From the monthly archives: "April 2013"

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Chelsea Park complex to pump iron in basement

320 8th avenueA Chelsea apartment building is bulking up. For the good of its tenants’ health and its own bottom line, Chelsea Park, the new residential complex at 260 W. 26th St., between Seventh and Eighth avenues, has inked a lease with Blink Fitness for a new outpost in the building’s basement.

The 15,500-square-foot gym will have an entrance on Eighth Avenue, which will lead downstairs to the fitness center. It is scheduled to open by the end of 2014. The asking rent was $55 per square foot.

The space was originally intended to be a garage for the building, said Winick Realty Group’s Alexander Hill, who represented building owner Chelsea W26. Blink Fitness was represented by Peter Levine of Charter Realty and Development.

Blink Fitness is a growing, Equinox-owned chain of affordable gyms. The Chelsea outpost will be its 14th in the city.

Mr. Hill said he expects the gym to be particularly popular with students in the area at the School of Visual Arts and the Fashion Institute of Technology.

“It’s affordable fitness for the area,” Mr. Hill said. “Students are looking for a $20- or $30-a-month option for working out. It should be a great fit.”

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CRAIN’S_043013_Chelsea Park complex to pump iron in basement

New York Observer

The Sixth Annual Power 100

Jeff Winick

jeff winick power100 2013Mr. Winick built Winick Realty Group into a recognized forerunner in the city’s retail real estate market, with clients that include Duane Reade, AT&T and Starbucks. The firm works with standout real estate companies including The Moinian Group, Tishman Speyer, Chetrit Group, The Kaufman Organization and The Related Companies. With the aid of executive vice president Lori Shabtai, the firm populated the 350,000-square-foot Upper West Side retail development Columbus Square with tenants including Verizon Wireless, Starbucks, Sephora, Whole Foods and T.J. Maxx. Late last year, the firm was selected by Brookfield Office Properties to exclusively market 40,000 square feet of vacant sub-level retail space at One New York Plaza.

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NY Observer-043013-The Power 100–Jeff Winick

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Winick to market former Daffy’s at 3 Columbus Circle

3 columbus circle daffy's renderingSL Green Realty Corp. and The Moinian Group announced they have appointed Winick Realty Group to exclusively market the former Daffy’s location at 3 Columbus Circle, in Manhattan.

The multi-level retail site is situated in the center of the 57th Street corridor, in close proximity to the new Nordstrom location that is set to open in 2018.

Possible configurations for the space include 5,279 sq. ft. on the ground floor and 18,883 sq. ft. in the lower level. The potential addition of second-floor retail will add 14,205 sq. ft. and more than 100 feet of window signage that will face one of Nordstrom’s entrances on Broadway between 57th and 58th Streets.

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CHAIN STORE AGE 04-29-13

Citybizlist

Winick Realty Group Announces Prime Upper West Side Retail Availability

555-WEST-59TH-signage-shot1-600x399Winick Realty Group announced that the company is exclusively marketing the retail at 555 West 59th Street in the heart of one of the most dynamic markets of the West Side. Winick Realty Group President Steven E. Baker, Associate Director Sam Mann and Associate Charles Rapuano are representing the 4,916-square-foot retail store on behalf of management.

“It is our pleasure to spearhead the marketing efforts for this property and ensure that ownership finds the ideal user to serve the sizeable student, professional and residential populations in this up-and-coming area,” said Baker.

Located between West End and Amsterdam Avenues at the base of a new 186-unit luxury condominium, the site is surrounded by traffic-driving sites including the headquarters for John Jay College of Criminal Justice, St. Lukes Roosevelt Hospital, The Metropolitan Opera House, the Time Warner Center and Lincoln Center. With more than 100 feet of fantastic Upper West Side frontage, the site offers an excellent opportunity to reach these potential customers, as well as those from nearby Riverside Center development site, which will include 2,500 apartments in five residential towers, plus a 112,000-square-foot public school and a movie theater.

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citybiz-042913-Winick Realty Group Announces Prime Upper West Side Retail Availability

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Real Estate Deals: Bare Bones

forest hills tower118-35 Queens Blvd.

Asking Rent; Term: Mid-$30s per square foot; 10 years

Square Feet: 4,200

Tenant; Rep: Central Medical Services of Westrock; Noel Caban of Winick Realty Group

Landlord; Rep: Muss Development; in-house representation by Nicholas Forelli

Back Story: The healthcare-services provider moves into its new ninth-floor space at the Forest Hills, Queens tower in May.

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CRAIN’S_042913_Bare Bones

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2013 Top Women in Real Estate

kelly-gedinsky-profile-004Kelly Gedinsky

Director, Winick Realty Group

Kelly Gedinsky joined Winick Realty Group LLC in 2007. Having quickly proven her expertise, Ms. Gedinsky has been assigned to many of the company’s chief leasing projects.

During her time at Winick Realty Group LLC, Ms. Gedinsky has become one of the most successful young female brokers in the industry, leasing over 450,000 square feet of retail and working with some of the city’s most sought-after landlords and tenants. She has recently completed deals with Aaron Basha, Ferragamo, QVC, House of Brews and Taboon Restaurant while representing The Chetrit Group, CB Developers, The Moinian Group and many others. As part of the leasing team for 350,000 square feet of retail at Columbus Square, Ms. Gedinsk assisted in negotiating leases with Sephora, Verizon, Modell’s, Duane Reade, Michael’s Arts and Crafts, TJ Maxx, The Mandell School, Solomon Schechter School, Crumbs Bakery, and Chase Bank, among other separate transactions.

In tending to the unique needs and requirements of each tenant and landlord in her portfolio, Ms. Gedinsky has cultivated a comprehensive understanding of major lease transactions, as well as a unique skill in ground-up construction. In all of her completed transactions over the past five years, not one of the tenants has closed their doors, putting Ms. Gedinsky in a singular class of retail brokers.

Ms. Gedinsky is a member of Real Estate Board of New York (REBNY) and International Council of Shopping Centers (ICSC). Ms. Gedinsky was named one of The Commercial Observer’s “20 to Watch in 2012” and one of the publication’s “30 Under 30.”

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Sokol Media-April 2013- Kelly Gedinsky, 2013 Top Women in Real Estate