Winick Realty Group Secures Corner Downtown Brooklyn Location For Stolle Pie Shop
Eastern European café chain Stolle signed a lease for its first Brooklyn location, securing 550 square feet of prime ground-floor retail space with 40 feet of all-glass corner frontage at 119 Court Street on the corner of State Street in Downtown Brooklyn.
“We are excited to be able to bring Stolle to Downtown Brooklyn,” said Winick Realty Group’s Aaron S. Fishbein, Stolle’s exclusive broker in New York City, who represented the bakery in the 10-year lease transaction. “This is a prime retail corner, surrounded by not only an incredibly strong co-tenancy—including Trader Joes, Maison Kayser, Barnes and Nobles, United Artists Theatre and Lenscrafters—but also a dense office and residential population.”
Earlier in 2015, Fishbein leased a retail and commissary space for Stolle at Jamestown LP’s Falchi Building in Long Island City. That commissary will service the Court Street location, as well as four additional sites that Fishbein is actively negotiating in prime Manhattan markets. Like the Court Street market, these Manhattan sites feature strong demographics that lend themselves to a healthy three-part business opportunity—breakfast, lunch and dinner, as well as a robust delivery business.
“Stolle prides itself on incredibly fresh products and thanks to 119 Court Street’s proximity to our Long Island City commissary, we will be able to bring in fresh pies three to four times a day,” said Irina Belska, who is spearheading the effort to bring the Stolle brand to America. “Being able to occupy a prime retail corner in an area with so many business drivers aligns with our business model and meets our many site requirements. We look forward to working with Winick Realty Group to lease additional locations as the Stolle brand expands into New York City.”
Set to open in September 2015, Stolle’s new storefront is a corner division of Tio Pio, the sublessors on the space, who were represented by Winick Realty Group’s Jordan Kaplan and Zach Diamond.
“Our client is extremely happy to welcome Stolle to the building,” said Diamond. “They will be a wonderful complement to the neighborhood and they look forward to being successful together.”
Stolle continues to seek sites in Manhattan ranging from 300 to 700 square feet. Venting and basement space are not required. Potential sites should be sent to firstname.lastname@example.org.
For more, download the full article in PDF
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.