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Winick Realty Group Leases First Showroom for Innovative Hair Care Start-Up Function of Beauty

Function of Beauty, a New York-based startup that uses a proprietary algorithm to create personalized shampoos and conditioners, has signed a lease at 355 West Broadway, located between Broome and Grand Streets in the heart of SoHo.

The company, which was founded by MIT graduate Zahir Dossa in December 2015, will occupy the building’s fourth and fifth floor duplex with office space and an exclusive showroom. Each floor measures 1,100 square feet, including an outdoor patio, and a dedicated elevator that provides access to each floor, making it possible for Function of Beauty to bring customers into the showroom without walking them through the office space. Ownership gut renovated the building, creating an all-glass window line on the front and rear of the upper floors that brings striking natural light into the space.

“Function of Beauty spent six months searching for the perfect brick-and-mortar location. First they focused on ground-floor retail sites but soon realized that a showroom like this would not only befit the exclusive, by-appointment nature of their business but also give them an eye-catching, Instagram-worthy space that is well-suited for such a social media-savvy brand,” said Daniyel Cohen, an associate at Winick Realty Group.

Cohen represented Function of Beauty along with Winick Realty Group President Steven E. Baker, while Winick Realty Group’s Executive Vice President Lee Block represented landlord Quality Capital.

Function of Beauty is expected to open their office and showroom in Fall 2017, when clients will be able to come in for appointment-only consultations that result in up to 12 billion different shampoo and conditioner formulations.

“With Function of Beauty, we are able to take an industry that has been stagnant for many years and turn it into something personalized and experiential for our customers,” said Dossa. “Having this showroom allows our customers to get a first-hand look at how their individualized hair care products are formulated in ways that celebrate their unique hair type and beauty goals.”

Along with colleagues Renee Tabache and Spencer Bowers, Block is continuing to market the remaining retail and showroom space in the five-story building, seeking tenants who will complement Function of Beauty, as well as the surrounding SoHo shopping district. The 2,100-square-foot, ground-floor retail space features an exposed brick interior with an open layout and no columns, as well as prominent flagpole signage. On the second and third floors, up to 3,600 square feet of showroom space is available with outdoor terraces on each floor, a new elevator and a fully built-out space ready for a tenant to move in once a lease is signed.

For more, download the full article in PDF

citybiz-103017-Winick Realty Group Leases First Showroom for Innovative Hair Care Start-Up Function of Beauty

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.

Citybizlist

Winick Realty Group Leases Retail at 71 Broadway to Biscuits & Bath

Biscuits & Bath, the only full-service dog care business in New York City with eleven locations throughout Manhattan, has signed a lease for its first Lower Manhattan location at the base of 237 apartments at 71 Broadway.

The location, which is set to open in early 2018, will be situated across from the incoming Whole Foods and in close proximity to Dean & Deluca, both of which are indicators of the strong residential population that will make up Biscuits & Bath’s customer base, according to Winick Realty Group’s Matthew Schuss. The Biscuits & Bath location will offer a full range of dog care services—including day care, boarding, dog walking, grooming, training, veterinary care and transportation—as well as sell retail products.

“Over the last 10 years, Lower Manhattan has experienced an incredible residential boom with more than 60,000 people currently living down there and more coming every year,” said Schuss. “However, the abundance of landmarked buildings left few opportunities for the retail services that these residents require, making Biscuits & Bath a much-needed amenity for not only the building but for the entire neighborhood.”

Biscuits & Bath leased 3,100 square feet of space that had previously been home to The Factory Shoe Outlet for 60 years. Its location offers an entrance on Broadway in the heart of Downtown Manhattan, allowing the location to pull customers from as far west as the West Side Highway and as far east as the FDR Drive. The landmarked building, which was built in the 1800s and housed the flagship offices for the United States Steel Corporation, was one of the first residential conversions to take place in Lower Manhattan in the 1990s.

Schuss and Winick Realty Group executive Darrell Rubens represented both Biscuits & Bath and landlord Equity Residential in the lease transaction.

For more, download the full article in PDF

citybiz-072417-Winick Realty Group Leases Retail at 71 Broadway to Biscuits & Bath

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.

Citybizlist

Winick Realty Group Expands Its Commercial Real Estate Efforts With Addition of Investment Sales and Commercial Leasing Division

elana-tsyganko-print-ver-profile-001Winick Realty Group, founded in 1982 as the second-ever commercial leasing firm solely focused on retail, has announced an expansion of its commercial real estate efforts for the first time in its 35-year history.

