Despite initial fears of a decline following the bankruptcy of Bed Bath & Beyond, 620 Sixth Avenue has experienced a complete retail revival, with Ulta Beauty securing the last remaining space.
The retail picture at 620 Sixth Ave. looked bleak after Bed Bath & Beyond went bankrupt in 2021, leaving behind 100,000 square feet. Some even predicted doom for the entire shopping corridor north of West 14th Street. But not so fast. The 700,000 square-foot cast-iron giant between West 18th and West 19th streets is now 100% filled. Ulta Beauty just snatched up the last remaining storefront at 620 Sixth for 11,503 square feet on the ground floor.
The property, which has seen more than 490,000 square feet of leases in the past 12 months, is a sign of resilience in the Midtown Manhattan retail market
RETAIL NEW YORK CITY LEASES VACANCY MIDTOWN
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