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TOP SPOT FOR CROCS

LOIS WEISS
Friday, August 03, 2012 -  Crocs has leased a fourth city location with 13,600 sf at 152 West 34th Street which has 40 feet of frontage. Steven Greenberg, of The Greenberg Group, Inc. represented the tenant in the transaction. Mark Stempel, President of CityVest Realty Corp. represented the building owner, Dennis Riese, President of the Riese Organization. Since its inception in 2002, Crocs has sold more than 200 million pairs of shoes in more than 90 countries around the world. The brand celebrated reaching $1 billion in annual sales in 2011. “The space currently home to a Tad’s Steaks, Tim Hortons Café & Bake Shop and a Pizza Hut is a three-story building in a hi-trafficked shopping district, directly across the street from Macy’s Department Store and Penn Station. This location has terrific visibility, a perfect formula for retail success,” says Riese. Crocs is taking possession of the space in spring 2013 with an expected opening in summer 2013. Crocs currently have stores in three other locations in Manhattan at 270 Columbus Avenue, 143 Spring Street and 89 South Street.
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