JEMB Realty is forging ahead with its revival of a Midtown shopping corridor, convincing TJ Maxx to sign its first new lease in Manhattan in a decade. The big-box retailer agreed to lease 40,000 square feet at Herald Towers in Herald Square, the New York Post reported. The store will occupy two floors of the property at 50 West 34th Street and is expected to open by the end of the year, representing the retailer’s eighth Manhattan location. The asking rent on the 10-year lease was a blended $4 million, according to the Commercial Observer. In the fourth quarter, the […]

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