From the monthly archives: "July 2014"

Citybizlist

Seven Leases Signed For The Retail Concourse At One New York Plaza 

One New York Plaza (Mac)Brookfield Property Partners (NYSE: BPY; TSX: BPY.UN) today announced that it has executed seven leases for its 40,000-square foot retail area at One New York Plaza, a 2.6-million-square-foot office building located on the southeastern tip of Manhattan. The property is undergoing a $14-million redevelopment to its retail concourse, located in the two lower levels of One New York Plaza, which will include five quick-casual eateries, a health club and service retail. The project is scheduled for completion by the beginning of 2015.

“Downtown continues to attract high-quality tenants and One New York Plaza’s newest retailers provide the services demanded by workers, visitors and residents in the Financial District,” said Ed Hogan, Brookfield’s National Director of Retail Leasing. “We are pleased to welcome Chop’t, Chipotle, Starbucks, Retro Fitness, Cobbler Express, Optometric Arts and the return of Gateway News.”

New eateries coming to One New York Plaza include:

Chop’t will lease 2,400 square feet. Craig Hantgan of Esquire Properties represented the tenant. Chop’t recently opened another location at Brookfield Place at 225 Liberty St.

Chipotle will open a 1,800-square-foot store. Kenneth Hochhauser of Winick Realty was the broker for Chipotle.

Starbucks signed a 1,200-square-foot lease. David Firestein of the Shopping Center Group represented the tenant.

New retailers to come online this winter include:

Retro Fitness will open a 17,000-square-foot gym and was represented by Brian Katz of Katz & Associates.

Cobbler Express signed a 950-square-foot lease. Cobbler Express currently operates another location at Brookfield Place at 200 Liberty St.

Optometric Arts will lease 950 square feet. This high-end optician was formerly a tenant at Brookfield Place.

Gateway News will lease 921 square feet and is a returning tenant. Gateway was represented itself.

Brookfield was represented in-house by Mr. Hogan and Mark Kostic for all leases. For Chipotle, Starbucks, Retro Fitness, Cobbler Express and Optometric Arts, Steven E. Baker and Kenneth Hochhauser of Winick Realty assisted Brookfield. For Chop’t, Mr. Baker worked with Brookfield to secure the lease.

“We are proud to be working with Brookfield to reposition the retail concourse at One New York Plaza, bringing exciting new retail to the building and the surrounding community,” said Steven E. Baker, president of Winick Realty Group. “We look forward to announcing even more retail deals at the property in the coming months.”

One New York Plaza, a 50-story skyscraper, is located at the southeastern tip of Manhattan with exceptional views of the Statue of Liberty, the New York Harbor and the Manhattan Skyline. It is located near numerous subway lines and public transportation. Its current tenants include Morgan Stanley and Fried Frank and will soon be home to Revlon and Macmillan Science and Education.

For more, download the full article in PDF

citybiz-073014-Seven Leases Signed For The Retail Concourse At One New York Plaza

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 Plan: 28 Greenwich Avenue

28 Greenwich AvenueAn approximately 2,300-square-foot, bi-level retail space has hit the market at 28 Greenwich Avenue along one of the most heavily trafficked corridors of the West Village. The space, formerly occupied by spa and nail salon Blush, hasn’t been available for 15 years, during which time Greenwich Avenue has gone through a dramatic change. The unit is available for both food and dry use and brokers are seeing evenly split interest, according to Winick Realty Group’s Josh Siegelman, who is marketing the space with an asking rent of $15,000 per month. “Greenwich Avenue is one of the more charming blocks in the West Village,” Mr. Siegelman told Commercial Observer last week. “The space has great co-tenancy that keeps the area busy and it’s one of the only streets in the area that has two-way vehicular traffic.”

For more, download the full article in PDF

ny observer-072914-the plan

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

Brookfield signs seven retailers at One NY Plaza

One New York Plaza (Mac)Brookfield Property Partners announced that it has executed seven leases for its 40,000 s/f retail area at One New York Plaza.

The 2.6-million-square-foot office building located on the southeastern tip of Manhattan is undergoing a $14 million redevelopment to its retail concourse, located in the two lower levels, which will include five quick-casual eateries, a health club and service retail. The project is scheduled for completion by the beginning of 2015.

“Downtown continues to attract high-quality tenants and One New York Plaza’s newest retailers provide the services demanded by workers, visitors and residents in the Financial District,” said Ed Hogan, Brookfield’s National Director of Retail Leasing.

“We are pleased to welcome Chop’t, Chipotle, Starbucks, Retro Fitness, Cobbler Express, Optometric Arts and the return of Gateway News.”

New eateries coming to One New York Plaza include:

* Chop’t will lease 2,400 square feet. Craig Hantgan of Esquire Properties represented the tenant. Chop’t recently opened another location at Brookfield Place at 225 Liberty St.

* Chipotle will open a 1,800 s/f store. Kenneth Hochhauser of Winick Realty was the broker for Chipotle.

* Starbucks signed a 1,200 s/f lease. David Firestein of the Shopping Center Group represented the tenant.

New retailers to come online this winter include:

* Retro Fitness will open a 17,000 s/f gym and was represented by Brian Katz of Katz & Associates.

