Germany-based Grocer Opening in Chelsea

The planned 7-story, 188-unit affordable housing development at 335 Eighth Avenue that is expected to break ground this month has signed a 15-year lease with Lidl. The recent signing adds the second Manhattan location for the Germany-based grocer, which is currently operating in Harlem at 2187 Frederick Douglass Boulevard. The new store is set to open in 2025 and will spread across 23,000 square feet at the base of the mixed-use development that is replacing an existing retail building. Asking rents for the ground and basement levels were $150 per square foot and $65 per square foot respectively.