From the monthly archives: "March 2016"

Real Estate Weekly

Pinkyotto opening newest store in landmarked UWS building

pinkyottoPinkyotto, the women’s fashion brand perhaps best known for its window displays of mannequins featuring teddy bear heads, is opening its sixth New York City location on the Upper West Side.

The brand, which also has a store in Boston, signed a lease for its first Upper West Side store at The Brodsky Organization’s 2060 Broadway.

Winick Realty Group President Steven E. Baker and Charles Rapuano represented both the tenant and ownership in the lease transaction. Pinkyotto will occupy 800 s/f on the ground floor and 500 s/f in the basement of 2060 Broadway, a landmarked residential building located between West 70th and West 71st Streets. The store features 40 feet of frontage, as well as 17-foot ceilings.

“Pinkyotto had been looking for the ideal Upper West Side location for quite some time but nothing felt right,” said Rapuano. “2060 Broadway proved to be the perfect fit because of the unique features of the building, as well as its desirable location next to the new Upper West Side Bloomingdale’s.

“The tenant and the landlord also really liked each other,” Rapuano added, “so we were able to complete the deal in a very short period of time to the satisfaction of all parties involved.”

Pinkyotto is expected to open in the fall, replacing the previous tenant Montmartre.

“Pinkyotto is a quality tenant with a great brand and a strong following that will do incredibly well in this location. I have no doubt they will be a great fit for our building and the neighborhood,” said Alexander Brodsky.

Winick’s Rapuano and Baker are continuing to work with the Brodsky Organization to market a prime retail availability at nearby 253 West 72nd Street, located on West 72nd Street and Broadway. The site features 8,010 square feet of retail on the ground floor with more than 50 feet of frontage, and an additional 1,608 square feet in the basement.

For more, download the full article in PDF

rew_033016_Pinkyotto opening newest store in landmarked UWS building

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 100,000 SF of Block-Through, Build-to-Suit Retail in Astoria

aaron-fishbein-print-ver-profile-001Winick Realty Group proudly announced that Aaron S. Fishbein and Daniel D. DePasquale are exclusively marketing a block-through retail development site featuring more than 100,000 square feet of retail, as well as parking and loading, in the heart of Astoria.

The retail at 34-30 Steinway Street, located on Astoria’s main retail corridor, features 150 feet of frontage on Steinway Street and 166 feet on 38th Street. The development has opportunity for four floors of retail with floor plates that measure approximately 30,000 square feet each. Ceiling heights will range per floor and can accommodate major requirements. This build-to-suit retail opportunity, which is expected to be delivered by 2018, can be utilized by one tenant or multiple tenants of a variety of use groups.

“The retail at 34-30 Steinway Street is truly a one-of-a-kind opportunity as we can build to suit and offer a retailer approximately 30,000-square-foot floorplates with parking and loading entrances on 38th Street and full frontage on Steinway Street,” said Fishbein. He and DePasquale are currently in talks with many national big box retailers to lease either multiple floors or the entire 100,000-square-foot building.

34-30 Steinway Street is situated in one of the busiest professional districts of Astoria, with WeWork, Queens Collective, Green Desk and The Jim Henson Company among the many office tenants nearby. In addition, the building is in close proximity to the Museum of the Moving Image, Frank Sinatra School of the Arts and Kaufman Astoria Studios, among others. Retail tenants surrounding the property include Starbucks, Panera Bread, PC Richard & Son, Blink Fitness, Applebee’s and United Artist Theatres.

The building is centrally located and easily accessible to not only the 141,470 people who live within a mile of the property but also customers from all over New York City thanks to four subway lines and three bus lines stopping within blocks of the site, and the 59th Street Bridge.

For more, download the full article in PDF

citybiz-033116-Winick Realty Group Markets 100,000 SF of Block-Through, Build-to-Suit Retail in Astoria

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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Big-Box Stores Eyeing Future Retail Space on Steinway Street, Realtor Says

34-30-Steinway-StreetA big-box retailer may take up shop in a three-story retail complex planned for Steinway Street, according to the realtor marketing the space.

Winick Realty Group says it’s “in talks” with several national big-name brands eyeing the future space at 34-30 Steinway St., including gourmet markets, restaurants and home improvements stores, according to the company.

The group declined to specifically name the potential tenants.

Winick is leasing the future development on behalf of 34 Steinway Ground LLC, which is converting four one-story properties at the site — including a former lamp manufacturer — into a building with 120,000-square-feet of retail space spread out over four levels.

The building, located between 34th and 35th avenues, fronts both Steinway and 38th streets and will have a parking lot underground, the realty group said.

The property is expected to open by 2018.

Steinway Street is one of Astoria’s major shopping corridors, and is already home to several major chains. There is also a Starbucks, Applebee’s, Panera Bread and a P.C. Richard & Sons within two blocks of the future development.

For more, download the full article in PDF

DNA Info_033116_Big-Box Stores Eyeing Future Retail Space on Steinway Street, Realtor Says

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 Realty Group completes off-market sale in Georgia

brunswickWinick Realty Group’s Investment Sales Department announced the sale of the 75,595 sq. ft., grocery-anchored center Brunswick West Shopping Center in Brunswick, Georgia. The center sits on 9.11 acres, off exit 36B of Interstate 95.

Brunswick Shopping Center is currently 82% occupied and anchored by Winn Dixie and Family Dollar.

Michael Cleeman, senior VP of investment sales, represented both the seller, M&P Shopping Centers, and the buyer, Joe Eisenberger of the Triple Net Group, in the off-market transaction.

For more, download the full article in PDF

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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

Ascot Properties NYC Betting on Soho With Two Commercial Condo Buys Within As Many Weeks

joshua-siegelman-258x30017In the second deal, the family-run Valroge Corporation carved out a 2,900-square-foot commercial condominium unit on the ground floor and basement at 414 West Broadway between Prince and Spring Streets for Ascot, holding onto the upper residential portion of the building for itself, Mr. Brown said. Ascot paid $8.5 million for it on March 8. Antique store Paracelso is in the space on a month-to-month basis, Mr. Brown said.

“414 West Broadway is a deal that took a long time to complete but we worked very closely with the seller and are excited to have this space on the best block of West Broadway,” Mr. Brown said.

Joshua Siegelman from Winick Realty Group negotiated the deal.

For more, download the full article in PDF

NY Observer-032516-Ascot Properties NYC Betting on Soho With Two Commercial Condo Buys Within As Many Weeks

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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For the Record

1133 manhattan aveSupermarket operator POM Group signed a 20-year lease for 11,000 square feet at 1133 Manhattan Ave. in Greenpoint, Brooklyn, for grocery store Gourmet Affair. The shop will occupy the entire ground floor of the residential building between Clay and Box streets. The ­tenant was represented by SCG Retail’s Geoff Bailey. The landlord was ­represented by Winick Realty Group’s Jeff Winick. The asking rent was $65 per square foot.

For more, download the full article in PDF

CRAIN’S_032616_For the Record

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.