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Winick Realty Group Leases Second Location for Popular West Village Filipino Taqueria

thomas-galo-print-ver-profile-0012nd City, the popular Filipino Taqueria from celebrity chef Jordan Andino, has signed a lease for its second Manhattan location at 1752 Second Avenue, between East 91st and 92nd Streets on the Upper East Side.

Winick Realty Group’s Charles Rapuano and Thomas Galo represented both 2nd City and landlord AMAC Holdings in the lease transaction, which capitalizes on the increased excitement and foot traffic brought about by the newly-completed Second Avenue Subway, which stops steps from the property.

“Ownership was looking for a cool, hip tenant to capitalize on the new vibrancy in the neighborhood brought about by the Second Avenue Subway and that is exactly what 2nd City represents,” said Galo. “Their model is built on quick service and lots of repeat business, which will really serve the office workers, students and residents nearby. 2nd City will be a great asset to an already-booming area.”

2nd City will occupy 650 square feet of ground-floor retail space when they open in Fall 2017 and they are expected to build out the restaurant with the same artsy decorations customers have come to know at their West Village location.

Galo and Rapuano are hoping to bring even more hip, casual restaurant tenants to the block as AMAC Holdings tapped them to lease the space next door at 1750 Second Avenue. This fully-vented retail space is comprised of 650 square feet on the ground floor and 400 square feet in the basement. Featuring 10 feet of avenue frontage, the space has a kitchen in place and includes a walk-in fridge.

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citybiz-071317-Winick Realty Group Leases Second Location for Popular West Village Filipino Taqueria

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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Chef of popular Filipino taqueria to open second location

Jordan AndinoUp and coming celebrity chef Jordan Andino is opening a second 2nd City — the popular West Village Filipino Taqueria — this fall at 1752 Second Avenue, between East 91st and 92nd streets.

The 650 square foot space comes with 16 seats, and an additional 400 square feet in the basement.

Andino, who started cooking when he was nine years old, is a TV personality and a former flame of Kris Jenner. He also did stint on the Kardashian’s TV show as the family’s Hamptons chef.

Andino hopes to transform 2nd City — named not after Chicago but Cebu City, the first capital of the Philippines — into a chain as Filipino food is coming out into its own.

A third location is coming in Brooklyn. Andino’s mother, a model, artist and actress who was in, “Dude, Where’s My Car,” grew up in Cebu City while his father was a Toronto chef.

Born in Toronto, raised in California and “classically trained” in Napa and New York, Andino said his goal is to put Filipino food on the Michelin map — and he is creating his own “AmAsian” style to get it there.

Winick Realty Group’s Charles Rapuano and Thomas Galo repped both 2nd City and landlord AMAC Holdings on the Second Avenue site, which is capitalizing on the increased foot traffic brought by the newly-completed Second Avenue Subway, which stops steps from the property.

“Ownership was looking for a cool, hip tenant to capitalize on the new vibrancy in the neighborhood, and that is exactly what 2nd City represents,” said Galo. “Their model is built on quick service and repeat business, which will serve the office workers, students and residents nearby.”

For more, download the full article in PDF

NY Post_071017_Chef of popular Filipino taqueria to open second 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.

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145 Vacant Storefronts an Upper East Side ‘Epidemic,’ Study Finds

hal-shapiro-258x300An “epidemic” of empty storefronts is plaguing the neighborhood — with nearly 150 vacant retail spaces clogging First, Second and Third avenues, a survey by mayoral candidate Sal Albanese found.

Albanese, who is running for mayor for a fourth time as an independent, and a couple of volunteers for his campaign surveyed a 114-block section of the Upper East Side — from 57th to 95th streets, along First, Second and Third avenues — and discovered 145 vacant shops.

Over the past few years, several neighborhood staples and mom-and-pop shops have closed up — many due to too high rents — including Mimi’s Pizza, Mon Petit Café and a number of grocery stores.

“It’s an epidemic,” Albanese, a former city councilman from Brooklyn, said on Thursday. “We had a lot of feedback from people complaining about that in their neighborhoods the local shoe repair shop or pizzeria went out. Two of my volunteers got out to survey the area and what we came up with is pretty dramatic.”

Michael Eigen, owner of Premier Cru Wine Merchants on Madison Avenue at East 86th Street, said it’s getting harder to hang on.

“With rents this high, you can’t have a bad month because there’s no margin for error,” he said in a statement. “As rent continues to increase, it is simply too difficult for me to fight this fight anymore. I have been able to navigate New York small business for over 27 years but feel that, soon, I will no longer be able to continue because there is no seeming upside.”

The Small Business Congress estimates that the city is losing roughly 1,000 small businesses per month, taking with it an average number of eight employees per business and about 8,000 local jobs every month.

Hal Shapiro, senior director of Winick Realty, said that while landlords are partially to blame for upping rents, many storefronts remain empty after eight years of Second Avenue Subway construction. The neighborhood is still catching up after the subway line’s opening in January, he noted.