The firm has hired David Workman, formerly Executive Managing Director of Savitt Partners, to lead a team of brokers who will handle investment sales, office leasing, 1031 exchanges, land sales and a host of other commercial real estate services on a local, national and international basis. The new investment sales and commercial division will leverage Winick’s existing retail relationships, as well as harness the incredible analytics and data efforts led by Executive Vice President Kenneth Hochhauser, in order to bring new, expanded levels of service to the Winick Realty Group brand.

“Our vision is to expand upon and establish even more resources, such as investment, acquisitions, dispositions and commercial leasing, within the array of services this iconic firm already provides,” said Workman. “For more than three decades, they have specialized in retail leasing and now, with this new department, landlords and tenants alike can also take advantage of an expertise in all aspects of commercial real estate in both the leasing and sales arenas. We are excited to add additional services for the company to offer their clients.”

Workman comes to Winick Realty Group with more than 30 years of experience, during which time he has been involved in investment sales and leasing transactions valued over $1 billion. His career has run the gamut from commercial leasing to investment sales to the sale of land and air rights. Over the course of his career, Workman executed multiple 1031 exchanges in New Jersey, Florida and New York, among others. Workman acted as buyer broker for a foreign investment group in the acquisition of two off-market downtown office buildings at 67 Broad Street (now 75 Broad Street) and 39 Broadway, totaling approximately 1.2 million square feet. He sold seven supermarkets and five CVS locations totaling approximately 400,000 square feet in Georgia, South Carolina and North Carolina to The Rosen Organization, as well as 1,000 acres of land at the Tennanah Lake Golf & Tennis Club in Roscoe, NY to one of the largest landlords in Palm Beach. Workman represented Pace University in the off-market acquisition of 100,000 square feet at 106 Fulton Street; sold more than 100,000 square feet of air rights at 310 West 52nd Street to Sant Chatwal, the developer of the Dream Hotel; and oversaw the marketing and eventual sale of 80-90 Livingston Street, a multi-use building comprised of existing retail and residential units with development rights in Brooklyn.

On the commercial leasing side, Workman has successfully completed commercial leasing efforts on behalf of Wilhelmina Models, Fiduciary Trust, First Investors, Metromedia, Masco Corporation, Met Life, Zurich Reinsurance and many others. Coincidentally, the only retail deal Workman has ever completed was with Winick Realty Group, having worked with Executive Vice President Darrell Rubens a decade ago to lease more than 23,000 square feet to Gold’s Gym at 90 John Street.

“I was incredibly impressed with Darrell and Winick Realty Group at the time and now, ten years later, joining Winick Realty Group myself, I feel that things have really come full circle,” said Workman. “It’s a sign that this partnership was meant to be.”

Workman leads a team that includes new hires Elana Tsyganko and Max Kostikov, both of whom come to Winick with more than six years of commercial leasing and sales experience, as well as salesperson Matthew Schwartz. Derek Weinberger, who has been an Investment Sales Associate at Winick Realty Group since 2015, where he focuses on properties in New York City and Long Island, will now be working with Workman as well. The team brings together years of experience in real estate investment and deal structuring and they are poised to take on any job required to give their clients the insight and expertise they need.

“I am honored to join Winick Realty Group in this effort and I am heartened to know that I have their full support,” said Workman. “I like the fact that CEO Jeff Winick and President Steven Baker, along with all of the partners here at Winick Realty Group, believe in what we are doing and they are completely behind us. One of the most attractive things about this new venture is being able to have the support of a cutting-edge, market-savvy team. Given the immediate reaction of the entire Winick organization in bringing their potential business opportunities and relationships, we expect to be very busy.”

“It is a pleasure to welcome David Workman and our entire new commercial leasing and investment sales team as they lead Winick Realty Group into its next chapter,” said Steven E. Baker, President of Winick Realty Group. “We look forward to being able to offer our clients a full range of commercial leasing and investment sales services and I am confident we have the right team in place to make this new division a great success.”

For more, download the full article in PDF

citybiz-071717-Winick Realty Group Expands Its Commercial Real Estate Efforts With Addition of Investment Sales and Commercial Leasing Division

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.

Citybizlist

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.

For more, download the full article in PDF

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.

Citybizlist

Winick Realty Group Named Exclusive Broker for Two Prime Restaurant Spaces on Behalf of the Brodsky Organization

16 Amsterdam - StorefrontWinick Realty Group President Steven E. Baker and Director Charles Rapuano announced that they have been named the exclusive brokers representing two prime restaurant-ready spaces in the Brodsky Organization’s Manhattan retail portfolio.

