Currently viewing the tag: "City Biz"

Citybizlist

Winick Realty Group Leases Flatiron Retail Space to Highly-Regarded French Restaurant Le Coq Rico 

melinda-miller-web-ver-profile-001Popular French restaurant Le Coq Rico, which famously serves up its iconic fare in Montmartre, France, signed a lease for its first U.S. location at 32 East 20th Street, between Park Avenue South and Broadway in Manhattan’s Flatiron District. The storefront, which includes 3,000 square feet on the ground floor and 1,800 square feet in the storage basement, had previously housed No Idea Bar and the Copy Center.

“This particular block in the Flatiron District is home to some of the city’s most iconic restaurants, headed by some of the most respected chefs in the industry,” said Winick Realty Group’s Melinda Miller. “This stretch of East 20th Street is home to Gramercy Tavern, Il Mulino Trattoria, Beechers Cheese Shop and MariVanna, and Chanterelle is coming soon. Le Coq Rico will be a fine addition. This location benefits from dense residential and daytime populations, as well as its close in proximity to Union Square.”

Miller and her associate Ross Burack represented landlord Walter Samuels in the long-term lease transaction, while Michael Cohen and Benjamin Birnbaum of Newmark Grubb Knight Frank represented the restaurant.

For more, download the full article in PDF

citybiz-040714-Winick Realty Group Leases Flatiron Retail Space to Highly-Regarded French Restaurant Le Coq Rico

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 Exclusively Markets the Retail at 95 Madison 

95 Madison AvenueWinick Realty Group announced the availability of a multi-level retail opportunity at 95 Madison Avenue, located between East 28th and East 29th Street in the heart of Madison Square’s furniture district.

Winick Realty Group President Steven E. Baker, Executive Vice President Darrell Rubens and brokers Ross Burack and Jeremy Schwartz are marketing the space, which sits at the base of the Emmet Building, a 100-year-old architectural gem. The impeccably-maintained building boasts many of its original features, including soaring 17’ 4” ceilings on the 4,000-square-foot ground floor. Along with the ground floor, Winick Realty Group is marketing a 435-square-foot mezzanine, as well as the second and third floors, each of which measures 8,060 square feet. Additional contiguous floors are also available.

“The Emmet Building is surrounded by an impressive roster of retailers, including Fendi, Natuzzi and DDC,” said Baker. “We envision this site as a great opportunity for a high-end furniture retailer to lease all three floors and create a brand headquarters with a showroom or design center component.”

The retail at 95 Madison Avenue is subject to 24/7 foot traffic as it is surrounded by many of the area’s top hotels—including the Nomad Hotel, Flatiron Hotel, Gansevoort Hotel and Virgin Hotel, which is currently under construction—as well as new residential developments including One Madison Park and 10 Madison West.

For more, download the full article in PDF

citybiz-032514-Winick Realty Group Exclusively Markets the Retail at 95 Madison Avenue

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

Himmel & Meringoff Signs Lease With Exclusive Children’s Apparel Retailer On First Avenue 

1114-exterior-photoHimmel & Meringoff is pleased to announce it has signed a long-term lease with a prominent children’s apparel retailer following a successful four-month ‘pop up’ experiment at 1114 First Avenue.

Hartstrings, a subsidiary of the Parigi Group, a leading children’s branded apparel company whose merchandise is sold in 23 retail locations across the U.S. and in better department stores, has entered into a 10-year lease for its first Manhattan store in the 5,500-square-foot retail space at H+M’s eight-story property. Hartstrings was drawn to the location because of its proximity to Bed Bath & Beyond, which just completed a renovation of its store to include Buy Buy Baby.

“Our property is situated directly across the street from BBB’s big box, which draws traffic to the area,” said Leslie Himmel, principal, who added that Hartstrings was able to confirm during the pop-up phase, that BBB attracts potential customers to the area. The boutique will bring a much-needed resource to East Midtown, populated by so many families with young children.”

Asking rent for the retail space was $150 per square foot.

Darrell Rubens and Lee Block of the Winick Realty Group in concert with the in-house leasing team of Mark S. Stein, Senior Vice President & Director of Leasing and Jason Vacker, Vice President represented Himmel & Meringoff in the transaction, while Benjamin Srour of Norman Bobrow & Company acted on behalf of The Parigi Group.

For more, download the full article in PDF

citybiz-032414-Himmel & Meringoff Signs Lease With Exclusive Children’s Apparel Retailer On First Avenue

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 Iconic Upper East Side Corner Location to Warby Parker 

warby-parker-1Winick Realty Group brokers Darrell Rubens and Lee Block announced that, after working closely with landlord Samy Mahfar of SMA Equities since 2012, a new tenant has leased the iconic retail space at 1209 Lexington Avenue, located on the southeast corner of East 82nd Street.

