Payless ShoeSource Moving Into 130 Delancey
Don’t count out discount shops just yet. As of today, the divided big-box space at the foot of the Blue condo building is now completely accounted for. And both by budget stores. Relatively unheard of these days in the neighborhood.
We brought word last month that the Children’s Place was relocating its Lower East Side location from 146 Delancey to number 126-128. Now the Observer is reporting that the other half of the retail space (130) will belong to Payless ShoeSource. The company signed a ten-year lease for 3,300 square-feet, with an asking rent of $125 per square-foot. Rival footwear establishment Fabco Shoes, which conveniently sits two doors to the west, can’t be happy by these developments.
With the move, Payless can now sell its “Lower East Side” collection of accessories to actual residents…