The retail at 104 Eighth Avenue is a rare opportunity for a brand to position itself across from Google’s 2.9-million-square-foot New York headquarters. Located between West 15th and 16th Streets in the heart of Chelsea, the storefront consists of 1,250 square feet on the ground floor with 13-foot ceilings and a kitchen already in place. An incoming tenant will be surrounded by a rapidly-changing co-tenancy that includes Just Salad, Caffe Bene, Liquiteria, Bar Works and Juice Press. In addition, the building is situated within walking distance of Chelsea Market, the Maritime Hotel and all major forms of transportation.

In the heart of the Lincoln Center area, the retail at 16 Amsterdam Avenue is coming to market for the first time in 15 years. Currently the Olympic Flame Diner, this vented retail space is located on the Southwest Corner of West 60th Street, steps from John Jay College, Mount Sinai West and Columbus Circle. The property features 2,900 square feet on the ground floor with 50 feet of wraparound frontage and a 250-square-foot enclosed sidewalk cafe, as well as 1,500 square feet in the lower level. An incoming tenant will be part of a growing, affluent residential neighborhood that includes co-tenants such as Vanguard Wine Bar and Soul Cycle.

“We are pleased to once again be working on behalf of the Brodsky Organization to lease two of the best restaurant spaces currently on the market,” said Baker. “These prime availabilities are located in two of the most dynamic neighborhoods in Manhattan and we look forward to adding new value to these buildings and blocks with the incoming tenants.”

For more, download the full article in PDF

citybiz-061817-Winick Realty Group Named Exclusive Broker for Two Prime Restaurant Spaces on Behalf of the Brodsky Organization

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.

Citybizlist

Winick Realty Group Brings Exclusive Colombian Coffee Roaster to TF Cornerstone’s 300 Livingston Street

300 livingstonThe retail at 300 Livingston Street is poised to draw from such diverse populations as office workers; shoppers from the Fulton Mall; upscale residents from the thousands of new constructions in the neighborhood; students from nearby universities and MetroTech; and tourists populating the area’s many hotels, including the new Ace Hotel that is set to open across the street.

“The building at 300 Livingston Street is uniquely situated between two of Brooklyn’s fastest-growing neighborhoods and, specifically, it is positioned on the traffic path that leads Boerum Hill residents to the many area train stations,” said Winick Realty Group President Steven E. Baker. “This accessibility helped draw Devocion to 300 Livingston Street and will help to make them a staple to the neighborhood.”

Baker, along with Winick Realty Group’s Aaron S. Fishbein and Daniyel Cohen, represented landlord TF Cornerstone. Devocion was represented by Covell Consulting.

“We are proud to welcome Devocion to 300 Livingston Street,” said Steve N. Gonzalez, director of retail leasing at TF Cornerstone. “They offer a unique concept that will greatly serve the 714 residential units in the building, as well as the ever evolving retail landscape of Downtown Brooklyn and Boerum Hill.”

Founded in 2006 in Colombia and then brought to New York in 2013, Devocion’s second Brooklyn location, which will open in late 2017, will occupy the prime corner location of the building at Livingston and Bond Streets. The street level space boasts 17-foot ceilings, as well as eye-catching, all-glass corner frontage.

The new 40-seat café will offer the brand’s trademark farm-fresh direct trade coffee, in addition to a variety of in-house freshly baked pastries and sandwiches. With a network of over 400 microlot farms throughout Colombia, Devocion is the only true farm-to-table coffee roaster serving the freshest coffee in the U.S. as they overnight their beans from Bogota to their Williamsburg showroom via FedEx for roasting in as little as 10 days from “green state.”

“Our second New York location is, to some degree, more important than our first, so I am excited to have found such a great location in Brooklyn that is evolving quickly,” said Steven Sutton, founder of Devocion. “We are thrilled to have found a landlord that understands the needs of their tenants and look forward to servicing all of the residents at 33 Bond, as well as those customers from all around the area.”

Baker, Fishbein and Cohen are continuing to market the remaining retail at 300 Livingston Street, which ranges from 1,500- to 5,500-square-foot spaces. They are actively speaking with a variety of similarly-upmarket retailers—including artisanal food services, pantry operations, home goods and high-quality restaurants—who will create a strong co-tenancy for the building.

For more, download the full article in PDF

citybiz-061917-Winick Realty Group Brings Exclusive Colombian Coffee Roaster to TF Cornerstone’s 300 Livingston Street

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.