NEW YORK — Stella McCartney, one of the pioneers in second wave of the Meatpacking District’s gentrification — her store at 429 West 14th Street opened in 2002 — is moving to a 2,500-square-foot flagship at 112 Greene Street in SoHo.
McCartney was close on the heels of the Meatpacking District’s original settler, Jeffrey Kalinsky, who unveiled Jeffrey New York on West 14th Street in 1999.
According to sources, McCartney’s lease was ending. It was not likely that the lease would be renewed at its current rate of $50 to $100 per square foot, but rather, the market rate of $300 to $400 a msquare foot.
An employee at the Stella McCartney on Tuesday confirmed the relocation and said the new store will open prior to November. It will sell the ready-to-wear collection, lingerie, shoes, handbags, accessories, jewelry and kids. “We just want a different space,” she said.
The space at 112 Greene Street has a celebrated provenance as the original home of 112 Workshop, a raw space that was open between 1970 and 1980 and offered exhibition space for installations and performances for a new generation of artists. Gordon Matta-Clark was one of the foremost members of 112 Workshop.
“SoHo is in great demand right now from retailers of all levels,” said Joel Isaacs, president of Isaacs and Co. “It has become a huge destination. SoHo is just jammed with people. There’s a big work force in the office buildings.”
“More and more higher end tenants are choosing SoHo because the rents are reasonable on the side streets,” said Jared Epstein, vice president of Aurora Capital Associates, which owns the ground lease to 21-27 Ninth Avenue in the Meatpacking District. “There continue to be national and international tenants scouring the Meatpacking District for the best place to plant their flag, even at a higher rent than SoHo because retail sales volumes in the area are confirming it as the next SoHo.”
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast