From the monthly archives: "January 2017"

New York Real Estate Journal

Schuss of Winick Realty leases 1,500 s/f retail space

135-east-50thNew York-based coffee company Irving Farm Coffee Roasters signed a lease at 135 East 50th St., between Third Ave. and Lexington Ave., marking the company’s first brick-and-mortar location in Midtown East.

“Midtown East is finally getting a much-needed artisanal coffee shop,” said Winick Realty Group associate director Matthew Schuss, who represented Irving Farm Coffee Roasters in the lease, his third on behalf of the brand. Landlord Handler & CO LLC was represented by Ilan Rosenthal and Michael Robbins of Redwood Property Group.

The retail space, previously the home of Nada Sushi for 30 years, comprises 1,500 s/f on the ground floor, along with a 300 s/f basement. Schuss said, “The space not only offered great frontage and visibility, but also had a lot of character that Irving Farm liked. There was an old rustic feel to the space that the brand will be able to elevate as they build out the store to resemble other Irving Farm locations.”

Expected to open in January, this will be Irving Farm’s sixth brick-and-mortar and eighth location overall, including a nearby kiosk in Grand Central terminal.

For more, download the full article in PDF

NYRE Journal_012417_Schuss of Winick Realty leases 1,500 sf retail space

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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Capital One Bank Signs Retail Lease At Cammeby’s Neptune/Sixth In Coney Island 

626 sheepshead bay roadCammeby’s announced that Capital One Bank has recently signed a lease to become the latest retailer at Neptune/Sixth, Cammeby’s new mixed-use neighborhood destination at 532 Neptune Avenue and 626 Sheepshead Bay Road in Coney Island.

The agreement will allow Capital One Bank to maintain its long-term presence in the Coney Island community. The bank currently operates a branch in a temporary space along Neptune Avenue while its new space within Neptune/Sixth is being constructed.

The lease comes on the heels of announcements that both CVS Pharmacy and Apple Bank for Savings (Apple Bank) will occupy ground-floor retail spaces at 532 Neptune Avenue within Neptune/Sixth. CVS, Apple Bank and Capital One Bank had previously been tenants of a former shopping center property that Neptune/Sixth will encompass.

“We are thrilled that Capital One Bank will remain in Coney Island, and play a key role in the neighborhood’s ongoing revitalization as part of Neptune/Sixth,” stated Jacob Cohen, executive vice president of Development at Cammeby’s. “It represents yet another of the longtime area businesses that will continue to serve its customers as part of this modern, significantly enhanced community development.”

In addition to Capital One Bank, CVS and Apple Bank, Neptune/Sixth is set to be home to a diverse mix of both retail shops and service-oriented business, while adding new amenities that the community can use and share, including ample parking. The development also features brand new office space that a number of businesses will call home.

Construction on the development’s first phase – a standalone seven-story, 161,000-square-foot retail and commercial building at 626 Sheepshead Bay Road – has begun, and is expected to be completed by summer 2017. Site work for the retail at Neptune Avenue – comprising 90,000 square feet – is also underway.

“Both Cammeby’s and Capital One Bank have shown a strong commitment to working together to reach an agreement that will ensure customers will continue to access the bank’s services throughout the entire construction of Neptune/Sixth,” stated Lee Block, executive vice president at Winick Realty Group, the exclusive retail leasing agent for Neptune/Sixth. “This branch provides a key service to both longtime and new residents of Coney Island, and we are heartened that it will remain here for years to come.”

For more, download the full article in PDF

mann newswire-012317-Capital One Bank Signs Retail Lease At Cammeby’s Neptune-Sixth In Coney Island

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

Coffee Roaster Opens 6th Outlet

matthew-schuss-web-ver-profile-001New York-based coffee company Irving Farm Coffee Roasters signed a lease at 135 East 50th Street, marking the company’s first brick-and-mortar location in Midtown East.

“Midtown East is finally getting a much-needed artisanal coffee shop,” said Winick Realty Group associate director Matthew Schuss, who represented Irving Farm Coffee Roasters in the lease, his third on behalf of the brand.

Landlord Handler & Co LLC was represented by Ilan Rosenthal and Michael Robbins of Redwood Property Group.

The retail space, previously the home of Nada Sushi for 30 years, comprises 1,500 s/f on the ground floor, along with a 300 s/f basement.

Added Schuss, “The space not only offers great frontage and visibility, but also had a lot of character that Irving Farm liked. There was an old rustic feel to the space that the brand will be able to elevate as they build out the store to resemble other Irving Farm locations.”

