The Brooklyn Real Estate Roundtable was recently held at the Brooklyn Historical Society in Brooklyn Heights. David Kramer of The Hudson Companies, a member of the Roundtable Steering Committee and chair of the event mentioned several bright points in Brooklyn retail estate, among them the success of retailer Ricky’s, where the lines were out the [...]
Pharmacy makes U turn in Gravesend Winick Realty Group announced that Morris Fatiha Pharmacy signed a lease to open at 802 Avenue U, between East Eighth and Ninth Streets in the Gravesend neighborhood of Brooklyn. The store will encompass 1,200 square feet on the ground floor and is slated to open in the first quarter [...]
Austin Nichols Now Formally Protected by Trust for Architectural Easements The Austin, Nichols & Co. Warehouse in Williamsburg, which almost became a city landmark two years ago, is now formally protected. First reported in The New York Times on Sunday, the owner of the property has donated a deed of easement to the Trust for [...]
TJ Maxx Renews 64,136-SF Lease on Ave. of the Americas Winick Realty Group Completes 15-Year Deal TJ Maxx renewed its 64,136-square-foot lease at 620 Avenue of the Americas in New York. Winick Realty Group signed the retailer to a 15-year deal. The seven-story, 663,948-square-foot office/retail building was built in 1896 in the Chelsea submarket. Other [...]
Gravesend in Brooklyn nets a druggist Morris Fatiha Pharmacy targets area’s Syrian residents. Morris Fatiha Pharmacy recently signed a five-year deal for 1,200 square feet at 802 Avenue U, at East Eighth Street, in the Gravesend section of Brooklyn. The asking rent was $45 a square foot. Owner Morris Fatiha, who is Syrian, chose the [...]
BUCKING THE TREND Meatpacking District continues its gentrification The Meatpacking District area is thriving with new stores, new deals and new developments. The area’s scruffiness continues to get polished as high-end storefronts continue to fill in along 14th Street, leaving the biggest complaint the difficulty in navigating the rough sidewalks and cobblestone streets in high [...]
Winick bringing two SoHo spaces to market Winick Realty announced that it has been appointed the exclusive leasing agent for two retail spaces in SoHo. The first space at 425 Broadway, between Canal and Howard Streets, consists of 2,500 s/f on the ground floor and 2,500 s/f on the lower level. This space is on [...]
ICSC PART DEUX Day Two of the International Council of Shopping Centers’ annual New York national conference was humming with exhibitors and deal makers. We visited some booths to get takes on — and plans for — this market. The lovely ladies of Winick Realty, Victoria Juharyan, Amanda Scoblick, Kelly Gedinsky and Jennifer Lopez, helped [...]
Smaller, upstart chains aim to take a bigger bite out of the Big Apple Even in the epicenter of the financial melt-down, smaller operators in New York are stepping up growth plans, finding friendlier landlords, better deals and extra perks as major national chains continue to shutter stores or slash expansion plans. Famed Brooklyn pizzeria [...]
Notable Deals Cohen Financial arranged a $26.9 million credit facility for Emerald Grande, a mixed-use property in Destin, Fla. The property contains 280 condominium hotel units and 48,647 square feet of retail space… Marcus & Millichap Real Estate Investment Services negotiated the sale of a 129,346-square-foot Sam’s Club ground lease in Citrus Heights, Calif., from [...]
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ICSC Spring 2011 Showcase Magazine
