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Citybizlist

Winick Realty Group Leases First Manhattan Location for Explore & Discover 

hal-shapiro-258x300Early childhood learning center Explore & Discover signed a lease for its first New York City location at 444 Second Avenue. The 6,416-square-foot space is located on the Southeast corner of Second Avenue and 26th Street in the Kips Bay neighborhood.

Winick Realty Group broker Hal Shapiro, who serves as the exclusive broker for Explore & Discover in Manhattan, Queens and the Bronx, represented the well-regarded educational concept in the lease transaction. Landlord Henry Phipps Plaza was represented in-house by Charles Gross.

“This location had been on the market for a long time and it proved to be a perfect fit for Explore & Discover,” said Shapiro. “Everything from the layout of the store to the proximity to local schools and young neighborhood families works especially well for their brand.”

As with all of their locations, Explore & Discover “plan to be an integral part of each neighborhood we serve: a model for infant + child education and a community for parents and teachers, where each child can experience the world in wondrous ways.”

Shapiro is continuing to seek 4,000- to 6,000-square-foot sites for the 30-year-old company, which has created programs in 55 locations throughout the state of New York, Florida, Georgia and North Carolina. Potential sites should be submitted to hal@winick.com.

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citybiz-062314-Winick Realty Group Leases First Manhattan Location for Explore & Discover

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

Private Learning Center Signs Lease at Affordable Housing Complex

444-2nd-avenueA private early learning center signed a 15-year lease in a renovated 6,416-square-foot retail space on the ground floor of an affordable housing complex at 444 Second Avenue in Kips Bay, Winick Realty Group announced today.

Explore & Discover will open an eight-classroom, 80-student school for children aged 3 months to 2 years this September following a $20 million renovation last year by Henry Phipps Plaza, an owner, developer and manager of affordable housing that owns the 33-story, 247-unit building.

“This location had been on the market for a long time and it proved to be a perfect fit for Explore & Discover,” said Hal Shapiro, a Winick broker who represented the school in the deal for its first city location, in a prepared statement. “Everything from the layout of the store to the proximity to local schools and young neighborhood families works especially well for their brand.”

Mr. Shapiro said the asking rent was originally $100 per square foot, but he and Charles Gross, the in-house broker who represented Henry Phipps Plaza, said the final rent agreement was more in line with the $80 per square foot the nonprofit listed for the property.

The private school, whose website says it charges $2,791 per month for each fulltime student, has plans to expand to up to 26 locations in New York City. Officials at Winick and Phipps Plaza didn’t know whether the affordable housing tenants would receive any discounts or subsidies to send their children to the school and a spokesman for Explore & Discover didn’t return phone and email requests for an interview.

DNAinfo first reported the new school in April, but the school signed the lease for the space in mid-May, Mr. Shapiro said.

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NY Observer-062314-Private Learning Center Signs Lease at Affordable Housing Complex

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

ABS Partners leases 850 s/f to Vanguard Wine Bar

joshua-siegelman-002ABS Partners Real Estate, LLC, one of New York City’s foremost real estate services firms, has completed a 12-year lease for Vanguard Wine Bar in Kips Bay on 530 Second Avenue.

ABS Partners managing directors Dean Valentino, Jay Einbender and Mark Tergesen represented both the tenant and landlord. Ann La Centra and Josh Siegelman from Winick represented the landlord.

The 850 s/f property is a solo venture by Stefan Mailvaganam, co-owner of Bar Carrera & Custom American Wine Bar. Formerly a pizzeria, the wine bar will serve a variety of old and new world wines, specifically French and American.

“There was a great opportunity in Kips Bay’s restaurant scene for an establishment like Vanguard Wine Bar,” said Valentino. “It was designed to offer patrons a truly differentiated and international food experience that provides an alternative to the bars and pubs that are prevalent in this area.”

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NYRE Journal_032613_ABS Partners leases 850 sf to Vanguard Wine Bar

Real Estate Weekly

New Concept Rolling Out

Winick Realty Group has been appointed exclusive broker for Desi Shack, the fast-casual South Asian restaurant that has operated in Midtown East since 2011.

Currently operating at 331 Lexington Avenue, Desi Shack plans to open two more locations within the next 12 months.

The restaurant is seeking sites measuring 600 to 1,500 s/f in the Financial District, Midtown East, Midtown West, Flatiron, Union Square, the Upper East Side and the Upper West Side of Manhattan.

“We are honored to represent the Desi Shack brand as they expand their Manhattan presence,” said Winick Realty associate director Brian Tregerman, who is exclusively handling the account with Senior Managing Director Joseph Isa. “Desi Shack provides a modern, upscale look to a cuisine that is still relatively rare in New York City.”

Desi Shack’s simple menu offers unlimited choices for diners to customize their meal, which is prepared right in front of the customer.

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rew_021313_new concept rolling out

Indian-Pakistani Fast Food Joint Looks to Expand Out of Curry Hill 

The quick-style dishes at Desi Shack have become so popular among the Curry Hill office crowd that the restaurant is already looking to open two new locations only a year after opening its first store.

Desi Shack, located at 331 Lexington Ave. between 38th and 39th streets, offers South Asian cuisine served in an assembly-line style format, where customers can choose the base of their dish and the toppings to go along with it.

Since Desi Shack opened in October 2011, business has been doing so well that Ibrahim is already looking to expand in Midtown and Union Square.

Although she is still in the process of looking for spaces, Ibrahim said she is looking to open one more store before the year’s end and another soon after.

“I hear people say that they take the food back to the office, and people ask them where they got it from. I think that helps a lot,” said Yasmin Ibrahim, 33, the owner of Desi Shack.

“I like that we’re in an area with a lot of offices.”

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DNA Info_021313_Indian-Pakistani Fast Food Joint Looks to Expand Out of Curry Hill

Winick Rolls Out Made-to-Order South Asian Restaurant Concept in Manhattan

Winick Realty Group has been appointed the exclusive broker for Desi Shack, the fast-casual South Asian restaurant that has been delighting diners in Midtown East since 2011.

“Desi Shack is the result of a love for desi food, an appreciation for how differently people enjoy the cuisine, and a desire for an ‘on the go’ offering that doesn’t compromise on freshness or taste,” said Desi Shack founder Yasmin Ibrahim. Desi Shack’s simple menu offers unlimited choices for diners to customize their meal, which is prepared right in front of the customer.

“We are honored to represent the Desi Shack brand as they expand their Manhattan presence,” said Winick Realty Group Associate Director Brian Tregerman, who is exclusively handling the account with Senior Managing Director Joseph Isa. “Desi Shack provides a modern, upscale look to a cuisine that is still relatively rare in New York City.”

Currently operating at 331 Lexington Avenue, Desi Shack plans to open two more locations within the next 12 months. The restaurant is seeking sites measuring 600 to 1,500 square feet in the Financial District, Midtown East, Midtown West, Flatiron, Union Square, the Upper East Side and the Upper West Side of Manhattan.

Applicable sites may be submitted to joseph@winick.com or brian@winick.com.

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mann newswire-020613-Winick Rolls Out Made-to-Order South Asian Restaurant Concept in Manhattan