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Business & Tech

Century 21 Signs Lease at City Point

The fashion retailer, born in the borough, will open their first Downtown Brooklyn location.

Discount retail chain Century 21 signed a lease at the City Point development, making it the first new department store on Fulton Street in 50 years.

In January, it was reported that for a 50,000-square-feet space in the building, and that Century 21 was expected to follow suit.

The first Century 21 store opened in 1961 in Bay Ridge, with a large flagship location in lower Manhattan. The City Point location will be the company's eighth store.

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City Point, when completed, will be two residential towers with 680 units, spanning 1.3 million-square-feet. The development will include 675,000 square feet of retail and commercial space. The project is being built in three phases with construction on the second phase to begin this summer.

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