From the monthly archives: "May 2013"

New York Observer

Check Out Restaurant Space Hitting the Market Near Flatiron District

28-West-20th-Street-rmWhen Winick Realty quietly began marketing a pair of high-end retail spaces at 28 West 20th Street eight months ago, potential suitors lined up quickly with hefty offers.

The properties, which can be combined for a total of 12,000 square feet, once housed a nightclub and are packed with lounge and amenity spaces. It’s been used as the backdrop for several big-screen productions, but while the sleek interior is fit for a range of high-end uses, with ceiling heights hitting 16 feet, the ownership group is waiting for a tenant who is not only willing to hit the competitive asking rents but carry a reputation that will brand the building and prosper for years.

“We have the luxury of not only looking for the dollar, but we want the experience,”
Winick broker Ross Burack told The Commercial Observer last week, confirming that “big name restaurants” have put in offers, but also that he’s “marketing to fitness use, health club use… really everyone,” as long as they fit the bill.

Mr. Burack sat down with The Commercial Observer for a sneak peak on the lay of the sprawling retail condo.

For more, download the full article in PDF

NY Observer-052813-The Plan

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Elixir inks deal for two Manhattan storefronts

charles-rapuano-profile-001Elixir Juice Bar has leased two more stores in Manhattan, according to Winick Realty Group, which represented the brand in both of its recent New York leases.

Elixir will occupy 70 Greenwich Avenue, located between Seventh Avenue South and Sixth Avenue in the heart of the West Village. Elixir has also leased a location in the Upper East Side. The 500-sq.-ft. store is located at 1371 Third Avenue, between 78th and 79th Streets.

For more, download the full article in PDF

CHAIN STORE AGE 05-30-13

New York Observer

Winick Markets 6,500 Square Feet of Super Prime East Village Retail Space

37 St. Mark’s PlaceWinick Realty Group is exclusively marketing more than 6,500 square feet of retail space at 37 St. Mark’s Place, a prime corner property in the East Village. Melinda Miller and Lee Block are the leasing agents for the address, which they are listing as three separate ground level storefronts and a 3,000-square-foot lower-level with 11-foot ceilings.

“This is a premier corner,” Mr. Block said of the address on the pedestrian-clogged St. Mark’s Place at Second Avenue, the East Village’s retail and dining spine. “It’s unlike any other. You just don’t get this exposure and traffic very often.” The property includes 100 feet of wraparound frontage. As of a couple weeks ago, all four retail spaces in the building are vacant. The site once housed Eastside Bakery.net and a Cohen’s Optical store.

The three ground level spaces are 1,650 square feet, 1,200 square feet and 675 square feet. The brokers said that while four separate tenants would constitute the “most feasible” division, “one big tenant, or maybe two,” are also possibilities. They declined to discuss asking rents.

While the East Village has lost its punk edge and welcomed a growing number of upscale retailers, St. Mark’s Place has sustained a rakish, backpacker-friendly air. Is Winick courting a more mature tenant? “Really our focus is to bring in and talk to tenants who service the community,” Ms. Miller said. “They should really serve a neighborhood that’s been underserved.”

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NY Observer-053013-Winick Markets 6,500 Square Feet of Super Prime East Village Retail Space

Real Estate Weekly

Winick finds Elixir two stores

elixir logoElixir Juice Bar has leased two more stores in Manhattan, according to Winick Realty Group’s Charles Rapuano, who represented the brand in both of its recent New York leases.

The brand will occupy 70 Greenwich Avenue, located between Seventh Avenue South and Sixth Avenue in the heart of the West Village. Rapuano represented Elixir, while ownership was represented by Caleb Peterson of RKF.

When the store opens in mid-May, it will serve Elixir’s cutting-edge organic signature juices and cleanses, along with its superfood smoothie line and great selection of grab-and-go foods.

Though the site is in close proximity to its recent opening 434 Sixth Avenue, “Elixir felt it was a different market because of the travel patterns in the area,” said Rapuano, who is continuing to locate real estate for Elixir throughout Manhattan and the suburbs.

“With the new luxury apartments being developed out of the former hospital across the street, there will definitely be enough consumers to support two locations.”

Elixir has also leased a location in the Upper East Side, a neighborhood Rapuano describes as teeming with gyms, yoga studios, cycling studios and other health-conscious amenities.

The 500 s/f store is located at 1371 Third Avenue, between 78th and 79th Streets. The store was formerly occupied by a soft-serve ice cream store and Elixir will open this location in June. Rapuano represented Elixir and landlord MacArthur Properties.

Elixir is a fast growing brand with numerous locations throughout Manhattan and Connecticut. The company also has been chosen to operate many juice bars in Manhattan, including the prestigious Mercedes House.

For more, download the full article in PDF

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Winick Leases Two New Manhattan Storefronts For Elixir Juice Bar

charles-rapuano-profile-001Elixir Juice Bar has leased two more stores in Manhattan, according to Winick Realty Group’s Charles Rapuano, who represented the brand in both of its recent New York leases.

The brand will occupy 70 Greenwich Avenue, located between Seventh Avenue South and Sixth Avenue in the heart of the West Village. Rapuano represented Elixir, while ownership was represented by Caleb Peterson of RKF. When the store opens, it will serve Elixir’s cutting-edge organic signature juices and cleanses, along with its superfood smoothie line and great selection of grab-and-go foods.

Though the site is in close proximity to its recent opening 434 Sixth Avenue, “Elixir felt it was a different market because of the travel patterns in the area,” said Rapuano, who is continuing to locate real estate for Elixir throughout Manhattan and the suburbs.

“With the new luxury apartments being developed out of the former hospital across the street, there will definitely be enough consumers to support two locations.”

Elixir has also leased a location in the Upper East Side, a neighborhood Rapuano describes as teeming with gyms, yoga studios, cycling studios and other health-conscious amenities. The 500-square-foot store is located at 1371 Third Avenue, between 78th and 79th Streets. The store was formerly occupied by a soft-serve ice cream store and Elixir will open this location in June. Rapuano represented Elixir and landlord MacArthur Properties.

For more, download the full article in PDF

mann newswire-052913-Winick Leases Two New Manhattan Storefronts For Elixir Juice Bar

New York Real Estate Journal

Hill of Winick Realty Group leases 15,500 s/f to Blink Fitness at Chelsea development

alexander-hill-profile-003Winick Realty Group arranged a 15,500 s/f lease for Blink Fitness at the base of Chelsea Park, a new residential building located at 260 West 26th St. Alexander Hill of Winick represented ownership, and Blink Fitness was represented by Peter Levine of Charter Realty & Development.

Blink will have a ground-floor entrance at 308 Eighth Ave., on the southeast corner of 26th St., which will lead down to an expansive lower-level gym that focuses on brand-name cardio and strength training equipment, free weights and a dedicated functional training area.

“This area of Eighth Ave. is ideal for retailers because of its strong residential population, the proximity to FIT, and the growing popularity of Chelsea,” said Hill. “Blink will be an amenity to the building, and a phenomenal co-tenant for the ground floor retail.”

The 12-story Chelsea Park, located on the corner of Eighth Ave. and West 26th St., consists of 204 rental apartments ranging from studios to two-bedroom units.

Hill is currently marketing 15,511 s/f of ground-floor space at Chelsea Park for another retailer to join Blink Fitness. The remaining available retail space features over 200 ft. of frontage and 14-ft. ceilings. Logical divisions will be considered and the space can be vented for a restaurant or gourmet supermarket.

For more, download the full article in PDF

NYRE Journal_052813_Hill of Winick Realty Group leases 15,500 sf to Blink Fitness at Chelsea development