* Cobbler Express signed a 950 s/f lease. Cobbler Express currently operates another location at Brookfield Place at 200 Liberty St.

* Optometric Arts will lease 950 s/f. This high-end optician was formerly a tenant at Brookfield Place.

* Gateway News will lease 921 s/f and is a returning tenant. Gateway was represented itself.

Brookfield was represented in-house by Hogan and Mark Kostic for all leases. For Chipotle, Starbucks, Retro Fitness, Cobbler Express and Optometric Arts, Steven E. Baker and Kenneth Hochhauser of Winick Realty assisted Brookfield. For Chop’t, Baker worked with Brookfield to secure the lease.

“We are proud to be working with Brookfield to reposition the retail concourse at One New York Plaza, bringing exciting new retail to the building and the surrounding community,” said Steven E. Baker, president of Winick Realty Group. “We look forward to announcing even more retail deals at the property in the coming months.”

One New York Plaza tenants include Morgan Stanley and Fried Frank and it will soon be home to Revlon and Macmillan Science and Education.

For more, download the full article in PDF

rew_073014_Brookfield signs seven retailers at One NY Plaza

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

Winick Realty Group leases 3,300 s/f to Dear Rivington

aaron-fishbein-002Dear Rivington, the designer fashion boutique selling clothing, eyewear, pottery and jewelry, has signed a lease to relocate the brand to 37 Great Jones St. in NoHo. The bi-level store features 2,000 s/f of ground floor space with high ceilings and a beautiful built-in skylight. Dear Rivington will also occupy 1,300 s/f on a selling lower level.

“NoHo has changed considerably, with Great Jones Street in particular becoming an exclusive fashion destination,” said Winick Realty Group’s Aaron Fishbein, noting that 3.1 Philip Lim and Filson recently signed leases across the street. “Dear Rivington was drawn to not only the neighborhood and its proximity to SoHo but also many of the unique features of the space itself, including the distinctive storefront with landmarked oversized barn style doors that give the store a private feel which the customers appreciate.

“Dear Rivington owners Moon Rhee and Hey Ja Do are excellent designers and fashion business people,” Fishbein continued. “We are happy to have assisted in the new store.”

Fishbein and Winick Realty Group executive vice president Darrell Rubens represented Dear Rivington, which will open its NoHo storefront in October. Landlord DIB Management was represented by Rebecca Bruce of Daizy Realty.

For more, download the full article in PDF

NYRE Journal_072914_Winick Realty Group leases 3,300 sf to Dear Rivington

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

1 New York Plaza Scores Five New Retail Concourse Tenants

1-new-york-plaza-ny_145-kw-reduction-390x600Brookfield Office Properties has signed leases with five new retail tenants at its 1 New York Plaza within the past six weeks, bringing the 42,000-square-foot retail concourse to 65 percent leased, Commercial Observer has learned.

The new tenants are Starbucks (1,200 square feet), Chipotle (1,800 square feet), Chop’t Creative Salad Company (2,400 square feet), Cobbler Express (950 square feet) and Optometric Arts (950 square feet).

All of the leases in the 50-story, 2.6-million-square-foot building at Water and Whitehall streets, on the southern tip of Manhattan, are for about 10 years, said Edward Hogan, national director of leasing at Brookfield Office Properties. The asking rent is $60 per square foot.

In addition, New Jersey-based Retro Fitness signed a lease for 17,000 square feet at 1 New York Plaza, the fitness center’s first location in Manhattan, as reported last month.

In all six deals, Brookfield was represented in-house by Mr. Hogan and Mark Kostic, in addition to Steven E. Baker and Kenneth Hochhauser of Winick Realty Group. Mr. Hochhauser also represented Chipotle in its deal.

After taking a beating in Superstorm Sandy, when the building’s lower levels were flooded with an estimated 23 million gallons of seawater, all of 1 New York Plaza reopened in November 2012, but for the retail concourse. It has been undergoing a $14 million redesign and repositioning, including adding a ventilation system. Only one previous tenant, Gateway News (921 square feet), will be returning once the concourse opens. The retailers are slated to open in the concourse in the winter of 2015.

“Without gutting the whole floor we wouldn’t have been able to upgrade the entire tenancy,” Mr. Hogan said.

Brookfield started construction on the retail concourse in early spring of this year after mulling different designs and tenant mixes for the space.

“We decided the neighborhood needed retail,” Mr. Hogan said. “It made sense given the demand and feedback as we discussed what we could bring there.”

For more, download the full article in PDF

NY Observer-072914-1 New York Plaza Scores Five New Retail Concourse Tenants

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.

Shopping Center Business

Restaurant Bites

100 kenmareSWEETGREEN

Sweetgreen, an organic/fast food chain, has signed a lease for a 2,400-square-foot space at 100 Kenmare Street in the Nolita/Soho area of New York City. This will be the chain’s fourth location in New York. Each location’s lease was handled by SCG Retail. The building is owned by Coral Realty, who were represented by Darrell Rubens and Aaron Fishbein of Winick Realty. Sweetgreen has 22 locations in the northeast.

For more, download the full article in PDF

shopping center business-july 2014-restaurant bites

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.