From the monthly archives: "March 2015"

CoStar

CoStar Group Announces New York City Winners of 2014 CoStar Power Broker Awards

The following top commercial real estate firms in New York City have been recognized as 2014 CoStar Power Broker Awards winners:

Top 2014 Leasing Firms

Presented Alphabetically

ABS Partners Real Estate LLC

Adams & Company Real Estate LLC

Avison Young

CBC Alliance

CBRE

Colliers International

Cushman & Wakefield, Inc.

Douglas Elliman

DTZ

EVO Real Estate Group

JLL

JRT Realty Group, Inc.

Laura Pomerantz Real Estate, LLC

Lee & Associates NYC

MHP Real Estate Services LLC

Newmark Grubb Knight Frank

Norman Bobrow & Co Inc.

Robert K. Futterman & Associates, LLC

Savills Studley

Sinvin Real Estate

Winick Realty Group LLC

For more, download the full article in PDF

Co-Star 2014 Leasing Firms

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

In the Aftermath of an Explosion

37 St marks Place 03-17-15Across Second Avenue along Saint Marks Place, the scene was unusual. The block was empty but for camera-wielders peering into a rectangular hole containing a couple of Con Edison workers at the southwest corner. “It’s bad. It’s terrible,” said employees of a souvenir shop who did not wished to be named. “There’s no business at all. Only pictures.”

James Famularo, a senior director at Eastern Consolidated, who has been in the East Village for 15 years representing more than 30 properties, offers some hope. “It will be very difficult for the next few weeks but everyone will support the area once the barricades are gone.”

Mr. Famularo is currently offering 800 square feet at 24 Saint Marks Place. “I don’t think this will have a long-term negative affect on the East Village; anything like this that happens in New York City seems to pull people closer together.” He said the area ranks in the middle of Manhattan retail values, estimating restaurant spaces at $125 to $150 per square foot.

Across the street, 6,650 square feet at 37 Saint Marks Place, a.k.a. 133 Second Avenue, is also available, represented by three Winick Realty Group brokers including Lee Block, who agrees with Mr. Famularo that while the event itself was tragic, it will not have long- or even short-term effect on leasing or real estate overall.

“This is a dense, highly populated neighborhood that will still need services,” said Mr. Block. “New places are popping up every day. I don’t see that changing. New Yorkers are resilient. A week from now, hopefully, the streets will be open and people will go back to normal.”

For more, download the full article in PDF

NY Observer-033115-In the Aftermath of an Explosion

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.

 

CoStar

New York City Top 2014 Retail Leasing Brokers

 

costar power brokers 2014

For more, download the full article in PDF

Co-Star 2014 Power Brokers

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.

 

Globe Street

Sales, Leases, and Executive Moves Making News in New Jersey

176 Kindrkamack rdWinick Realty Group’s Urszula Zoltek recently completed two property sales transactions in New Jersey, representing both the seller and the buyer in both transactions.  HSVC Investments LLC sold a mixed-use, three-story building at 21-25 Monroe Street in Passaic to 21, 23 & 25 Monroe Street LLC. The buyer also owns the property next door and decided to purchase the building in order to maintain its condition and preserve the value of both properties. 21-25 Monroe Street includes 12 one-bedroom apartments and four ground-floor retail spaces, each measuring 650 square feet. Currently three of the retail spaces are occupied by local businesses—a computer repair shop, a grocery and deli, and a botanica—while the fourth is currently vacant. The building was sold for $1.075 million and the sale transaction took two months to complete. At 176 Kinderkamack Road in Emerson, Hayden Asset II LLC sold 0.22 acres of land to 182 Emerson LLC for $465,000. The parcel of land is located at the intersection of Linwood Avenue, close to Vilano Elementary School, Emerson Public Library, Emerson Municipal Plaza and a New Jersey Transit Railway Station. The property houses a one-story, 1,600-square-foot retail building, as well as 14 parking spaces. The former home of AJ’s Restaurant, Wacky Burgers and Fries, the retail site is currently vacant and is available for lease.

For more, download the full article in PDF

globe street-033015-Sales, Leases, and Executive Moves Making News in New Jersey

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

Jersey gym takes 17,000 s/f at NY Plaza

onenewyorkplaza_lr_06-edit-webNew Jersey-based Retro Fitness opened its first Manhattan location at Brookfield Properties 1 New York Plaza.

The 17,000 s/f gym is located in the renovated 40,000 s/f concourse of the Lower Manhattan building.

Brian Katz represented Retro Fitness in this transaction. The landlord was represented by Steven Baker from Winick Realty.

Katz & Associates has represented Retro Fitness for the past eight years and has completed over 35 additional transactions throughout the Northeast.

“Manhattan had been an ongoing discussion for several years. This is a great addition for the company and the neighborhood,” said Brian Katz, president & COO of Katz & Associates.

For more, download the full article in PDF

rew_032615_Jersey gym takes 17,000 sf at 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 Observer

1 New York Plaza Adds to Its Lunchtime Repertoire

nayaA fast-growing Middle Eastern food chain is heading Downtown among a cluster of other chains aimed at the lunchtime crowd, Commercial Observer has learned.

Naya Express inked a 10-year deal earlier this week for a 1,620-square-foot site at the redeveloped 1 New York Plaza, according to brokers in the lease agreement. Its neighbors include Chipotle and Starbucks, which have already set up shop, as well as the salad shop Chopped and burger joint Schnippers.

Albert Manopla of Kassin Sabbagh Realty represented Naya Express in the deal. Steven Baker and Kenneth Hochhauser both of Winick Realty Group represented the landlord, Brookfield Asset Management, along with in-house broker Mark Kostic.

The asking rent was $60 per square foot, according to Mr. Kostic.

After opening restaurants in Midtown, at 54 West 56th Street and 688 Third Avenue, Mr. Manopla said Naya Express owners wanted to target the lunch crowd in the Financial District.

“They’re very excited. They think they’re going to fit right in,” he said. “They do very well in the Midtown market. They figure they can do the same thing in the Financial District.”

Brookfield, which wrapped up renovation on 1 New York Plaza in January, planned on filling the 15 completed units at the site with some of the best places to serve the thousands of workers within walking distance, Mr. Kostic said. With the Naya Express lease completed, Brookfield has only four units left to fill, he added.

“We’re really excited and happy with our lineup so far,” Mr. Kostic said. “We hope that the last few spaces will be for additional best-in-town class uses.”

For more, download the full article in PDF

NY Observer-032515-1 New York Plaza Adds to Its Lunchtime Repertoire

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.