Meatpacking District mainstay Stella McCartney will move from 14th to 112 Greene Street, reports WWD.
According to real estate story sources, McCartneys lease — currently estimated at $50 to $100 based on her original 2002 leasing — would have jumped to $300-$400 per square foot based on market rates.
“We just want a different space,” a store employee told WWD, before confirming that the relocation would be complete prior to November 2011, and that on-offer collection would include handbags, jewelry, kids.
thefeast.com