• Nike signs one of NYC's most expensive retail leases ever at 650 Fifth

    1 month ago - By The Real Deal New York

    UPDATED,: 5:45 p.m., Nov. 30: In one of the most expensive retail deals ever struck in Manhattan, Nike is taking more than 60,000 square feet at 650 Fifth Avenue. The lease starts at approximately $35 million and is worth a combined $700 million over the term, a source familiar with the transaction told The Real Deal. The Commercial Observer first reported news of the lease earlier Wednesday. SL Green Realty and Jeff Sutton's Wharton Properties own the... [more]
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