Gap Factory coming to New Hyde Park center

Listen to this article

A new Gap Factory store is coming to a New Hyde Park retail center. 

The apparel chain leased a 7,750-square-foot space in the Lake Success Shopping Center at 1526 Union Turnpike. The space was formerly occupied by Pier 1. 

This will be the seventh Gap Factory store on Long Island, following others in Garden City, Plainview, Oceanside, Deer Park, Bellport and Riverhead. The New Hyde Park location is expected to open by the end of November. 

Since its ownership gave the property’s leasing assignment to RIPCO Real Estate a few years ago, the 414,000-square-foot Lake Success Shopping Center has seen a slew of new national tenants. A new Target store opened this spring in the 108,000-square-foot space formerly occupied by Sears and The Paper Store opened in the 11,000-square-foot space that had been occupied by Modell’s Sporting Goods. Other new tenants that signed leases this year include Foot Locker, Northwell GoHealth and Claire’s. 

“Through hard work, determination and industry insight, RIPCO Real Estate continues to bring some of the country’s leading national retailers to the Lake Success Shopping Center,” said RIPCO broker Brian Schuster. “In the last few months alone, the long-awaited opening of Target, as well as the signing of other major tenants and now Gap Factory, demonstrates our proven track record of success in revitalizing a perfectly positioned shopping center.”  

The Gap Factory and the other new tenants join the New Hyde Park property’s growing tenant roster that includes Iavarone Market, Macy’s Backstage, Shake Shack, Sephora, Victoria’s Secret, Burlington, and more. 

Michael Friedman, president of Inline Realty, represented Gap Factory, while RIPCO’s Schuster represented the landlord, Lake Success Shopping Center LLC, in the latest lease transaction. 

Gap Factory is a subsidiary of publicly traded Gap Inc., which also owns the brands Banana Republic, Old Navy and Athleta. Headquartered in San Francisco, Gap Inc., which had more than 3,300 stores worldwide at the end of 2022, reported 2023 revenue of $14.88 billion.