This will be Irving Farm’s sixth brick-and-mortar and eighth location overall, including a kiosk in Grand Central terminal.

For more, download the full article in PDF

rew_011817_Coffee Roaster Opens 6th Outlet

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 Markets Boutique Hotel Retail Opportunity in Hudson Square

229-outsideWinick Realty Group proudly announced that the company has been selected to market a unique boutique retail opportunity at the base of the new 325-room Artlo Hudson Square, located between Canal and Spring Streets.

Winick Realty Group Executive Vice Presidents Darrell Rubens and Lee Block are marketing the approximately 1,000-square-foot retail space to tenants who not only wish to join the exciting tenants and partnerships already open at the property—including Harold’s Meat + Three, the popular new restaurant from chef Harold Moore, as well as Joe’s Coffee and Blind Barber—but also take advantage of unique branding opportunities throughout the hotel with over 500 captive guests in the hotel ever day.

“This boutique retail space has its own storefront entrance but is also connected to the hotel through their beautiful communal space and outdoor courtard totaling 10,000 square feet,” said Rubens. “An incoming tenant can expand their branding throughout the hotel, utilizing the courtyard, restaurant and rooftop bar for events and merchandising opportunities.”

The Arlo Hudson Square opened in September 2016, while the retail space is currently under construction with an expected possession date in Q1 2017. Hudson Square is one of Manhattan’s most dynamic up-and-coming neighborhoods, with more than $400 million in residential and commercial developments currently underway within one block of the hotel, including Related Companies’ new luxury rental building at 261 Hudson Street.

For more, download the full article in PDF

Mann Report – January 2017 – Winick Realty Group Markets Boutique Hotel Retail Opportunity in Hudson 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.

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Winick Realty Group Leases Prime Upper East Side Storefront to Goodwill

1114-day-south-2Goodwill Industries, which operates 41 stores throughout New York and New Jersey, signed a lease for a new location at 1114 First Avenue in the heart of the Upper East Side.

“There was a lot of activity on this retail space and we had a lot of offers,” said Winick Realty Group Executive Vice President Darrell Rubens, “but ownership and the brokers felt that a Goodwill store would do great at this location and be a great way to give back to the community. It was a decision tha all parties involved could feel good about.”

Rubens represented the landlord Himmel + Meringoff Properties in the lease transaction along with Winick Realty Group Executive Vice President Lee Block, Associate Director Matthew Schuss and David Cohen, who represented ownership in-house. Michael Kadosh of CBRE represented Goodwill Industries.

“With a long history of serving New York City and sourcnig funding from its numerous locations around town, Goodwill has developed a reputation as a great neighbor, and we felt very good about bringing them into our property on the Upper East Side at 1114 First Avenue,” commented Leslie W. Himmel, co-managing partner of Himmel + Meringoff Properties. “We’re confident this well-proportioned and strong visibility space will provide them wih the foot traffic they’re looking for to help grow public support for their important mission.”

Formerly home to Hartstrings, the new Goodwill storefront will encompass 3,800 square feet on the ground floor and an additional 2,000 square feet in the lower level. Located on the Northeast corner of East 61st Street, the location offers Goodwill a lot of exposure to area residents, commuters and shoppers.

For more, download the full article in PDF

Mann Report – January 2017 – Winick Realty Group Leases Prime Upper East Side Storefront to Goodwill

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.

jason-stein-web-ver-profile-001Jason Stein

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Tel: 212-792-2622
Email: jstein@winick.com
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Areas of Specialization: Retail Brokerage and  Advisory Services (Tenant and Owner Representation)

Areas of Expertise: Manhattan, Tri State Area

 


Professional Experience

Jason Stein joined Winick Realty Group in 2016 as part of the company’s Agent Training Program. Mr. Stein focuses on both tenant and landlord representation throughout New York City.

Mr. Stein was surrounded by business from a young age as he would accompany his father, a textile salesman, to his office and listen in on sales calls. He had the opportunity to intern at a textile company, where he worked directly under the vice president as he cold-called potential clients and mastered the company’s in-house inventory system. The intimate knowledge he gained of the needs of both buyer a seller helps him to make the right connections between clients and successfully complete real estate deals.

A graduate of Syracuse University, where he earned a Bachelor’s Degree in Information Management and Technology, Mr. Stein also interned at Century 21 Real Estate, where he canvassed, went on showings and created marketing campaigns for both residential and commercial properties.

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