Discount department store T.J. Maxx has signed a lease for 40,000 square feet at JEMB Realty’s Herald Towers, where it will open at the end of this year on the ground and lower levels. This is the first Manhattan lease by the big-box store in nearly a decade.
Lois Weiss
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RIPCO's Richard Skulnik and Herald Towers at 50 West 34th Street.
T.J. Maxx’s new Herald Square store on Broadway between West 33rd and West 34th streets will be right next to the upcoming 55,000-square-foot Old Navy store, which signed with JEMB Realty in a relocation from 150 West 34th Street in May. Old Navy’s old spot is being readied for fast-fashion retailer Primark.
“Herald Towers continues to attract best-in-class national retailers seeking scale, visibility and unmatched connectivity,” said Jacob Jerome of JEMB Realty. “We are proud to welcome T.J. Maxx alongside Old Navy, further accelerating the resurgence of Herald Square retail and reinforcing the corridor’s role as one of the most important shopping districts in the country.”