The Victoria’s Secret at 2333 Broadway, on the corner of 85th Street, has permanently closed. A customer service representative confirmed with us that the store’s last day was Saturday.
(Google Maps)
A listing for the retail space can be found on Meridian Capital’s website. The asking price is $250 per foot (per year), and the space’s ground and lower floors total 7,500 square feet, which means the asking rent is $1,875,000 per year or $156,250 per month.
With both Aldo and Origins having closed as well, Baked by Melissa is now the only retail presence on the west side of Broadway between 84th and 85th Streets.
(Google Maps)
The space formerly occupied by Origins, at 2327 Broadway, is on the market with CBRE. The space at 2321 Broadway, last occupied by Aldo, appears to be off market.
The closing of Victoria’s Secret coincides with the news of another chain store, DSW, saying its last goodbyes to the Upper West Side.
$156,000/month? That’s a lot of lingerie.
Yes, That certainly is a lot of money for lingerie. I wonder if people have forgotten that “ Victoria’s Secret” is just one of the business that were owned by the mysterious Leslie Wexner. Mr. Wexner is the billionaire from Ohio, that started his fortune by owning “The Limited.” It’s the same Leslie Wexner that financed the late Jeffrey Epstein. It was Mr. Wexner’s large townhouse that he gave to Mr. Epstein to remodel and use on east 71st Street right off of Fifth Avenue and across the street from the Frick Museum. That building still has the letters “JE” by the door. I wonder why you don’t hear one bit of news having to do with him? Yes, his businesses are costing us jobs, but I wonder what the actual number of young ladies that were used and abused by Mr. Epstein and by proxy Mr. Wexner? What has happened to this country when a direct connection like that goes without any news reporting?
Ask the Clintons !!!
Huh?! That is a truly bizarre, and failed, attempt to score political points.
The intials JE have been taken down now that the townhiuse has sold for $100 trillion
It is relatively common knowledge that this location never saw a dime in profit; it was opened simply to have a presence on the UWS. It was a “loss leader,” supported almost entirely by sales at other, more lucrative locations. Given this, its closing seems to suggest that VS on the whole is not doing well.
Hooray! (Except for the loss of jobs, although there are plenty of retail jobs around.)
This store has always been a blight.
I think it’s worth pointing out that, shortly after they opened, there were a lot of complaints about the mannequins and the sheer lingerie vis-a-vis the large number of young children on the UWS. To VS’s credit, they listened to the community and removed all of them, replacing them with cardboard signage. Yes, children could still see sheer lingerie on the posters, but the effect was completely different, and VS got lots of props from USWers for listening and making the change.
Victoria’s Secret closed 53 stores this year. It’s been in the news. It’s not always about “us.”
Over $500 per day in rent
what exactly can be sold in this location to justify $5000 per day in rent.
it must be big time valuable and in high demand