Century 21 Signs Lease at City Point

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.

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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