From the monthly archives: "February 2014"

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Ann Taylor LOFT Coming to Columbus Square

loftA new Ann Taylor LOFT is opening this summer in Columbus Square, real estate sources said.

The national women’s clothing chain, which is more affordable and targeted to a younger audience than its sister brand Ann Taylor, will sit next to a new Bareburger and Yogurtland frozen yogurt shop, said Michelle Loeb of Winick Realty Group, which brokered the deal.

The 4,231-square-foot space sits on the ground floor of 795 Columbus Ave. at West 98th Street, across from Sephora and T.J. Maxx.

“As the retail component at Columbus Square has been filling up, we are finding more female-oriented tenants expressing interest in the project,” said Winick broker Kelly Gedinsky.

“This may be due in part to the schools on the property, as you see many mothers walking through, congregating at Whole Foods and frequenting stores like Sephora and the soon-to-open European Wax Center.”

LOFT has another neighborhood location at West 69th Street and Broadway.

Representatives from Ann Taylor did not respond to a request for comment.

For more, download the full article in PDF

DNA Info_022814_Ann Taylor LOFT Coming to Columbus Square

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.

 

Real Estate Weekly

Mom’s the word as Ann Taylor opens a Columbus Square store

kelly-gedinsky-258x30018The retail at Columbus Square will soon be home to a new location for popular women’s clothing store Ann Taylor Loft.

Winick Realty Group broker Kelly Gedinsky announced the long-term lease at 795 Columbus Avenue, between 89th and 99th Streets, which completes leasing activity at the building. “As the retail component at Columbus Square has been filling up, we are finding more female-oriented tenants expressing interest in the project,” said Gedinsky.

“This may be due in part to the schools on the property, as you see many mothers walking through, congregating at Whole Foods and frequenting stores like Sephora and the soon-to-open European Wax Center.”

Ann Taylor Loft will be the first non-big-box clothing store at Columbus Square when it opens in the third quarter of 2014. The brand will occupy 4,231 s/f of ground floor space.

“The retail at Columbus Square has become a destination not only for residents of the project but also for residents of the neighborhood,” Gedinsky said. “It’s a one-stop shop with so many family-oriented retailers that it is a natural fit for a brand like Ann Taylor Loft to want to be a part of the Columbus Square tenant mix.”

Gedinsky represented ownership along with Winick Realty Group broker Charles Rapuano. Ann Taylor Loft was represented by Joanne Podell and Ian Lerner of Cushman & Wakefield.

For more, download the full article in PDF

rew_022614_Mom’s the word as Ann Taylor opens a Columbus Square store

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.

mann newswire logo

Winick Realty Group Markets Rare Third Avenue Corner Flagship

lee-block-258x30020Winick Realty Group proudly announced the availability of a prime retail flagship in the heart of the Upper East Side. Executive Vice President Darrell Rubens and his associates Lee Block and Matthew Schuss are exclusively marketing the corner property on behalf of the co-op board at 1282 Third Avenue.

“By putting this newly available space on the market, the landlord has created the largest floor plate availability on Third Avenue,” said Rubens.

The rare retail opportunity boasts 7,689 square feet of retail space on the ground floor and an additional 1,000 square feet in the basement. With over 100 feet of high-visibility frontage on the corner of Third Avenue and East 74th Street, the storefront is poised to draw the attention of tourists, commuters and residents in the most densely populated and most affluent retail market in the world.

The building-which includes 120 apartments-is surrounded by a highly-regarded retail mix that includes Scoop, Brandy Melville, Papyrus, Journelle, Maison Kayser, François Payard Bakery, Gracious Home, OTTE, BCBG Max Azria, Giggle, True Religion and Anthropologie.

The site is also located in close proximity to the Lexington Avenue subway stations at East 77th Street and East 68th Street-each used by 11 million commuters annually-as well as multiple bus routes and the upcoming Second Avenue subway.

Added Rubens, “The retail at 1282 Third Avenue offers an exceptional opportunity to join an already-prosperous neighborhood that is about to experience unprecedented growth.”

For more, download the full article in PDF

mann newswire-022614-Winick Realty Group Markets Rare Third Avenue Corner Flagship

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.

