From the monthly archives: "January 2014"

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Winick Realty Group markets big-box retail space in LIC

30-30 Northern Blvd renderingNew retail space is opening up in Long Island City.

Winick Realty Group President Steven E. Baker announced that together with brokers Aaron S. Fishbein and Jeremy Schwartz, he will be marketing close to 150,000 square feet of retail space at the new building located at 30 -30 Northern Blvd. Winick Realty Group is marketing the space on behalf of Alma Realty Corp.

“This is a perfect opportunity for a big box retailer to make their presence known in Long Island City,” said Baker, who worked with the leasing of Long Island City’s waterfront retail on behalf of TF Cornerstone. “We are pleased to be a part of this incredible project that will help reshape the Long Island City retail landscape as we know it.”The retail space will be within the new building, which will begin construction this year and includes three floors of retail space under 200,000 square feet of office space. The building will be connected to Long Island City’s iconic seven-story “Apple Building” and will include about 3,000 employees. Two levels of underground parking with valet services are also included.

The new building, which will be near Queens Plaza and the Ed Koch Queensboro Bridge, is also expected to bring a large additional amount of foot traffic to the area.

“Long Island City has everything from three millions square feet of Class A office in the immediate area to 10,000 high rise luxury residential units and now the largest hotel brands in the world, including the Hilton, Marriot and Crowne Plaza,” said Fishbein. “Long Island City needs real retail to service the many growing elements of the neighborhood, and we are bringing the necessary amenities.”

Winick Realty Group is looking for tenants of “all use groups,” including restaurants and lounges, which could utilize the multiple rooftop spaces. The group also encouraged big-box or large retail tenants to take the opportunity.

“Long Island City is an incredibly dynamic neighborhood,” said Steve Valiotis, owner of Alma Realty. “Together with Winick Realty Group, Alma Realty embraces the opportunity to create a synergy of development in the neighborhood and bring this groundbreaking big-box retail opportunity to market, further complementing the new residential and office uses in the immediate vicinity.”

For more, download the full article in PDF

queens courier_013114_Winick Realty Group markets big-box retail space in LIC

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

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Capstone, Carlyle tap Winick to market 570 Seventh retail

Darrell-rubensCapstone Equities and the Carlyle Group tapped Winick Realty Group to market a 20,000-square-foot flagship retail space at 570 Seventh Avenue near 41st Street, Winick Realty Group told The Real Deal exclusively.

The owners plan to renovate the entire building and install a new glass facade after the leases expire. Winick’s Jeff Winick, Darrell Rubens and Lee Block will handle the marketing. They are targeting restaurants, fashion outlets and financial institutions to occupy vacant space, according to a statement from Winick.

The retail space at the 20-story Midtown building includes 3,600 square feet in the basement, 4,950 square feet on the ground floor, 6,100 square feet on the second floor and 6,100 square feet on the third. There are also 75-foot-by-25-foot LED billboards available, the listing said.

Earlier this month, the Durst Organization recruited Winick to market the retail space at Durst’s condominium 205 East 42nd Street, as previously reported.

For more, download the full article in PDF

THE REAL DEAL_013114_Capstone, Carlyle tap Winick to market 570 Seventh retail

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

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150K square feet of LIC retail hits the market in mixed-use project

30-30 Northern Blvd renderingWinick Realty Group has been named the exclusive marketer of a massive chunk of retail at a rising multi-use development in Long Island City, Queens, The Real Deal has learned. The 150,000 square feet of retail at 30-30 Northern Boulevard are being offered by a Winick team of Steven Baker, Aaron Fishbein and Jeremy Schwartz on behalf of Alma Realty, which bought the plot in 2011 from Edward Minskoff for $21.5 million.

Once a retail tenant is signed, construction at the project will begin, a representative for Winick confirmed.

When complete, the building will hold three floors of retail beneath 200,000 square feet of office space.

