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Citybizlist

Winick Realty Group Secures Corner Downtown Brooklyn Location For Stolle Pie Shop 

aaron-fishbein-002Eastern 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 afishbein@winick.com.

For more, download the full article in PDF

citybiz-062915-Winick Realty Group Secures Corner Downtown Brooklyn Location For Stolle Pie Shop

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

Café Chain Stolle Signs First Brooklyn Deal

119 Court StreetNearly three months after announcing it would be opening its first U.S. location in Long Island City, Russian pie-maker Stolle reveals it’s heading to Brooklyn, too.

Commercial Observer has learned that Stolle has signed a sublease for part of Tio Pio‘s space at 119 Court Street at the corner of State Street in Downtown Brooklyn. The pie company, which will open in September, took 500 square feet of ground-floor retail space in a 10-year deal. The asking rent was $250 per square foot, according to Winick Realty Group.

“We are excited to be able to bring Stolle to Downtown Brooklyn,” Winick’s Aaron S. Fishbein, Stolle’s exclusive broker in New York City, said in prepared remarks. “This is a prime retail corner, surrounded by not only an incredibly strong co-tenancy—including Trader Joe’s, Maison Kayser, Barnes & Noble, United Artists [movie] theater and LensCrafters—but also a dense office and residential population.”

Tio Pio, which will operate at the location in a smaller space, was represented by Winick’s Zach Diamond and Jordan Kaplan.

In March, Stolle leased a retail and commissary space at Jamestown‘s Falchi Building in Long Island City. That commissary will service the Court Street location, as well as four additional sites that Stole is actively negotiating for in Manhattan.

“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, Stolle’s chief operating officer. “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.”

For more, download the full article in PDF

NY Observer-062615-Café Chain Stolle Signs First Brooklyn Deal

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

Triple whammy in Clinton Hill

394 myrtle aveThree national tenants have signed leases at 394 Myrtle Avenue in Clinton Hill, Brooklyn.

Starbucks Coffee Company leased 1,800 s/f, Chipotle Mexican Grill took 2,000 s/f and Invite Health leased 1,000 s/f.

Winick Realty Group’s Robert Heicklen represented Invite Health. The firm’s Diana D. Boutross represented Starbucks and Chipotle.

Winick Realty Group President Steven E. Baker exclusively marketed the 4,800 s/f site on behalf of landlord Crescent Properties.

For more, download the full article in PDF

rew_062415_Triple whammy in Clinton Hill

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

Winick tapped to market prime corner spot in East Williamsburg

66 Ainslie street pictureWinick Realty Group announced the availability of a newly-constructed corner retail space in the heart of East Williamsburg. Diana D. Boutross, Jordan Kaplan and Maxwell Podolsky are exclusively marketing the retail at 66 Ainslie Street on behalf of Slate Property Group.

“The neighborhood of East Williamsburg is booming with new residential constructions, new hotels, and an incredible mix of businesses that drive unprecedented traffic to the market,” said the broker team.

Located on the corner of Keap Street, the 4,497-square-foot retail space sits at the base of a 49-unit rental apartment building that is easily accessible to the five million riders who utilize the nearby Lorimer Street L and G train station, as well as the 160,000 vehicles that traverse the nearby Brooklyn Queens Expressway on a daily basis.

Featuring 12-foot ceiling heights and frontage on both Keap and Ainslie Streets, the retail at 66 Ainslie Street is surrounded by first-class retail that includes Sunac Natural Food, Barcade, Meat Hook Sandwich Shop, Forcella, Blind Barber, Burnside, The Saint Austere, Huckleberry Bar, Gimme Coffee, Brooklyn Cupcakes and many more. The building is located near two hotels, including a 14-story new construction that will include 188 hotel rooms, 59 apartments, underground parking and below-grade facilities for catering and more.

Boutross, Kaplan and Podolsky are eyeing a variety of uses for the retail space, including restaurants, beer gardens, fitness, childcare, and all medical related concepts. The retail availability can be divided and it will become available by the end of 2016.

