Rosenberg, Breslin, Yip and Kim of Colliers arrange 15,000 s/f lease renewal for MoMA Design Store

New York, NY Colliers International has arranged a 15,000 s/f retail lease at 81 Spring St., with the Museum of Modern Art Design Store renewing its space in Soho for another 15 years. MoMA - the landmarked property’s sole retail tenant since it was converted to a residential condominium in 2001 - will continue to occupy its space on the ground floor, selling basement, and sub-basement. “The MoMA Design Store has been a wonderful tenant at 81 Spring St., adding to the culture and vibrancy of the neighborhood,” said Marvin Rosenberg, a senior managing director with Colliers International, who, with colleagues Pat Breslin, Ken Yip, and April Kim arranged the lease on behalf of the landlord, a private owner.  “MoMA’s impeccable credit standing was a key factor driving the landlord’s decision to renew MoMA’s lease.” Simon Dallimore, of Dallimore & Co., represented the MoMA Design Store in the SoHo renewal.