Currently viewing the category: "Third Quarter 2008"

Crown Retail Services, Winick Realty Arrange 15,000 SF Retail Lease on Upper Westside

Duane Reade has committed to the last remaining retail space at The Corner at 72nd and Broadway on Manhattan’s Upper Westside.

The drug store chain will occupy approximately 15,000 square feet of space on the second floor of the new residential rental development, located on the corner of 72nd Street and Broadway.

The Crown Retail Services team represented Philips International and Rhodes NY, the developers of the property, in the long-term transaction. Jeffrey Winick of Winick Realty represented Duane Reade in the deal.

“There was an extensive search for the right tenant to occupy this final space,” said Brittany Bragg, Chief Operating Officer of Crown Retail Services. “The addition of Duane Reade not only provides a valuable amenity to the residents of the luxury rental tower, but to the entire neighborhood.”

Duane Reade, the largest drug store chain in the metropolitan New York City area and part of the Walgreens family of companies, continued its strategic expansion with this new transaction. The property’s additional anchor tenants include the  Trader Joe’s market and a Bank of America branch office.

For more, download the full aticle in PDF

citybiz-081110-Crown Retail Services, Winick Realty Arrange 15,000 SF Retail Lease on Upper Westside

The Empire State Building, undergoing a half-billion dollar capital improvements program, signed a new retail tenant: An AT&T Mobility store that will occupy 2,733 square feet.

CB Richard Ellis’ Andrew Goldberg, Matthew Chmielecki and Eric Gelber repped the landlord, W&H Properties.

Winick Realty’s Steven Baker repped the tenant.

For more, download the full article in PDF

NYP_093008_att

Russians take aim at TriBeCa

International Art Center, a Russian gallery that features contemporary works, recently signed a five-year lease for 2,300 square feet on the ground floor of 49 Walker St., between Broadway and Church Street.

The asking rent was $78 a square foot. The lease includes the basement, to be used for video screenings, and a five-year option to renew.

This will be the company’s first U.S. exhibition space. The tenant also plans to stage performance events there. The aesthetics of the new location—a former garment shop with high ceilings—is perfect, said Steve Rappaport, the Sinvin Realty senior director who represented landlord Mordechai Lipkis.

“It’s an opportunity to be on an emerging TriBeCa block,” said Mr. Rappaport, noting that the location is near the gallery’s customer base of affluent downtowners.

International Art Center plans to open in early 2009 after extensive construction.

Winick Realty Group broker Annie Shinn negotiated on behalf of the center’s owners, Nina Zaretskaya and Madino Stepanchenko.

For more, download the full article in PDF

Crain’s_093008_internationalartcenter

Winick Realty Leases Retail Spaces at 502 Metropolitan

While compiling the information on all the Union Avenue developments in Williamsburg (see article above), the Eagle learned that Winick Realty Group has negotiated a lease on behalf of Duane Reade for a prime retail space at 502 Metropolitan Ave., a new mixed-use residential building yet to be constructed.

Duane Reade is taking a 1,290-square-foot ground floor space fronting on Keap Street plus 10,600 square feet on the lower level.

“We are still marketing the other space — 1,300 square feet on the ground floor facing Metropolitan Avenue, which includes 14,000 square feet on the lower level,” said Amanda Scoblick, director of retail services for Winick, who said the Winick team has been speaking with grocery stores, health clubs and electronics retailers, among others.

“The neighborhood needs a supermarket. It’s definitely under-retailed with regard to a large-scale market,” she said.

There is a Sunac Natural Market nearby, but that is smaller and considered more of a gourmet market, she explained.

For more, download the full article in PDF

Brooklyn Daily Eagle_092208_Winick Realty Leases Retail Spaces at 502 Metropolitan

 

Brooklyn’s Second Ricky’s Opens in Williamsburg 

Winick Realty Group reports that Ricky’s, the “beauty shop specializing in fashion accessories, beauty supplies and cosmetics,” has signed a lease for a store in Williamsburg. 

The 2,000-square-foot store, Brooklyn’s second Ricky’s, will be on Williamsburg’s main shopping corridor at 191-193 Bedford Ave., between North Sixth and North Seventh streets. Ricky’s was represented by Adam Stupak of Winick, who acted as the exclusive leasing agent of the trendy retailer. The property owner was represented by Steven Rock of the Carlton Group and David Rosenberg of RKF. 

“Ricky’s name is synonymous with style and funky sophistication,” said Stupak. “Trendy Williamsburg is a perfect neighborhood for them. Ricky’s is already in Downtown Brooklyn [on Montague Street in Brooklyn Heights] and we are looking in Park Slope.” 

Stupak said the retailer was also planning to roll-out 16 temporary Halloween stores throughout the tri-state area in the next few weeks. 

Ricky’s products range from accessories to Halloween costumes, from professional hair care to temporary tattoos. Currently the company has 17 locations in Manhattan, one in Brooklyn, two on Long Island and one in Florida. 

The new Ricky’s locations are part of a nationwide expansion plan with an expected launch schedule of 10 new locations annually. 

For more, download the full article in PDF 

Brooklyn Daily Eagle_091908_Brooklyns Second Rickys Opens in Williamsburg 

Ricky’s beauty shop adds to funky Williamsburg look

Winick Realty Group announced that Ricky’s, the ‘beauty shop’ specializing in fashion accessories, beauty supplies and cosmetics, has signed a lease for a store in Williamsburg.

The 2,000 s/f store will be located on Williamsburg’s main shopping corridor at 191-193 Bedford Avenue, between North Sixth and North Seventh streets.

Ricky’s was represented by Adam Stupak of Winick Realty, who acts as the exclusive leasing agent of the trendy retailer.  The property owner, RedSky Capital was represented by Steven Rock of the Carlton Group and David Rosenberg of RKF.

“Ricky’s name is synonymous with style and funky sophistication. Trendy Williamsburg is a perfect neighborhood for them. Ricky’s is already in Downtown Brooklyn and we are looking in Park Slope. We are also rolling-out 16 temporarily Halloween stores throughout the tri-state area,” commented Adam Stupak.

Ricky’s has been ‘a part of New York’s urban chic culture for nearly two decades’. Their products range from accessories to Halloween costumes, from professional hair care to temporary tattoos. Currently the company has 17 locations in Manhattan, 1 in Brooklyn, 2 in Long Island, and 1 in Florida.

In addition to Ricky’s locations throughout NYC, the retailer has initiated a nation-wide expansion plan.

For more, download the full article in PDF

rew_091708_ricky