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Real Estate Weekly

Papyrus to open Tribeca store

papyrus 2SCG Retail announced the signing of a 1,000 s/f lease for Papyrus at 149 Reade Street between Hudson and Greenwich Street in Tribeca.

The lease was signed in mid-June and Papyrus hopes to open by the end of the summer.

According to Jacqueline Klinger, lead broker for SCG Retail, who represented Papyrus, “Tribeca was a challenge because the rents have risen a lot over the past few years and because most of the buildings are older, the spaces are much larger than Papyrus needed. 149 Reade Street was the perfect size, in great condition, and at a rent that made sense.”

Based in the Bay Area, Papyrus now has over 450 stores and operates several brands including Papyrus, NIQUEA.D, Carlton Cards Retail and American Greetings Retail. This marks Papyrus’s 19th NYC store.

The site was previously a Petticoat Lane. The area also includes a Whole Foods, Sweetgreen, and Christina Lehr.

149 Reade is owned by Ascot Properties NYC, LLC and was represented by Josh Siegelman of Winick Realty. Taryn Brandes of SCG Retail also represented the tenant.

For more, download the full article in PDF

rew_073015_Papyrus to open Tribeca store

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 Bisnow

This Week’s NY Deal Sheet

schnippersSchnipper’s signed a 3,300 SF lease at 120 Church St. Winick Realty Group’s Steven Baker repped the eatery. RKF’s Ross Berkowitz and Andrew Stern repped the landlord, Clipper Equity.

For more, download the full article in PDF

real estate bisnow 07-28-15

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

Klinger and Brandes of SCG lease 1,000 s/f to Papyrus

papyrusSCG Retail has signed a 1,000 s/f lease for Papyrus at 149 Reade St. between Hudson and Greenwich St. in TriBeCa. The leased was signed in mid-June and Papyrus hopes to open by the end of the summer.

Jacqueline Klinger, lead broker for SCG Retail, who represented Papyrus, said, “TriBeCa was a challenge because the rents have risen a lot over the past few years and because most of the buildings are older, the spaces are much larger than Papyrus needed. 149 Reade St. was the perfect size, in great condition, and at a rent that made sense.”

Based in the Bay Area, Papyrus now has over 450 stores and operates several brands including Papyrus, NIQUEA.D, Carlton Cards Retail and American Greetings Retail. This marks Papyrus’s 19th New York City store.

The site was previously a Petticoat Lane. Papyrus is taking possession soon. The area also includes a Whole Foods, Sweetgreen, and Christina Lehr.

149 Reade is owned by Ascot Properties NYC, LLC and was represented by Josh Siegelman of Winick Realty. Taryn Brandes of SCG Retail also represented the tenant.

For more, download the full article in PDF

NYRE Journal_072815_Klinger and Brandes of SCG lease 1,000 sf to Papyrus

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

Downtown deal for Schnippers

120 Church StreetSchnippers, the fast casual eatery with four Manhattan locations, has signed a lease for approximately 3,300 s/f of ground-floor retail at 120 Church Street.

“120 Church Street is a unique and dynamic location for Schnippers, putting them in close proximity to Tribeca and the City Hall area, as well as just a few blocks from the World Trade Center,” said Winick Realty Group president Steven E. Baker, who represented Schnippers.

The restaurant, located between Park Place and Murray Street, is scheduled to at the end of 2015.

It will be Schnippers second downtown location, having recently opened at the concourse at One New York Plaza in a deal that was also brokered by Baker.

“We are thrilled to expand to the vibrant World Trade Center area with our fifth location and are excited to be a part of the Renaissance of Downtown,” said Andrew Schnipper, founder and owner of Schnipper Restaurants.

Along with his brother Jonathan, Schnipper was founder and owner of Hale & Hearty Soups from 1995 to 2006. The Schnippers restaurant chain currently operates in the New York Times Building on 41st Street, the Credit Suisse headquarters on 23rd Street, and the REBNY headquarters at Lexington Avenue.

