New Retail Space: Popular Men’s Clothier to Open Flagship Store on Iconic Fifth Avenue
Expansion for New Zealand Brand
Men’s clothing retailer Rodd & Gunn is expanding its footprint in New York City with a new flagship store slated to open at 555 Fifth Avenue. The prominent location, a 20-story building at the corner of 46th Street, will see the New Zealand brand occupying 3,378 square feet across two levels.
The new store marks Rodd & Gunn’s fourth location in New York City. The company, known for its high-quality apparel and meticulous craftsmanship, aims to open its doors on December 10, making this their first flagship location in Midtown.
“Rodd & Gunn has long been synonymous with quality and has cultivated a strong following for its exceptionally crafted apparel,” said Kate Hemmerdinger Goodman, co-president of the building’s landlord, ATCO Properties & Management.
The deal for the prime retail space was brokered by Michael Paster of Newmark, who represented both the landlord and tenant.
The former Graybar Building
555 Fifth Avenue boasts an impressive roster of tenants, including Barnes & Noble with a sprawling 34,536-square-foot space, also arranged by Paster, law firm Nicoletti Spinner Ryan Gulino Pinter, which renewed a 12,497-square-foot space earlier this year. Added to the mix are tenants like Telsey Advisory Group and Maritime Capital.
The iconic building doesn’t just offer modern retail and office spaces. In a fascinating glimpse into the building’s past, a 60-foot-long vintage advertisement was uncovered in 2019 during construction work, reading “QUIET! … BIG REAL ESTATE DEAL GOING ON.”
A Blast from the Past
What are some factors that Bob’s enterprises considers when choosing a location for a new store?
**Interviewer:** Joining us today is Kate Hemmerdinger Goodman, co-president of ATCO Properties & Management, the landlord of 555 Fifth Avenue. Kate, welcome.
**Kate Hemmerdinger Goodman:** Thank you for having me.
**Interviewer:** Rodd & Gunn has chosen 555 Fifth Avenue for its first flagship store in Midtown. What message does this send about the desirability of this location?
**Kate Hemmerdinger Goodman:** Well, we are thrilled to welcome Rodd & Gunn to our building. Their choice to establish their flagship store here speaks volumes about the enduring appeal of 555 Fifth Avenue. It’s a testament to the building’s prestigious location, its classic architecture, and the vibrant energy of the surrounding neighborhood.
**Interviewer:** This building has a rich history, including a fascinating vintage advertisement discovered during construction. Do you think that history adds a certain allure for businesses like Rodd & Gunn?
**Kate Hemmerdinger Goodman:** Absolutely. The unique history of 555 Fifth Avenue is a significant part of its charm. It adds a layer of depth and character that resonates with tenants and their customers alike.
**Interviewer:** What does this new addition mean for the Fifth Avenue retail landscape?
**Kate Hemmerdinger Goodman:** Rodd & Gunn is a high-quality brand with a loyal following. Their presence will undoubtedly enhance the Fifth Avenue shopping experience, attracting discerning customers who appreciate craftsmanship and timeless style.
