October 25, 2019
National retailer Modell’s Sporting Goods signed a 26,607-square-foot, 11-year lease to relocate its headquarters from 498 Seventh Ave. to 1430 Broadway in the Garment District. The Kaufman Leasing Company’s Arthur Spitalnick represented Modell’s, while NKF’s Ken Kronstadt and Rick Kramer represented landlord GLS Associates LLC.
“Modell’s needed a large, turnkey space from which to easily and fluidly deploy its corporate operations,” said Spitalnick. “This location at 1430 Broadway offers a compatible layout for a business of this scale. The property features a conference center, multiple buyers meeting rooms and direct escalator access from the lobby to the second floor, providing the Modell’s team with ample room and flexibility.”
The third-oldest sporting goods retailer in North America, Modell’s has been headquartered in New York since its 1889 founding. It operates more than 150 stores across the Northeast and Mid-Atlantic.
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