From the monthly archives: "January 2012"

Winick Realty Group LLC Represents Prime Retail Opportunity in Westchester County

Winick Realty Group LLC last week announced the company has been named the exclusive brokerage representing the retail at 42 West Broad Street, between Fleetwood and Gramatan Avenues in the City of Mount Vernon.

Situated near the highly-trafficked Cross County Parkway, the 12,850-square-foot retail location features 53 feet of frontage, giving the storefront tremendous visibility. Winick Realty Group LLC President Steven E. Baker and Managing Director Hal Shapiro are marketing the space to retailers who can draw from the nearby popular Cross County Shopping Center foot traffic, and complement neighboring tenants such as Associated Supermarket, CVS, Bank of America and Citibank. The store is adjacent to both municipal and street parking, making it highly accessible and conducive to the needs of the community.

Baker and Shapiro are marketing the property on behalf of The Brodsky Organization.

Established in 1982, Winick Realty Group LLC is one of New York’s prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty Group LLC has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. The firm is highly recognized as a forerunner in the retail real estate market.

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westchester guardian-013012-Winick Realty Group LLC Represents Prime Retail Opportunity in Westchester County

Winick Realty Group LLC Represents Prime Retail Opportunity in Westchester County

Hal Shapiro is a broker at Winick Realty GroupWinick Realty Group LLC has been named the exclusive brokerage representing the retail at 42 West Broad Street, between Fleetwood and Gramatan Avenues in the Mount Vernon community of Westchester County.

Situated near Cross County Parkway, the 12,850-sq.-ft. retail location features 53 feet of frontage, giving the storefront high visibility. Winick Realty Group LLC president Steven E. Baker and managing director Hal Shapiro are marketing the space to retailers who can draw from the nearby popular Cross County Shopping Center foot traffic, and complement neighboring tenants such as Associated Supermarket, CVS, Bank of America and Citibank. The store is adjacent to both municipal and street parking.

Baker and Shapiro are marketing the property on behalf of The Brodsky Organization.

For more, download the full article in PDF

national real estate investor 01-2012

Winick to Market Westchester Retail Space 

The Brodsky Org. appointed Winick Realty Group LLC as the exclusive leasing broker for 42 West Broad St. in Westchester County, N.Y. The property features 12,850 sq. ft. of retail space. Steven E. Baker and Hal Shapiro will handle this assignment on behalf of Winick Realty.

For more, download the full article in PDF

Retail Traffic_012712_Winick to Market Westchester Retail Space

Real Estate Weekly

Kids Retailer Leases 30,000 s/f Store

Youngworld, the children’s retailer with 16 stores in six states, leased 30,000 s/f for a new three-story location at 37-30 Junction Boulevard, between 37th Avenue and Roosevelt Avenue in the Corona section of Queens.

The retailer has been a part of the community for more than 30 years, previously operating a 20,000 s/f location at nearby 37-80 Junction Boulevard.

“They wanted to be in a more state-of-the-art property that was more spacious,” explained Winick Realty Group LLC senior managing director Zach Mishaan, who represented Youngworld and landlord Jenel Management in the 15-year lease transaction.

Built after the address had been ravaged by fire, the new, all-glass construction at 37-30 Junction Boulevard features 18-foot ceilings and three floors measuring 10,000 s/f apiece, giving Youngworld a new, contemporary home without abandoning the clientele they’ve served for so many years.

The 20,000 s/f vacated by Youngworld at 37-80 Junction Boulevard has subsequently been leased to iconic  New York City drugstore chain Duane Reade, which was drawn to the space for its proximity to the subway, explained Mishaan, who represented the retailer and landlord Crown Acquisitions in the deal. Duane Reade is currently renovating the space and plans to open later this year.

“We had to get creative,” Mishaan said of the two deals. “Duane Reade needed to be closer to the subway and Youngworld needed more space. It was a perfect fit.”

For more, download the full article in PDF

rew_012612_kids retailer leases 30,000 sf store

New York Observer

Lease Beat


YOUNGWORLD

30,000 Square Feet

A children’s clothing company, already accustomed to the hustle and bustle of Corona’s thriving retail corridor in Queens, is moving to a larger retail space located at a building that recently rose from the ashes…literally.

Youngworld, a retailer that reportedly has 16 stores located throughout six states, including Maryland and New Jersey, will be moving into a three-story location at 37-30 Junction Boulevard.

Each floor will give the retailer 10,000 square feet of space for a total of 30,000 square feet.

Zach Mishaan, senior managing director of Winick Realty Group LLC, represented both Youngworld and Jenel Management, the building’s landlord.

Youngworld had previously operated out of a 20,000-square-foot space at 37-80 Junction Boulevard. Duane Reade will be moving into Youngworld’s old space, according to City Biz Real Estate, a website that covers commercial real estate.

Mr. Mishaan also worked on that deal, representing Duane Reade and Crown Acquisitions, the landlord of 37-80 Junction Boulevard.

Duane Reade is reportedly planning on renovating the space prior to its move.

Youngworld’s new home was once the site of a five-alarm fire in 2007, which destroyed a Duane Reade pharmacy that was occupying the store at the time.

In the early morning hours of August, the fire broke out at the Duane Reade and quickly spread to neighboring storefronts and residential buildings, according to a 2007 article in the Queens Courier.

One hundred fifty firefighters responded to the scene to battle the blaze, with only a dozen of them suffering minor injuries. No civilians were harmed in the fire, and there were no reported fatalities.

A new, all-glass building was built in its stead, offering 18-foot ceilings and three floors of retail, all of which belong to Youngworld.

For more, download the full article in PDF

NY Observer-012412-lease beat–youngworld

Winick Realty Group inks two leases in Corona, Queens

Zach Mishaan is a broker at Winick Realty GroupWinick Realty Group said that children’s retailer Youngworld leased 30,000 sq. ft. for a new three-story location in the Corona section of Queens, N.Y.

The retailer has been a part of the community for more than 30 years, previously operating a 20,000-sq.-ft. location nearby. Built after the address had been ravaged by fire, the new, all-glass construction features 18-ft. ceilings and three floors of retail measuring 10,000 sq. ft. apiece.

Youngworld’s former 20,000-sq.-ft. space has subsequently been leased to drugstore chain Duane Reade, who is currently renovating the space and plans to open later this year.

For more, download the full article in PDF

CHAIN STORE AGE 01-24-12