Landlord Clipper Equity was represented by Ross Berkowitz and Andrew Stern of RKF.

For more, download the full article in PDF

rew_072115_Downtown deal for Schnippers

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 Fifth New York Location for Schnippers 

steven-baker-258x300Schnippers, the well-known fast casual eatery with four Manhattan locations, signed a lease for approximately 3,300 square feet of ground-floor retail at 120 Church Street.

“120 Church Street is a unique and dynamic location for Schnippers, putting them in close proximity to Tribeca and the City Hall area, as well as just a few blocks from the World Trade Center,” said Winick Realty Group President Steven E. Baker, who represented Schnippers in the lease transaction. “I expect that they will be very successful here.”

The restaurant, located between Park Place and Murray Street, is scheduled to open by the end of 2015. It will be Schnippers second downtown location, having recently opened at the concourse at One New York Plaza in a deal that was also brokered by Baker.

“We are thrilled to expand to the vibrant World Trade Center area with our fifth location and are excited to be a part of the Renaissance of Downtown,” added Andrew Schnipper, founder and owner of Schnipper Restaurants.

Along with his brother Jonathan, Schnipper was founder and owner of Hale & Hearty Soups from 1995 to 2006. The Schnippers restaurant chain is known for serving “good old-fashioned American food” such as burgers, hot dogs, salads and shakes. They currently operate restaurants in the New York Times Building on 41st Street and Eighth Avenue, the Credit Suisse headquarters on 23rd Street and Madison Avenue, and the REBNY headquarters at Lexington Avenue and 51st Street, in addition to the new 1 New York Plaza location.

Landlord Clipper Equity was represented by Ross Berkowitz and Andrew Stern of RKF.

For more, download the full article in PDF

citybiz-072115-Winick Realty Group Leases Fifth New York Location for Schnippers

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

Schnipper’s Restaurant to Open Location Near World Trade Center

120 Church StreetHere’s what’s cooking Downtown.

American-style chain eatery Schnipper’s Quality Kitchen is opening a Tribeca location two blocks from the World Trade Center site, Commercial Observer has learned.

The restaurant known for its burgers, hot dogs, salads and shakes, signed a lease for a 3,300-square-foot ground-floor space at the 21-story mixed-use building at 120 Church Street between Park Place and Murray Street, which is owned by Brooklyn-based Clipper Equity.

The asking rent was $150 per square foot, according to Winick Realty Group, which handled the transaction for the tenant. The length of the lease was not disclosed, and the new location is set to open by the end of 2015.

A fast-growing rival to popular burger joint Shake Shack, it will be the fifth Schnipper’s location in the city, as well as its second spot Downtown—its first being located at 1 New York Plaza in the Financial District.

“[The building at] 120 Church Street is a unique and dynamic location for Schnipper’s, putting them in close proximity to Tribeca and the City Hall area, as well as just a few blocks from the World Trade Center,” Steve Baker, the president of Winick Realty Group, said in prepared remarks. “I expect that they will be very successful here.”

Brothers Jonathan and Andrew Schnipper opened the first Schnipper’s restaurant in 2009 at the base of the New York Times Building on 41st Street and Eighth Avenue. There are also locations at 15 East 23rd Street where Credit Suisse is headquartered, and the Real Estate Board of New York headquarters at 570 Lexington Avenue.

Landlord Clipper Equity, which purchased the building for $262 million in December of last year, was represented by Ariel Schuster of RKF and colleagues Ross Berkowitz and Andrew Stern.

“The amount of energy and foot traffic in this location will make this a great spot for Schnipper’s,” Mr. Schuster said. “This New York City favorite will now be able to service Downtown visitors and office workers and become an integral part of the local dining landscape.”

Other notable tenants at 120 Church Street include fitness club Equinox, Starbucks, Amish Market and Apple Bank.

For more, download the full article in PDF

NY Observer-072015-Schnipper’s Restaurant to Open Location Near World Trade Center

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.