Dov Charney’s Los Angeles Apparel will launch its first New York store at KPG Funds’ 480 Broadway between Broome and Grand streets.
The 24,687 square-foot space, formerly home to TopShop, stands in the heart of Soho’s burgeoning retail scene.
All of Los Angeles Apparel’s “ethically driven” products are manufactured in a south-central LA factory.
KPG co-founder and CEO Greg Kraut said, “This lease reflects everything we believe in – supporting mission-driven brands that contribute to the cultural and economic fabric of our cities.”
It’s also “a vote of confidence in the city’s retail market,” Kraut said.
The repositioned 480 Broadway has nearly 100,000 square feet of boutique office and retail space.
Charney also founded American Apparel with which he’s no longer associated.
The owners of 1251 Sixth Ave. at West 49th Street, Mitsui Fudosan America, and managing agent Hines still have a huge retail hole to fill following the departure of a 15,000 square-foot Chase branch last year.
But they’ll also likely have a hit on their hands when jumbo Japanese restaurant Double Knot opens in the tower’s ground floor later this year.
The meal we had at Double Knot’s new venue in Miami’s Wynwood district last week was sensational in every category, with dishes both familiar and new to us.
Double Knot was launched in Philadelphia by chef Michael Schulson.
Its New York debut will add to Midtown Sixth Avenue’s rising stature as a culinary mecca for office tower- and hotel-based eateries including STK Steak, Del Frisco’s, Avra, Jams, Oceana, Restaurant 53, and soon to Eataly Café and Carnegie Deli.