For more, download the full article in PDF

rew_062515_Winick tapped to market prime corner spot in East Williamsburg

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

Spies, Harmon, King and Donegar of Eastdil Secured advise Savanna in $310 million sale; 1375 Broadway deal assisted by Heller, Silverman and Negrin of Savills Studley

1375-Broadway-exteriorSavanna, the New York-based real estate private equity and asset management firm, has completed the sale of 1375 Broadway to Westbrook Partners for $310 million. Savanna was advised by Adam Spies, Douglas Harmon, Joshua King and Adam Doneger of Eastdil Secured, as well as Woody Heller, Will Silverman and Eric Negrin of Savills Studley. Spies, Harmon, King and Doneger of Eastdil Secured also represented Westbrook.

1375 Broadway is a 510,000 s/f office building on the northwest corner of 37th St. and Broadway. Savanna acquired the property in December 2010 and completed an extensive repositioning that included a redesign of the lobby and entrance and a renovation of the façade, roof and retail storefronts. Savanna leased over 190,000 s/f during its ownership and increased rents from $22 per s/f at acquisition to low $60’s per s/f today.

The leasing team of Marty Meyer, Eric Meyer and Michael Thomas of Colliers International represented Savanna in office leasing transactions, and Steve Baker of Winick Realty represented Savanna on the retail leasing.

“Savanna has transformed 1375 Broadway into a standout office property in the Broadway corridor through our intensive repositioning along with the Colliers and Winick leasing teams’ hard work, which has paid off with a great roster of new office and retail tenants,” said Cooper Kramer, managing director at Savanna. “These tenants represent major growth industries in New York including technology, beauty and fashion. Westbrook is acquiring a high-quality asset in a great location.”

Tenants that Savanna leased to at 1375 Broadway include TD Bank, who leased the corner retail space, Smartling, Inc., a cloud-based enterprise translation management company, tarte cosmetics, the leader in high-performance natural beauty, and The Meltwater Group, a leading provider of digital intelligence and marketing solutions.

This month, Savanna signed a lease with Forest Electric, the leading single-source electrical construction & telecommunications services supplier for the New York metropolitan area. Forest Electric, a subsidiary of EMCOR Group, will occupy the entire 7th floor at the building, totaling 22,205 s/f. Ted Rotante of Colliers International represented the tenant.

For more, download the full article in PDF

NYRE Journal_062315_Spies, Harmon, King and Donegar of Eastdil Secured advise Savanna in $310 million sale

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

Smith of Winick leases 2,200 s/f retail to Expose

richard-smithExpose, Inc., a souvenir and gift shop that has operated for decades in the Times Sq. area, has signed a lease to move the business to the Financial District.

Winick Realty Group’s Richard Smith represented the retailer, who leased a corner location at 30 Vesey St., steps from the World Trade Center and 9/11 Memorial and Museum.

“Even though the hours are a little different than he is used to in Times Sq., the retailer feels that this is an amazing area for tourists,” said Smith. “The souvenir shops downtown are primarily on Broadway, not on Vesey, so he is in a great location to capture the tourists who have not already made their purchases.”

The store features 2,200 s/f of ground floor retail where Expose sells t-shirts, glasses, books and other merchandise, including more 9/11-related pieces to appeal to the downtown tourist population. In addition, the store sells suitcases in a 1,500 s/f selling basement. The storefront offers great signage and more than 50 ft. of wraparound corner frontage for catching tourists’ eyes.

“In New York City, gift stores like this are thriving right now because there are so many tourists coming to the city and spending money,” said Smith. “These types of businesses are good for landlords because they are able to pay the rents and do the daily business necessary to be successful.”

Landlord Greystone Management was represented in-house.

For more, download the full article in PDF

NYRE Journal_062315_Smith of Winick leases 2,200 sf retail to Expose

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.