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New York Observer

How a Former Garmento Became Oldest ‘Kid’ Leasing in Garment District

Richard Smith, a senior director at Winick Realty Group, is an old-school operator in all the best ways, relying on shoe leather and people skills to score new business through cold calls, relentless networking and building relationships face to face.

Smith, 62, grew up in Hewlett, N.Y., in the Five Towns section of Long Island. His father, Al Smith, manufactured brooms and mops. (He was not the four-time governor of New York.) Richard spent his Saturdays as a child playing in his father’s broom factory in Canarsie, Brooklyn, while Al played cards with friends.

Always idolizing his dad, the younger Smith got caught up in the excitement of business in 1969, when his father took his company, Ace Industries, public.

“It really drew me in when he got involved in Wall Street, because it was very exciting,” said Smith, who lives on the Upper West Side with his wife of 31 years, Rhonda. “It was really big business, and it made me understand that business wasn’t just going to your office every day; it was Wall Street and financial information that flowed. That really got me going.”

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NY Observer-120617-How a Former Garmento Became Oldest ‘Kid’ Leasing in Garment District

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

Gracia Fashion Moving to New Garment District Retail Location

225w39Women’s clothing brand Gracia Fashion has agreed to take 9,500 square feet of retail space at landlord Walter & Samuels’ 225 West 39th Street in the Garment District, Commercial Observer has learned.

In a 10-year deal, Gracia signed on earlier this month for 5,000 square feet of ground-level space and another 4,500 square feet of lower-level space at the 12-story, 90,000-square-foot office and retail building between Seventh and Eighth Avenues.

Asking rent for the ground-floor space was $105 per square foot, according to sources with knowledge of the transaction. Gracia will relocate from its existing retail location three blocks south at 217 West 36th Street in the next several months, after building out the new space.

Lee Block and Danielle Winick of Winick Realty Group represented the tenant, while Peter Weiss of Walter & Samuels represented the landlord in-house.

In a release announcing the deal, Walter & Samuels Chairman David I. Berley—whose firm has owned 225 West 39th Street for more than 30 years—noted the retail location’s high ceilings and 45 feet of street-level frontage, and described the 1910 property as a “historical building with great bones.”

Winick’s Lee Block described Gracia Fashion, which was established in 1998, as a “successful women’s clothing brand with a solid reputation born from a loyal customer base and a long-standing history” in the Garment District, per the release.

Office tenants at 225 West 39th Street include Israeli-American fashion designer Yigal Azrouël and nightlife promoter Joonbug, as well as numerous small- and mid-sized fashion tenants.

For more, download the full article in PDF

NY Observer-042517-Gracia Fashion Moving to New Garment District Retail Location

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

Smith of Winick Realty leases 9,800 s/f restaurant; Mok in-house reps landlord, Eretz Group

richard-smithAmerican 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.

For more, download the full article in PDF

NYRE Journal_032415_Smith of Winick Realty leases 9,800 sf restaurant

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

Hotel guests supporting boom in beer joints

ditrictCOLORAmerican bar and bistro District Tap House signed a lease for its second location at 252 West 37th Street, between Seventh and Eighth Avenues in Midtown Manhattan.

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 feet of frontage.

Set to open by October 1, 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 West 38th Street.

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.

For more, download the full article in PDF

rew_031215_Hotel guests supporting boom in beer joints

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.

crains logo

For the Record

richard-smithDistrict Tap House signed a lease for a 9,800-square-foot space for its second location, at 252 W. 37th St. It currently has another space at 246 W. 38th St. The tenant was represented by Richard Smith of Winick Realty Group, and the landlord, Eretz Group, was represented in-house by Nicholas Mok. Mr. Smith declined to disclose the asking rent but noted that prices on the area’s side streets vary from $50 to $120 per square foot.

For more, download the full article in PDF

CRAIN’S_031215_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.

Citybizlist

Winick Realty Group Leases 9,800 Square Feet to District Tap House 

richard-smithAmerican bar and bistro District Tap House signed a lease for its second location at 252 West 37th Street between Seventh and Eighth Avenues in the heart of Midtown Manhattan.

The restaurant, which offers 50 beers on tap, as well as full lunch and dinner menus, will occupy 9,800 square feet comprised of two former fabric stores that had been combined to create one wide store with more than 30 feet of frontage. Set to open by October 1, 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 Street. 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.

For more, download the full article in PDF

citybiz-030915-Winick Realty Group Leases 9,800 Square Feet to District Tap House

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.