The Steve Madden Warehouse at Ludlow and Rivington is Kaput
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The Steve Madden Warehouse at the northeast corner of Ludlow and Rivington is officially kaput. Those months of deep discounts ended this weekend. Store workers were busy packing up the remaining inventory of footwear after business hours on Sunday evening.
This particular Steve Madden outpost spent six years in the heart of Hell Square, but is suject to the same monster it helped create. Nobody can afford to put roots in this area anymore … unless you’re Soho House. Indeed, we were previously told by a store employee that the landlord decided against renewing the lease.
So, another vacancy. Some neighbors are a bit worried that this corner will give in to nightlife, and further complicate this already over-saturated block.