Former Times Square Modell’s Attracts New Tenant

Florida-based national candy chain IT’SUGAR has leased the 20,355-square-foot space at 234 West 42nd Street that formerly served as the home of sportswear and athletic equipment retailer Modell’s Sporting Goods. While the deal was described as a “pop-up,” the 3-year lease includes options to extend. Asking rents on the ground and lower level were $300 per square foot and $150 per square foot respectively. According to marketing material posted on online real estate platform Costar, the space included approximately 4,900 square feet on the ground level with 45’ of frontage and 28’ ceiling height, plus 15,150 square feet of lower-level space with a ceiling height of 14’-6”.