CASE STUDY: Borders Books and Music/ 100 Broadway

Tenant Representation

The Assignment

  • Replace the enormously successful World Trade Center store that was lost during the tragic events of 9/11.
  • Find approximately 25,000 sf in the immediate vicinity of the former World Trade Center site.

The Strategy

  • Analyzed demographics, pedestrian counts, and assessed the ever-changing plans for the area’s redevelopment.
  • Worked with New York’s landmarks and historical preservation committee to allow Borders typical signage in a historically significant district.
  • Used unprecedented vision and creativity to bring a major retailer to both a space and a neighborhood typically reserved for banking and financial institutions.

The Result

  • Secured a first-rate location that continues to get better each year, while still allowing flexibility and expansion opportunities in many of the area’s future developments.
  • Helped Borders maintain their commitment to the vital Lower Manhattan neighborhood.

Testimonials

Click to Enlarge

Testimonial

I have worked with Ginny & Stephen and the entire Madison Retail Group for the last several years. They have done a remarkable job of representing our brands including Juicy Couture, Lucky Brand and Kate Spade and helping us to find great retail opportunities. More importantly, they have stayed with each deal from beginning to end, many times helping to solve difficult issues and finding creative solutions to tough negotiations. They have been great partners for us.
 
Trent Merrill
Senior Vice President
Real Estate and Construction
Liz Claiborne, Inc.

 

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