Allbirds Opening U.S. Flagship in Flatiron District

Clothing and shoe brand Allbirds signed a long-term lease for its U.S. flagship. The 8,000-square-foot, 2-level store is located at 120-122 Fifth Avenue in Manhattan’s Flatiron district — asking rent was $350 per square foot. The recent deal represents the first new tenant to occupy the space in nearly 30-years; having formerly served as the longtime home of The Gap, until the clothing retailer vacated the space in the summer of 2021.