“It is a lot [of vacancies],” Shapiro said. “A lot of sidewalks were closed — there were obstructions on Second Avenue, and there was an increase in the flow of pedestrian and vehicular traffic. It was very disruptive.”

He added that some landlords “priced themselves out,” but now they’re starting to “come back to reality and are more open to doing a deal,” noting that the landlords of four or five properties Shapiro works with in the area have gotten more reasonable.

“They’re becoming more creative, open and receptive to tenants’ needs and wants,” he said. “A lot of landlords want to make deals.”

For more, download the full article in PDF

DNA Info_062817_145 Vacant Storefronts an Upper East Side ‘Epidemic,’ Study Finds

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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Boxing Gym Backed by Stallone, Bieber Opening Upper East Side Outpost

rumble fitness buildingYo Adrian!

A boxing gym that counts Sylvester Stallone and Justin Bieber as investors is planning to open a location on Third Avenue by the end of the year, according to the company and reports.

Rumble, which has a location in Chelsea and is planning another in NoHo this summer, just signed a lease for 1495 Third Ave., between East 84th and 85th streets, The Real Deal reported.

Rumble will take over the entire five-story building, which used to house S Cavallo Antiques. SMA Equities bought the building last year for $18.2 million, city records show.

The new gym, which opened its first location in Chelsea earlier this year, specializes in boxing-inspired group fitness classes set to hip-hop and mood lighting, Rumble’s website says. The gym’s punching bags are actually filled with water.

The gym’s 10-year lease clocks in at about $1 million per year, Rumble spokeswoman Samantha Wenig said. She explained that the company chose the Upper East Side for its next location because the area’s demographic fits well with Rumble’s core customer.

Noah Neiman, who is a former master trainer at Barry’s Bootcamp and a cast member of Bravo’s “Work Out New York,” owns the company with Eugene Remm, Andy Stenzler and Anthony DiMarco.

Stallone invested in the company, which the New York Post called “the most anticipated group-fitness concept since SoulCycle.”

Winick Realty brokered the deal.

For more, download the full article in PDF

DNA Info_052317_Boxing Gym Backed by Stallone, Bieber Opening Upper East Side Outpost

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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Stallone-backed boxing gym Rumble inks lease for entire UES building

1495_3rd_Avenue_Sly LRRumble, the trendy boxing gym concept backed by investors such as “Rocky” star Sylvester Stallone and Justin Bieber, has inked a deal for its third Manhattan location.

The chain is leasing an entire five-story building owned by landlord Samy Mahfar at 1495 Third Avenue between East 84th and 85th streets, sources told The Real Deal. The 12,500-square-foot, 10-year deal is valued at about $1 million a year, sources added.

Rumble already has a location in Chelsea and is planning to open another in Noho this summer.

The company was founded in 2016 by Noah Neiman of Bravo’s “Work Out New York”; Eugene Remm of EMM Group, the company which owns the Meatpacking District hotspot Catch; Andy Stenzler, co-founder of Cosí; and Anthony DiMarco, a former executive at Google.

Darrell Rubens and Lee Block of Winick Realty Group represented Mahfar’s SMA Equities in the deal. Rumble was represented by Brandon Berger of RKF.

Mahfar bought the building for $18.2 million last year after its former owner and longtime tenant, the mirror and antiques shop S. Cavallo, let it fall into disrepair.

The new location is slated to open later this year.

For more, download the full article in PDF

THE REAL DEAL_052217_Stallone-backed boxing gym Rumble inks lease for entire UES building

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 Realty Group Leases Prime Upper East Side Storefront to Goodwill

1114-day-south-2Goodwill Industries, which operates 41 stores throughout New York and New Jersey, signed a lease for a new location at 1114 First Avenue in the heart of the Upper East Side.

“There was a lot of activity on this retail space and we had a lot of offers,” said Winick Realty Group Executive Vice President Darrell Rubens, “but ownership and the brokers felt that a Goodwill store would do great at this location and be a great way to give back to the community. It was a decision tha all parties involved could feel good about.”

Rubens represented the landlord Himmel + Meringoff Properties in the lease transaction along with Winick Realty Group Executive Vice President Lee Block, Associate Director Matthew Schuss and David Cohen, who represented ownership in-house. Michael Kadosh of CBRE represented Goodwill Industries.

“With a long history of serving New York City and sourcnig funding from its numerous locations around town, Goodwill has developed a reputation as a great neighbor, and we felt very good about bringing them into our property on the Upper East Side at 1114 First Avenue,” commented Leslie W. Himmel, co-managing partner of Himmel + Meringoff Properties. “We’re confident this well-proportioned and strong visibility space will provide them wih the foot traffic they’re looking for to help grow public support for their important mission.”

Formerly home to Hartstrings, the new Goodwill storefront will encompass 3,800 square feet on the ground floor and an additional 2,000 square feet in the lower level. Located on the Northeast corner of East 61st Street, the location offers Goodwill a lot of exposure to area residents, commuters and shoppers.

For more, download the full article in PDF

Mann Report – January 2017 – Winick Realty Group Leases Prime Upper East Side Storefront to Goodwill

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.