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H&M Plans Massive Store on 34th Street

NEW YORK CITY-The discount clothing provider will build its largest site yet at Herald Center, a Broadway building undergoing a complete restoration.

By Rayna Katz | Updated on August 28, 2013

NEW YORK CITY-Making clear the strength of retail on the 34th St. corridor, H&M has revealed plans to create its third store in the area and—at 63,000 square feet—its largest property worldwide. Opening in fall 2014, the store will anchor Herald Center, the 10-story black glass tower that is going through an extensive renovation.

H&M was represented in the transaction by Robert Gibson, vice chairman of Cushman & Wakefield. CBRE‘s Susan Kurland, EVP of retail brokerage services, represented owner JEMB Realty on the 25-year lease. Serving as the exclusive leasing agent for the building, Kurland tells GlobeSt.com that the southwest corner location secured by H&M is ideal.

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