Toronto-based parka maker Canada Goose will take Patagonia’s old space at Jeff Sutton’s 101 Wooster Street in Soho.
The retailer signed a lease for a 4,400-square-foot space at the early 1900s-era property, where asking rent was about $550 per square foot, the New York Post reported.
RKF’s Robert Cohen negotiated on behalf of Canada Goose.
The space has been occupied since 1995 by another outdoor clothing company, Ventura, Calif.-based Patagonia, which is moving to 72 Greene Street.
Sutton’s Wharton Properties bought the seven-story, 24,000-square-foot property – located between Spring and Prince streets – in 2015. In addition to the retail space, the building also has nine condominium units.
Canada Goose, founded in the 1950s, makes heavy-duty, goose down winter coats with fur-trimmed hoods. In 2013, the private equity firm Bain Capital took a majority stake in the company. [NYP] – Ariel Stulberg
Source: Canada Goose migrates to Jeff Sutton’s 101 Wooster Street