Old Navy, the largest brand in the Gap portfolio, has signed a major retail deal near Midtown’s Herald Square. The apparel brand and retailer has signed a 15-year lease for 55,000 square feet across ...

Old Navy, Gap Inc.’s biggest brand, struck a deal for a new 55,000-square-foot flagship store in Herald Square, the top retail lease in New York City so far this year, according to research from ...

Herald Towers, which serve as the home of Old Navy’s new Herald Square flagship in NYC. (Image courtesy JEMB Realty) The store is set to open in 2026 and will span two floors. Old Navy will relocate ...

The retail lease for the Old Navy location is reportedly the largest in New York City so far this year. For 2024, Old Navy sales were up 2% year-over-year to $8.4 billion. Comparable sales were up 3%.