Winick Realty Group Leases Three Stores in Nolita to Fill Repositioned Retail at 400 Broome Street
Winick Realty Group announced three new retail leases at 400 Broome Street, fronting Kenmare, Cleveland and Broome Streets in Manhattan’s Nolita neighborhood. Aaron S. Fishbein and Darrell Rubens, Executive Vice President, of Winick Realty Group represented landlord Coral Broome Street LLC as they repositioned and upgraded these ground-floor retail opportunities.
“Ownership white-boxed the spaces, upgraded the utilities and installed new floor-to-ceiling glass storefronts. These improvements allowed us to attract top-notch tenants,” said Fishbein.
Fillmore and 5th Designer Consignment, part of parent company Crossroads Trading Inc., a California-based clothing store with locations in Palo Alto and San Francisco, leased its first New York store in the building under the address 398 Broome Street. The 1,680-square-foot ground-floor space includes a basement and is expected to open in the third quarter of 2014. Jordan Cohn of SCG Retail represented the retail tenant.
On the Kenmare Street side of the building, Sweetgreen leased its third Manhattan location at 100 Kenmare Street. Also expected to open in the third quarter of 2014, Sweetgreen will occupy 2,400 square feet on the ground floor and 1,600 square feet of basement space that was recently built by ownership. Taryn Brandes of SCG Retail represented Sweetgreen.
At 7 Cleveland Place, Paul Fox Salon signed a lease for approximately 950 square feet on the ground floor. The salon, which has already opened, was represented by Joseph Robinson from Bond NY.
“Nolita has long been considered an up-and-coming neighborhood,” said Fishbein, “and the arrival of such high-class, well-established brands confirms that the area has truly arrived.”
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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.