Silverstein inks 13,000 s/f lease with Italian fashion brand at 120 Broadway

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Silverstein Properties announced that Golden Goose USA, a high-end fashion brand based in Italy, signed an 11-year, 13,556 square-foot office lease at 120 Broadway in Downtown Manhattan.

Established in 2000 in Venice, Golden Goose is one of the fastest growing luxury fashion brands, widely recognized for its iconic handmade distressed sneakers. The company has operations in Europe, the U.S. and Asia.

Currently operating out of a showroom in Chelsea, the company is slated to occupy a portion of 120 Broadway’s 33rd floor when it moves in early Summer 2021.

The company recently opened a new headquarters in Milan, Italy that included an office designed by Joohee Park (aka Stickymonger), a Korean artist that works closely with Silverstein Properties, and has painted several large murals for the company in Lower Manhattan.

Silverstein Properties and Golden Goose are working with Schrimmer Design Group to design and build the brand’s new office at 120 Broadway. It will feature work from local artists.

“We are thrilled to work with such an iconic brand to design and build a new home in one of Downtown’s most iconic buildings,” said Joseph J.Artusa, Senior Vice President at Silverstein Properties. “We have a long history of working with artists, designers and innovators to infuse our spaces with fun and creativity.”

Golden Goose is the latest fashion company to make Lower Manhattan its home. Since 2014, 19 fashion brands have relocated their offices to Lower Manhattan, taking over 1.5 million square feet of space, according to the Alliance for Downtown New York. Gucci, Brioni, Hugo Boss, Bottega Veneta and Nike are among the neighborhood’s newest tenants.

Often regarded as one of the city’s most noteworthy Beaux Arts-inspired structures, 120 Broadway features vaulted ceilings, gold leaf accents, marble floors and hand-carved architectural detailing throughout. The building recently underwent a $50 million renovation which included a revitalized rooftop amenity space, once home to the legendary Bankers Club, which is the largest outdoor space in an office building Downtown.

Current tenants of 120 Broadway include Mediaocean, Beyer Blinder Belle, Macmillan Publishers, Handel Architects and New York Life.

Silverstein Properties Senior Vice President Joseph J.Artusa led negotiations on behalf of the landlord. Golden Goose USA was represented by Howard Simson, Executive Managing Director, Savills North America.

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