the East River in Decrease Manhattan. Immediately, the historic neighborhood serves as a vibrant residence for residents and a worldwide vacation spot for visiting vacationers, providing greater than 450,000 sq. ft of leisure, neighborhood, eating and cultural experiences, together with its iconic waterfront views of the Brooklyn Bridge and the town. horizon. Dwelling to impartial retailers like Books McNally Jackson, manhattan first iPic Theaters and the historic South Avenue Seaport Museum, Seaport, with the assist of founding companions Chase, Lincoln, Heineken and Pepsi, celebrates its native cultural cloth and neighborhood connectivity by programming that features Seaport Match, Seaport Sounds, Seaport Cinema, in addition to Seaport Youngsters and Seaport Arts.
The Seaport additionally has Pier 17, from ny metropolis Main vacation spot for eating and leisure, together with The Rooftop at Pier 17®, an award-winning out of doors efficiency venue, and the year-round rooftop restaurant The Greens providing sweeping views of the Decrease Manhattan skyline. The bottom ground of Pier 17 options eating places from acclaimed cooks, together with Jean-Georges Vongerichten, David Chang, Helen HendersonY Andres Carmelini. Pier 17 can also be residence to ESPN’s reside broadcast studios and Nike’s inventive workplace house. Opening this summer time is the Tin Constructing reconstructed as a 53,000-square-foot market curated by Jean-Georges. Go to www.TheSeaport.nyc for the most recent information.
Concerning the Howard Hughes Company®
Howard Hughes Company owns, manages, and develops business, residential, and mixed-use actual property all through the U.S. Its award-winning property embrace the nation’s preeminent portfolio of master-planned communities, in addition to working properties and growth alternatives together with: the port maritime in New York; the middle of Colombia®, Maryland; the forests®The Woodland Hills®and Bridgeland® within the Larger Houston, Texas space; Summerline®, Las Vegas; neighborhood city® in Honolulu, Hawaii; Y douglas ranch in Phoenix. The Howard Hughes Company portfolio is strategically positioned to fulfill and speed up growth based mostly on market demand, leading to one of many strongest actual property platforms within the nation. Devoted to creating revolutionary areas, the corporate is acknowledged for its ongoing dedication to excellence in design and the cultural lifetime of its communities. Howard Hughes Company is listed on the New York Inventory Change as HHC. For extra info, go to www.howardhughes.com.
alexander wang
The Alexander Wang model sensibility is a mirrored image of contrasts, seamlessly mixing the refined and the imperfect. Her collections have a useful perspective on trend and at all times mirror a way of calm. He’s recognized for his irreverent strategy and for perpetually evolving and recontextualizing the city uniform. Born and raised in San francisco CaliforniaWang moved to New York and launched its namesake label in 2005. The model at present owns and operates 13 shops in New York, London and mainland China, in addition to alexanderwang.com, plus 26 accomplice shops world wide. Alexander Wang collections are additionally accessible by luxurious retailers world wide. For extra info, go to www.alexanderwang.com or observe us @alexanderwangny.
secure harbor assertion
Statements made on this press launch that aren’t historic information, together with statements accompanied by phrases similar to “will”, “imagine”, “count on”, “allow”, “carry out”, “plan”, “intend”, ” assume”, “”rework” and different phrases of comparable expression, are forward-looking statements inside the which means of the Personal Securities Litigation Reform Act of 1995. These statements are based mostly on administration’s expectations, estimates, assumptions and projections. as of the date of this launch and will not be ensures of future efficiency. Precise outcomes could differ materially from these expressed or implied by these statements. Components that might trigger precise outcomes to vary materially are set forth as danger elements in The Howard Hughes Company’s filings with the Securities and Change Fee, together with its quarterly and annual reviews.Howard Hughes Company cautions you to not place undue reliance on me nte within the forward-looking statements contained on this launch. Howard Hughes Company undertakes no obligation to publicly replace or revise any forward-looking assertion to mirror future occasions, info or circumstances arising after the date of this launch.
Media contacts:
Wagstaff Media and Advertising and marketing
Lindsay McCabe973-214-1873
model communications
[email protected]
Howard Hughes Company
cristina carlson646-822-6910
Senior Vice President, Head of Company Communications
[email protected]
For HHC Investor Relations
eric holcomb281-475-2144
Senior Vice President, Investor Relations
[email protected]
Carlos Olea281-475-2143
CFO
[email protected]
SOURCE The Howard Hughes Company