Warby Parker, the hip eyeglass brand with locations across the United States, has signed a long-term lease at the store, which was formerly home to Lascoff Pharmacy. This location, which will be the brand’s third in Manhattan, consists of a 1,600-square-foot ground floor and approximately 600 square feet each on the mezzanine and in the basement. Its striking features include cathedral-style 20-foot ceilings, spectacular 20-foot arched windows and 115 feet of wraparound frontage.

Working hand-in-hand with Mahfar, Warby Parker restored and revitalized the century-old storefront to its former glory, focusing on every detail from the interior moldings to the original terrazzo floors from the early 1900s.

“When Lascoff Pharmacy lost their lease, they started dismantling and selling off pieces of the old architecture, everything from the fixtures to the stained glass windows,” explained Rubens. “When Samy purchased the property, he quickly put a stop to this and was even able to save the legendary blade sign, which is still hanging on the building today.”

Not only concerned with retaining the unique character of the building, Mahfar was also aware of the needs of the community and the concerns of the community board, making sure to hold out for the tenant that best represented the vibe of the neighborhood.

“Over the course of our leasing efforts, we received numerous offers from national chains, restaurants and bars. These offers were higher than the deal we ultimately signed, but knowing that the neighbors were concerned about noise and other issues, I held out for a tenant I knew would be a good neighbor and a good member of the community,” said Mahfar.

“This area of Lexington Avenue still maintains the character of old New York with local and mom-and-pop stores, as opposed to the national chains that proliferate nearby 86th Street,” said Rubens. “Warby Parker will be a wonderful addition to the community.”

Warby Parker was represented by Mathew Siegel and Kyle Allen of Thor High Street Advisors.

For more, download the full article in PDF

citybiz-031914-Winick Realty Group Leases Iconic Upper East Side Corner Location to Warby Parker

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’s Richard Smith Completes Two Lease Transactions in Manhattan’s Garment Center 

richard-smithWinick Realty Group broker Richard Smith announced the completion of two lease transactions, successfully relocating two long-time tenants in Manhattan’s Garment Center.

Twenty-year-old Chinese contemporary sportswear designer Jsong International signed a lease for 1,900 square feet at 149B West 36th Street, between Broadway and Seventh Avenue. The brand, which had previously operated showroom space at nearby 499 Broadway, decided to move in order to accommodate a new retail component in their business.

“Jsong had never been involved in the retail side of the business before,” explained Smith, who represented both Jsong and landlord Zone 26 Fashion, “but they wanted to develop that level of interaction with their customers and they feel that the real-world feedback they will receive will ultimately make them a better company.”

Smith also assisted 7th Avenue Stationers in their relocation effort following the demolition of their previous location on 35th Street between Seventh and Eighth Avenues. The store moved one block away to a 1,200-square-foot space on 147 West 35th Street, between Seventh Avenue and Broadway.

“7th Avenue Stationers is one of the rare Pantone color system dealers, so it was important that they remain in the Garment Center, where so many of their customers are located,” said Smith, who represented both the tenant and landlord Masar Properties. In addition to Pantone products, 7th Avenue Stationers offers a variety of products that includes pens, personal organizers, calendars and specialty gifts.

For more, download the full article in PDF

citybiz-031814-Winick Realty Group’s Richard Smith Completes Two Lease Transactions in Manhattan’s Garment Center

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 Markets Transformative Big Box Retail Opportunity in Manhattan’s Dynamic Times Square South/Garment Center/Herald Square Corridor 

1407_Retail_Rendering_101113_FinalWinick Realty Group has been retained by the Lightstone Group to market for lease retail space at 1407 Broadway, an unprecedented big box opportunity at the crossroads of some of Manhattan’s most storied and traffic-generating attractions: Times Square, Herald Square, Penn Station, Bryant Park and Port Authority Bus Terminal.

“Today, more tourists and commuters are passing by our doors, more people are visiting Bryant Park and more creative and innovative industries are moving in,” said Winick Realty Group broker Hal Shapiro, who is marketing the property with Kenneth Hochhauser. “With the signing of Urban Outfitters, Whole Foods, Equinox, Blink and others, the retail is finally catching up with these demographic trends. At approximately 22,000 square feet of total retail to lease, we offer the largest block with the most flexible options.”

“We strongly believe, and the data backs us up, that the consumer in this trade area can support fashion retailing, particularly in the contemporary and better categories,” added Hochhauser.

The retail at 1407 Broadway includes an 8,338-square-foot ground floor with 18-foot ceilings, a 6,176-square-foot second floor with 12-foot ceilings and a 7,670-square-foot selling lower level with 15-foot ceilings. A new floor-to-ceiling glass façade with up to 251 feet of wraparound frontage will provide the incoming retailer with tremendous market prominence. The multi-level retail opportunity is ideally positioned at the base of 1.1 million square feet of office space and surrounded by a bevy of transportation and tourism options that draws more than 200 million potential customers to the area.

For more, download the full article in PDF

citybiz-031414-Winick Realty Group Markets Transformative Big Box Retail Opportunity in Manhattan’s Dynamic Times Square South Corridor

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.