Pomerantz of PBS Real Estate leads closing of 2,616 s/f

According to the 414 West 14th Street owners, a partnership between The Carlyle Group and SITT Asset Management, the Levi's Store has signed a long-term lease agreement for 2,616 s/f of retail space and will enter the Meatpacking District with a new retail location at 414 West 14th St. The landlord and tenant were represented by Laura Pomerantz, principal of PBS Real Estate and her team. "We are extremely pleased to welcome the Levi's Store to the building, and are confident this will prove to be an ideal location for this iconic American brand," said Mark Schoenfeld, managing director of The Carlyle Group. "With the Standard Hotel and Highline attracting more than 100,000 people to the area in a given week, the Meatpacking District continues to be a focal point for retail tenants' expansion plans," said Schoenfeld. "Our new location in New York's Meatpacking District is exactly the kind of site we are looking for as we expand the Levi's Store retail network across the U.S.," said Joelle Maher, senior vice president, Levi's Americas Retail Commercial Operations. "We have secured a prime location in an area that has become a mecca for savvy, creative and artistic consumers looking for innovative, trend-leading products. The neighborhood is vibrant and growing and has attracted some of the world's top brands and retailers. It's the perfect setting for Levi's - the world's original and leading jeans brand." The Levi's Store is scheduled to open in the fall. Located in the Meatpacking District, with neighboring retail tenants including the Apple store, Hugo Boss, Stella McCartney, and Puma, Diane Von Furstenberg, Scoop, Vince, and Tory Burch. 414 West 14th St. is a modern 60,000 s/f six-floor building, comprised of retail and commercial space. Uniquely housed within the building's historic façade, all floors boast a range of modern and sophisticated amenities and features rarely found in this historic district, making it particularly attractive to creative companies and their clients. Designed specifically for corporate functions and exclusive to 6th floor tenants is an expansive rooftop terrace with exquisite views. From its 6,357 square foot divisible ground floor, optional second floor and lower level, the potential is limitless.