COMMERCIAL OBSERVER
BY REBECCA BAIRD-REMBA | APRIL 19, 2019 | 1:49 PM

Foot Locker is moving and expanding its Washington Heights store.

The shoe seller is relocating a few doors down from 7,000 square feet at 621 West 181st Street to a 25,000-square-foot space at 605 West 181st Street, according to landlord Marx Realty. Foot Locker signed a 10-year lease for its new outpost between St. Nicholas and Wadsworth Avenues, where it hopes to build an experiential “power store” concept that has succeeded in London, Hong Kong and Detroit. The new store will offer a barber shop, sneaker cleaning, games, event areas and a space where customers can make their own shoes. Asking rent in the deal was $180 a square foot.

Evan Schuckman from Ripco handled the transaction for Foot Locker, and building owner Marx Realty was represented in-house by Henry Henderson. Schuckman didn’t immediately return a request for comment.

“We are thrilled to collaborate with one of the most recognizable athletic footwear and apparel retailers in the world,” Craig Deitelzweig, the president and CEO of Marx Realty, said in prepared remarks. “Foot Locker’s new store will enjoy a larger footprint in one of Manhattan’s most vibrant up-and-coming neighborhoods and will be a slam-dunk for the company’s new concept, which has been successfully implemented around the world.”