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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.

Real Estate Weekly

Practicing the art of selling near MoMA PS1

Rendering 1_View from NortheastWinick Realty Group announced that Aaron S. Fishbein and president Steven E. Baker have been named the exclusive brokers representing a one-of-a-kind retail availability at 22-22 Jackson Avenue.

The space is located directly next to MoMA PS1 and 5Pointz residential development in Long Island City. The 5,585 s/f retail site sits at the base of 175 luxury residential units and features 24-foot ceilings, as well as floor-to-ceiling glass storefronts and up to 1,100 s/f of outdoor patio space dedicated for retail use.

The brokers believe the flagship opportunity is suited to financial institutions, established restaurants, coffee operators, apparel, gallery and other appropriate uses.

There are three retail points of entrance and customers will also be able to utilize the 200 parking spaces available in the building. Divisions will be considered.

“There has never been such a beautifully-built and prominently-located retail space in Long Island City, and nothing else on the market can compare,” said Fishbein, who is marketing the property on behalf of Gershon & Company.

“A retailer has the opportunity to position themselves near the Court Street Subway Station, which services more than six million riders annually; the 1,100-unit 5Pointz development; and MoMA PS1, located directly across the street, which sees over 150,000 visitors annually.”

Fishbein added, “Long Island City will see continued growth in the years ahead as approximately 30,000 new residential units are currently either planned or under construction in the immediate area, and this is on top of the existing office and university density.”

For more, download the full article in PDF

rew_011316_Practicing the art of selling near MoMA PS1

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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Russian café chain Stolle opening first US location in Long Island City

Falchi-building-624x416Russian café chain Stolle, which has more than 49 locations in Russia and Europe, is opening its first American shop in Long Island City.

The bakery signed a 10-year lease to set up in a 2,175-square-foot space in the Falchi building, where there are already a number of eateries, including Doughnut Plant and Juice Press.

Much like other tenants in the Falchi building, a converted warehouse at 31-00 47th Ave., Stolle will be divided into a production side and a café.

Stolle was established in Russia in 2002 and is known for its sweet and savory pies. As one of the most diverse counties in the United States, Queens has a variety of foreign eateries and was an attractive choice for the retailer, among other future locations in and around the city.

“We are particularly excited to launch our brand in New York City, where there is a true melting pot and a genuine interest in experiencing other cultures and foods,” said Irina Belska, co-owner of the Bakery Group LLC, the company bringing the Stolle brand to America.

Aaron Fishbein of Winick Realty Group represented Stolle in the transaction, and Dave Tricarico of Cushman & Wakefield represented Jamestown LP, the owner of the Falchi building.

For more, download the full article in PDF

queens courier_030415_Russian café chain Stolle opening first US location in Long Island City

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 completes a pair of retail leases at PowerHouse Condominium

50-09 2nd StreetWinick Realty Group has secured two retail leases at the base of the 177-unit PowerHouse Condominium, located at 50-09 Second Street in Long Island City, N.Y.

The 6,422-square-foot space, which landlord V Partners refurbished following Hurricane Sandy-related flooding, was divided to accommodate incoming tenant Tiger J Taekwondo and an expansion by existing building tenant Brighter Babies.

Brighter Babies, an early childhood education facility, leased an additional 3,459 sq. ft., practically doubling the size of its four-year-old location to approximately 8,000 sq. ft. Tiger J Taekwondo leased a 2,963-sq.-ft. space at the building.

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. 

 

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TF Cornerstone leases up retail at LIC development 

East Coast DevelopmentThe retail space at TF Cornerstone’s East Coast development in Long Island City has now been entirely leased, with a number of fitness and family-oriented tenants taking up residence at the waterfront project.

Steven Baker and Aaron Fishbein of Winick Realty represented the development and a number of the tenants in the deals.

At 4545 Center Boulevard, I Love Kickboxing will occupy 2,967 square feet of studio space. Jonathan Krieger of RKF represented the fitness company, which has another New York City location in Chelsea. National waxing services chain European Wax Center has also signed on for 1,252 square feet.

Children’s salon and clothing store Mimi & Mo and youth enrichment specialists New York Kids Club have also taken out leases at the building. Mimi & Mo has leased 1,239 square feet of retail space, while New York Kids Club will run its classes and fitness activities out of a 5,003-square-foot space.

Baker and Fishbein have also brought TD Restaurant Group into the fold at 4610 Center Boulevard. The company will operate a 7,733-square-foot Italian restaurant in a space behind the iconic Pepsi sign. The eatery will include a 2,200-square-foot outdoor terrace. Harris Bulow of Signature Partners represented TD in the deal.

For more, download the full article in PDF

THE REAL DEAL_062614_TF Cornerstone leases up retail at LIC development

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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Retail replacing a strip club tests Rego Park market

Rendering Final 06-04-14A new two-story retail building set to replace a shuttered strip club in Rego Park — in the shadow of Vornado Realty Trust’s four-year-old regional mega-mall — is testing how much retailers will pay for neighborhood street stores on Queens Boulevard.

It is the first new construction retail to be built in the immediate neighborhood since Vornado’s 960,000-square-foot mall Rego Center opened in 2010, an analysis of data from PropertyShark shows.

The property developer, Atlas Projects, is asking as much as $115 per square foot for the 8,095 square feet that remain available at the under-development 92-77 Queens Boulevard. The two-story, 20,000-square-foot structure with six street parking spaces, is slated to be completed in the second quarter of 2015.

The balance of the building is expected to be leased to Starbucks on the ground floor and the gym Retro Fitness on the second floor, sources familiar with the property said.

The heart of the neighborhood retail has long been the giant Queens Center Mall, owned by California-based real estate investment trust Macerich. Then in 2010, Vornado opened Rego Center, where the firm is currently adding a residential tower.

Now, several more retail redevelopment projects are expected for the neighborhood, including the Midway Theater property at 108-22 Queens Boulevard and 71st Road, in Forest Hills, that Lloyd Goldman and partners purchased last year for $20.5 million, and the St. John’s Hospital at 90-02 Queens Boulevard which is expected to be redeveloped with residential as well as retail space.

“This puts you in front of [Vornado’s] mall and new residential tower,” Robert Heicklen, who along with  Jordan Kaplan and company President Steven Baker, is representing Atlas at the property. “Aside from the malls themselves, I feel this is the best retail opportunity south of the [Long Island Expressway] down to Austin Street.”

For more, download the full article in PDF

THE REAL DEAL_060614_Retail replacing a strip club tests Rego Park market

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.