Citybizlist

Winick Realty Group Markets Rare Third Avenue Corner Flagship 

1282 3rd ave store front cropWinick Realty Group proudly announced the availability of a prime retail flagship in the heart of the Upper East Side. Executive Vice President Darrell Rubens and his associates Lee Block and Matthew Schuss are exclusively marketing the corner property on behalf of the co-op board at 1282 Third Avenue.

“By putting this newly available space on the market, the landlord has created the largest floor plate availability on Third Avenue,” said Rubens.

The rare retail opportunity boasts 7,689 square feet of retail space on the ground floor and an additional 1,000 square feet in the basement. With over 100 feet of high-visibility frontage on the corner of Third Avenue and East 74th Street, the storefront is poised to draw the attention of tourists, commuters and residents in what is both the most densely-populated and most affluent retail market in New York City and the world.

The building—which includes 120 apartments—is surrounded by a highly-regarded retail mix that includes Scoop, Brandy Melville, Papyrus, Journelle, Maison Kayser, François Payard Bakery, Gracious Home, OTTE, BCBG Max Azria, Giggle, True Religion and Anthropologie. The site is also located in close proximity to the Lexington Avenue subway stations at East 77th Street and East 68th Street—each of which are utilized by 11 million commuters annually—as well as multiple bus routes. The upcoming Second Avenue subway, which will be located nearby at East 72nd Street, will not only increase foot traffic in the neighborhood but also bring a young and prosperous new audience to the Upper East Side.

Added Rubens, “The retail at 1282 Third Avenue offers an exceptional opportunity to join an already-prosperous neighborhood that is about to experience unprecedented growth.”

For more, download the full article in PDF

citybiz-022614-Winick Realty Group Markets Rare Third Avenue Corner Flagship

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 Observer

The Lobby

ThomasHeadshotThomas Kornitzer will be joining Winick Realty Group NJ. Mr. Kornitzer will join as a senior director and will be in charge of both landlord and tenant accounts. Specifically, he will be working with exclusive clients like Wendy’s, Safeguard Self Storage and Pep Boys.

“Thomas brings a wealth of experience to our company and he will no doubt be a valuable addition as we continue to expand Winick Realty Group’s leasing efforts in New Jersey,” said Daniel Spector, a senior vice president at Winick and founding partner of its New Jersey office. “We are delighted to welcome Thomas to our team.”

A veteran in the industry, Mr. Kornitzer has more than 20 years of experience, most recently serving as the regional director in both New York and New Jersey at RKF.

For more, download the full article in PDF

NY Observer-022514-The Lobby

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

Isa of Winick leases Fifth Avenue flagship to International Jeweler

joseph-isa-258x30016Lao Feng Xiang Jewelry, a world-renowned Chinese jewelry company, has signed a long-term lease for its first North American retail store and showroom at 585 Fifth Ave.

When the store opens in Fall 2014, the company will occupy 6,100 s/f over three floors, plus basement, and they will brand the entire six-story building to fully announce their presence to New York and to the United States.

“Fifth Avenue is the most dynamic retail stretch in the world and only the cream of the crop populates this retail strip,” said Winick Realty Group’s Joseph Isa, who represented owner TSW 33 Realty Corp. in the transaction. “Lao Feng Xiang Jewelry knew the value of having a Fifth Avenue presence, not to mention one in such close proximity to the Diamond District. This lease catapults them to immediate brand awareness.”

This was the first time that the retail at 585 Fifth Avenue had been available in more than 40 years. Through his marketing efforts, Isa was able to lease the space quickly and bring tremendous value to the landlord, achieving a record rent that edged close to the record asking price of $2.25 million per year.

“Ownership was also happy to have Lao Feng Xiang Jewelry as a tenant,” Isa continued, “because of their incredible history, dating back to 1848. The company is revered in China and ownership not only knew the brand but also understood its value.”

Lao Feng Xiang Jewelry was represented by Stephen Sjurset, Cassie Durand and David LaPierre of CBRE.

For more, download the full article in PDF

NYRE Journal_022514_Isa of Winick leases Fifth Avenue flagship to International Jeweler

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.