Burlington Stores Secured New Brooklyn Retail Lease
The retailer has signed a 10-year agreement to occupy over 31,000 square feet at the Admiral’s Row campus.
Updated on Sept. 30, 2026 in Commercial
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Burlington Stores has signed a 31,717-square-foot lease at 25 Navy Street in New York City. The space is located within the 8-acre Admiral’s Row campus developed by Steiner NYC.
Why it matters
This expansion marks the latest real estate move for Burlington following a broader effort to acquire retail footprints, including 45 leases formerly held by Joann. The deal adds a significant anchor to the Brooklyn Navy Yard area.
The 10-year lease covers 11,385 square feet on the ground floor and 20,332 square feet on the second level. This follows a period where Downtown Brooklyn retail rents averaged $190 per square foot.
The players
Burlington Stores
This is a national off-price department store retailer that has been actively expanding its brick-and-mortar footprint.
Steiner NYC
This is the real estate development firm responsible for the Admiral's Row campus project.
Cliff Simon
He is a real estate professional with CNS Real Estate who negotiated the lease agreement on behalf of Burlington.
The details
The new store at 25 Navy Street features a two-story layout within a development that also includes substantial light industrial and office space. Burlington is expected to begin operations at this location in fall 2027.
Timeline
Steiner NYC acquired the Hub residential tower in March 2025.
Burlington took over 45 leases from Joann in May 2025.
Downtown Brooklyn retail rent averaged $190 per square foot in the first half of 2025.
Burlington leased space at 72-22 Broadway in October 2025.
The new Navy Street store is expected to open in fall 2027.
Culture Shift
This deal reflects a wider trend of retailers aggressively securing large-format spaces to anchor mixed-use developments. It follows the benchmark set by the Downtown Brooklyn retail market rent average of $190 per square foot in H1 2025.
Residents in the Brooklyn Navy Yard area can expect new shopping options once the store opens in 2027. The project adds to the ongoing transformation of the Admiral's Row campus into a commercial hub.
The takeaway
Burlington continues to pursue a rapid physical expansion strategy by securing high-profile urban locations. Local shoppers should anticipate a significant new retail anchor to arrive in the Brooklyn Navy Yard by late 2027.
Further reading
For more information on the local market, visit New York City Commercial.
Source note: This article includes information reported by Commercial Observer.
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