This year’s most lucrative retail leases look different from the usual Manhattan fare. Generally an apparel or beauty store appears at the top of the list. Or, like last year Here are the 10 most valuable retail leases of the year, according to data from PincusCo .
1. Home Depot | 410 East 61st Street | $9 million
Home Depot has had some year. As homebound Americans rebuilt their decks and home builders laid down foundations en masse, Home Depot and five other big-box chains accounted for 29 percent of all U.S. retail sales in the second quarter. And it’s growing. Home Depot’s massive 120,000-square-foot lease at 410 East 61st Street — formerly home to a Best Bath & Beyond — topped the list. Peter Ripka of RIPCO Real Estate represented Home Depot in the Oct. 1 deal. RIPCO also represented landlord Gazit-Globe Group.
