Smith of Winick Realty leases 9,800 s/f restaurant; Mok in-house reps landlord, Eretz Group
American bar and bistro District Tap House signed a lease for its second location at 252 West 37th St. between Seventh and Eighth Aves.
The restaurant, which offers 50 beers on tap, as well as full lunch and dinner menus, will occupy 9,800 s/f comprised of two former fabric stores that had been combined to create one wide store with more than 30 ft. of frontage. Set to open by October 1st, the restaurant will occupy space on the ground floor, mezzanine and basement.
Winick Realty Group’s Richard Smith represented District Tap House, which currently operates one block away at 246 W 38th St. According to Smith, the area is changing so much that there is enough demand to support two different locations.
“There have been a slew of hotels going up in the area, as well as residential towers and new offices so that rather than being a garment center, today the neighborhood is populated with architects, lawyers and other professionals who need places to go and entertain after work,” said Smith. “There is a big need for bistros of this type.”
Landlord Eretz Group was represented in-house by Nicholas Mok.
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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.