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Could Rising Rents Push Prada Out of Soho?

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Photo by Brian Harkin
Photo by Brian Harkin

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Rents are increasing at 575 Broadway, and that could mean big changes for one of Soho's most prominent corners. The space, on Broadway and Prince Street, currently houses Prada, Who. A.U., and Lure Fishbar. If all three refuse to pay the higher price, the building's owners might combine their spaces into a "monstrous" 40,000-square-foot corner shop, according to Lois Weiss at the New York Post. It's hard enough to imagine some other store replacing Prada's Rem Koolhaas-designed space, but here's an even more depressing thought: What if Prada gets forced out, and the owners can't find a new tenant?
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Prada - Soho

575 Broadway, New York, NY 10012 212-334-8888 Visit Website

Prada

575 Broadway New York NY