Burlington Coat Factory is significantly expanding in the Ladies' Mile shopping corridor by moving into the historic cast-iron building at 620 Sixth Ave, doubling its retail space.
The pandemic had caused major tenant bankruptcies, leaving the 620 Sixth building half-empty in 2021, but recent transactions have reclaimed almost all available space.
RXR managing director Bill Elder noted that nearly all of the office and retail space—500,000 square feet—is now leased, emphasizing the area's recovery post-pandemic.
With the recent lease signed by Burlington, RXR Realty and Hudson Bay Capital showcase a strong comeback for the iconic building after its struggles during the pandemic.
#retail-expansion #burlington-coat-factory #ladies-mile #commercial-real-estate #post-pandemic-recovery
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