“Long Island City has … 10,000 high rise luxury residential units and now the largest hotel brands in the world, including the Hilton, Marriot and Crowne Plaza,” Fishbein told TRD via email. “We are bringing the necessary amenities,” to the burgeoning neighborhood, he said.

Baker said that Winick was looking for restaurants, gourmet markets, apparel and big box retailers.

In recent years development in the area has boomed, anchored by megaprojects like TF Cornerstone’s East Coast project (which has condominiums, rentals and retail spread over 21 acres), and Hunter’s Point South, a mixed-use waterfront development with 5,000 residential units, 11 acres of parkland and a school. Ground broke on phase one of that project last year, with phase two set to commence in the first half of this year.

The as-yet-unnamed project by Alma will have some competition, however. Last year, Jamestown revealed they were mulling plans for a Chelsea Market-type series of gourmet food stalls at 31-00 47th Avenue, for which the firm paid about $80 million in 2012.

For more, download the full article in PDF

THE REAL DEAL_013014_150K square feet of LIC retail hits the market in mixed-use project

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

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Winick’s Joseph Isa Leases 1006 First Avenue To Le Pain Quotidien

joseph-isa-258x30016Le Pain Quotidien, the popular organic bakery and communal table restaurant, has leased a 3,100-square-foot retail location at 1006 First Avenue, on the Northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 feet of frontage that is set slightly above street level for excellent visibility and signage.

Winick Realty Group broker Joseph Isa represented landlord 400 Plaza Owners Corp. in the long-term lease transaction and he noted that, “Ownership recognized the quality of the Le Pain Quotidien brand. They are going to be a great amenity for the building, as well as the neighborhood.”

CBRE’s Amira Yunis, Ben Daniels and Matt Krell represented Le Pain Quotidien in the transaction.

For more, download the full article in PDF

mann newswire-012914-Winick’s Joseph Isa Leases 1006 First Avenue To Le Pain Quotidien

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

New York Real Estate Journal

Neil and Grant Dolgin of KDA reps owner in 14,000 s/f lease renewal to Duane Reade at Cross Path Shopping Center; Winick Realty Group reps tenant

duane reade logo blackAccording to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged the renewal of a 14,000 s/f, long-term lease for New York-based drugstore chain Duane Reade at 198-15 Horace Harding Expressway. Duane Reade will continue to occupy the space at the Cross Path Shopping Center in the Flushing neighborhood.

Neil Dolgin and Grant Dolgin of KDAs represented the owner in the deal, while Winick Realty Group, LLC negotiated on behalf of the tenant.

“The KDA team worked closely with the owner to negotiate the best possible terms for the lease renewal of Duane Reade at the property,” said Neil Dolgin. “The prime location of the Cross Path Shopping Center offers tenants excellent visibility, and the close proximity of Francis Lewis Blvd. and I-495 provides customers convenient access to all that the center has to offer.”

The Cross Path Shopping Center is a one-story, 44,877 s/f, multi-tenant property, with a 95,000 s/f parking lot. Cross Path features prominent tenants such as Waldbaums grocery store, N&S Wines, a nail salon, pet groomer, T-Mobile, and the Blue Bay Diner. Duane Reade has occupied the 14,000 s/f space at 198-15 Horace Harding Expressway for many years.

The shopping center at 198-15 Horace Harding Expressway is adjacent to Francis Lewis Blvd. and the Long Island Expressway, and is convenient to the Clearview Expressway. Nearby transportation includes the Auburndale Long Island Railroad Station and the Q26 and Q30 buses.

For more, download the full article in PDF

NYRE Journal_012814_Neil and Grant Dolgin of KDA reps owner in 14,000 sf lease renewal to Duane Reade at Cross Path Shopping Center; Winick Realty Group reps tenant

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

 

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Le Pain Quotidien leases Manhattan location

040913_le_pain_wifi_AS5.JPGLe Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

Winick Realty Group represented the landlord, 400 Plaza Owners Corp., in the long-term lease negotiations leading to the transaction. CBRE represented the tenant.

For more, download the full article in PDF

CHAIN STORE AGE 01-24-14

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