From the monthly archives: "February 2007"

 

Whole Foods has scored its first Manhattan location above 59th Street. The store signed for 57,000 square feet as anchor retail tenant in 808 Columbus Ave. at 100th Street, the new 30-story apartment tower being developed next to the Park West Village complex by Stellar Management.

Winick Realty CEO Jeffrey Winick and his firm’s Lori Shabtai represented Stellar; Northwest Atlantic Partners’ Chase Welles repped Whole Foods.

Winick said leases are out on 156,000 more square feet of retail. Although there has been some neighborhood griping over the tower’s height, “Whole Foods is going to change the whole area” for the better, Winick predicted.

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NY Post-February 27, 2007-Whole Foods

Retail stalwart, Fox, makes move

Veteran retail broker, Ben Fox, has called it a day at Newmark Knight Frank and announced he has taken on the role of president at Winick Realty Group.

Steve Asch and Gary Ackerman, Fox’ partners in New Spectrum–the retail brokerage they founded and sold to Newmark in 1999–have also left to join Robert K. Futterman & Associates.

“At this stage in the game, I thought it was a perfect time to get involved in other facets of retail leasing and sales and to expand my reach into other parts of the country,” said Fox, who like many of the city’s leading retail brokers, began his career at Garrick Aug Store Leasing, in the mid 70s.

Fox is excited to be getting in early on Winick’s plans to tap into the southern California market in particular. He commented, “Winick represents many developers who have properties in southern California. We plan to utilize our expertise in urban leasing to take advantage of a market that, for the most part, has never seen a New York broker.

“I know the California market well and this will give me an opportunity to really expand my reach.”

For more, download the full article in PDF

REW-February 14, 2007- Retail stalwart, Fox, makes move

A HANDSHAKE DEAL

Luxury menswear purveyor Thomas Pink is signed, sealed and delivered at 63 Wall St., also known as The Crest.

The retailer inked a 10-year pact with Nathan Berman‘s Metro Loft Management for just shy of 4,000 feet, settling into the same block where BMW holds court.

Michael Hofmann of Colliers ABR brought in the tenant to the building, which was represented by Darrell Rubens of Winick Realty Group.

“The space they took was the former headquarters of Brown Brothers,” Rubens said. The asking rent was $200 a foot and they are expected to open over the summer.

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NY Post-February 14, 2007-Thomas Pink

 

As we reported yesterday, three Newmark Knight Frank retail brokers, Benjamin Fox, Gary Alterman and Stephen Asch have left.

Fox will join Winick Realty Group while the other brokers will go to Robert K. Futterman & Associates.

NKF recently promoted three young brokers and is seeking a major acquisition of a firm that specializes in retail. A Newmark spokeswoman said, “We were going in a different direction and we wish them well.”

The three had sold their company New Spectrum to Newmark back in 1999.

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NY Post-February 7, 2007-Fox will join Winick Realty Group

 

EXITS FROM NEWMARK LEAVE BUY OPENING

Three leaders of Newmark Knight Franks’ retail group jumped ship last week, and it has led NKF to begin scouting another company acquisition to beef up its retail ranks.

The departures by Benjamin Fox, Stephen Asch and Gary Ackerman come eight years after the trio sold their retail real estate business, New Spectrum, to Newmark.

“It was an amicable parting of the ways,” says Fox, who joined Winick Realty Group as its President. Fox also will establish a retail investment business and open a Los Angeles office.

Asch and Ackerman joined Robert K. Futterman & Associates, a spokeswoman confirmed.

Futterman began his career with Asch and Ackerman at now-defunct Garrick Aug prior to the launch of New Spectrum and Futterman’s RKF opening.

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NY Post-February 6, 2007-Exits from Newmark leave buy opening