From the monthly archives: "March 2011"

Citybizlist

Brodsky Taps Winick to Lease Retail Space Next to Google Building

104 Eighth AvenueThe Brodsky Organization has tapped Winick Realty Group’s Steven E. Baker to broker two vacant retail properties.

Along with his associate Sam Mann, Baker is marketing the former Swich Sandwich shop at 104 Eighth Avenue, located between 15th and 16th Streets in Chelsea. With 20 feet of frontage onEighth Avenue, the space has 1,250 square feet of space on the ground floor and a 350-square-foot

basement. The space is particularly remarkable for being across the street from Google’s new three-million-square-foot New York building.

Baker is also working to bring a food tenant to the 2,850-square-foot retail space at 39 West End Avenue, between 61st and 62nd Streets.

For more, download the full article in PDF

citybiz-033111-Brodsky Taps Winick to Lease Retail Space Next to Google Building

Globe Street

MedRite Urgent Care to Open Medical Clinic on Second Avenue

MedRite Urgent Care is opening a new medical clinic at 919 Second Avenue. Samuel Fisch, the owner of MedRite, has signed a lease for 15 years with a five-year lease option.

The property owner has accepted to do a build-out of the leased space. The asking rent for the upstairs was around $200. Lori Shabtai and Tatiana Jung-Voevodina from Winick Realty negotiated the lease deal on behalf of both the tenant and the landlord.

For more, download the full article in PDF

globe street-033111-MedRite Urgent Care to Open Medical Clinic on Second Avenue

Real Estate Weekly

Winick Setting Trends in Hudson Yards

505 West 37th StreetWinick Realty Group LLC has completed leasing the retail space at 505 West 37th Street, the sprawling mixed-use complex between 10th and 11th Avenues on 37th to 38th Streets in the Hudson Yards area.

Winick Realty Group LLC president Steven E. Baker and associate director Josh Singer represented landlord TF Cornerstone in two long-term lease transactions totaling approximately 20,000 s/f.

Ark Restaurants leased 10,350 s/f for an as-yet-unnamed restaurant concept. The eatery will occupy a ground-floor space stretching across 10th Avenue for what Ark describes as an “upscale, modern” dining experience.

The building will also be home to Pillars 37 and Pillars 38, a new private event venue and catering hall from the owners of nearby Loft Eleven. The 9,570 s/f space is on both 37th and 38th Streets and also includes a terrace.

“We are proud to have leased 20,000 s/f of retail at 505 West 37th Street on behalf of TF Cornerstone,” said Baker. “These tenants will help change Hudson Yards into the next cool, hip neighborhood. We aim to continue that trend with the two remaining spaces at 505’s sister building, 455 West 37th Street, or ensure that incoming tenants provide essential services to the community.”

Baker and Singer are still marketing two retail spaces at 455 West 37th Street, including 2,200 s/f on 10th Avenue and 5,905 s/f for another restaurant concept on 37th Street.

Tenants will join Duane Reade and a gourmet market, which have already moved into the complex.

Newmark Knight Frank represented the catering hall, while Ark Restaurants was represented by KGW Associates.

For more, download the full article in PDF

rew_033011_winick setting trends in hudson yards

Restaurant and Events Space for Hudson Yards Development

505 west 37th streetThe 7 train extension may not be finished yet, but new business continues to trickle into the once desolate blocks of the city’s new Hudson Yards District.

An upscale and modern (but still unnamed) eatery by Ark Restaurants will move into 10,350 square feet of space on the ground level, Tenth Avenue side of mixed-use development 505 W. 37th Street, according to the Winick Realty Group.

Private events venue and catering hall Pillars 37 and Pillars 38 has also leased nearly 10,000 square feet of space in the same building, the real estate company said.

Asking rents for both spaces were $40 per square feet.

“It’s a burgeoning neighborhood, much like Chelsea was a few years ago,” said Josh Singer, associate director at Winick. “The future holds a lot of promise.”

Ark’s other NYC establishments include the Bryant Park Grill and Columbus Baker. The owners of Pillars 37 and 38 also operate neighboring Loft Eleven.

Some 1,200 apartments, all rented, rise above these commercial spaces in three towers, Singer said.

Meanwhile, Winick is still looking to fill a few ground floor retail spaces at sister building 455 W. 37th Street, which currently houses a Duane Reade and a gourmet market.

Prospective tenants include pet stores, salons and wine and liquor stores, according to Singer.

For more, download the full article in PDF

DNA Info_033011_Restaurant and Events Space for Hudson Yards Development

New York Observer

Synergy! Medical Clinic Joins Israeli Gym

919 Second AvenueIn case those Krav Maga sessions don’t go as planned, MedRite Urgent Care is opening a medical clinic upstairs at 919 Second Avenue.

“Basically, anybody can walk into the door and get a quick treatment,” Winick Realty’s Tatiana Jung-Voevodina told The Observer. “You can even do the blood tests and get results within five to 10 minutes.”

But finding a space that could accommodate that wasn’t easy. “It took a long time between both parties negotiating,” the broker added. “I was in Europe, so it was a lot of conference calls.”

The landlord agreed to do a build-out of the space, and the asking rent for the 15-year lease with a five-year option was around $200. Now that it’s “up and running, it looks fantastic,” said Ms. Jung-Voevodina. She said the location was also ideal, with its combination of residential and office neighbors, and its proximity to the U.N.

“There are no major hospitals or medical centers in the area, so this is something the community really needed,” said Douglas Kaiden, one of the doctors at MedRite, in a statement.

Ms. Jung-Voevodina and Lori Shabtai represented the owner Samuel Fisch and the landlord.

For more, download the full article in PDF

NY Observer-033011-Synergy! Medical Clinic Joins Israeli Gym

Globe Street

Hair Party 24 Hours Leases Space at 450 Park Ave. South

Korea-based Hair Party 24 Hours is opening its second Manhattan location. The company has signed a lease for 12 years with Moinian Group for 1,300 square feet on the ground floor of 450 Park Ave. South situated between East 30th and East 31st streets.

The deal also includes 1,500 square feet in the basement. Asking rent was $220 per square foot. The new location will be opened this fall. Winick Realty Group represented both the parties in the deal.

For more, download the full article in PDF

globe street-033011-Hair Party 24 Hours Leases Space at 450 Park Ave. South