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Citybizlist

Blue Dog Cafe Barks Up New NoMad Location

jeremy-wintner-print-ver-profile-001Blue Dog Café, the quality made-to-order restaurant concept with five Manhattan locations, signed a lease for their sixth storefront at 115 East 27th Street between Park and Lexington Avenues.

Winick Realty Group’s Aaron S. Fishbein and Jeremy Wintner represented the tenant in the 15-year lease, while landlord Schube, LP was represented by Salon Realty.

Blue Dog Café will occupy 500 square feet on the ground floor, as well as 250 square feet in the basement, in a space that sits adjacent to the lobby of TF Cornerstone’s newly-renovated office building. Fishbein and Winick Realty Group President Steven E. Baker recently leased the retail in that adjacent building to Barry’s Boot Camp and Artisanal Bistro, creating an incredible tenant mix that attracted Blue Dog Café to the area.

“With this lease, Blue Dog Café is well-positioned to reach the local office population and the NoMad residential population, who have demonstrated a growing need for a boutique café to complement the existing retail in the neighborhood,” said Wintner. “They are an established tenant with a great concept and they will fill that role well.”

Wintner and Fishbein are continuing to work with Blue Dog Café as they expand throughout Manhattan.

For more, download the full article in PDF

citybiz-042616-Blue Dog Cafe Barks Up New NoMad Location

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 Hell’s Kitchen Location to Benjamin Moore Janovic Paint and Decorating Center

Charles_RapuanoWinick Realty Group President Steven E. Baker and Charles Rapuano successfully completed leasing efforts at 766 Tenth Avenue, a stand-alone, one-story building located on the corner of 10th Avenue and West 52nd Street in Hell’s Kitchen. Working on behalf of landlord 9300 Realty, Baker and Rapuano negotiated a long-term lease at the space for Benjamin Moore Janovic Paint and Decorating Center, who was represented by Corey Zolcinski of Jones Lang LaSalle Americas.

“Benjamin Moore Janovic Paint and Decorating Center has one of the best reputations as a paint and home decoration store in Manhattan,” said Rapuano. “We feel they will be a great fit for the neighborhood as so many newly-constructed residences are popping up throughout the West Side of Manhattan.”

This new location at 766 Tenth Avenue, which is expected to open in fall 2016, will replace the company’s current store at 771 Ninth Avenue. Benjamin Moore Janovic Paint and Decorating Center will occupy 3,100 square feet of retail on the ground floor, as well as 1,000 square feet of basement space. The space is set to undergo a full gut renovation, including a new storefront on West 52nd Street.

“It’s very rare to find a one-story, stand-alone building in Manhattan,” Rapuano added. “The tenant plans to fully customize and brand the building, taking full advantage of the benefits this type of space can provide.”

For more, download the full article in PDF

citybiz-042516-Winick Realty Group Leases Hell’s Kitchen Location to Benjamin Moore Janovic Paint and Decorating 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

Michael Cleeman of Winick Represents 1031 Exchange Buyer of PNC Bank in Raleigh, NC

PNC BankWinick Realty Group’s Investment Sales Team announced the successful sale of a PNC Bank at 14400 New Falls of Neuse Road in Raleigh, NC. The 3,924-square-foot bank is part of the Wakefield Commons Shopping Center, which is anchored by Marquee Cinemas with 12 screens and sits across the street from a Harris Teeter and the Rex Healthcare campus. The property serves one of the fastest-growing communities in the Raleigh submarket, Wakefield Plantation, which is a 2,200-acre residential and commercial community that includes the TPC golf course.

Michael Cleeman, Senior Vice President of Investment Sales, represented the 1031 exchange buyer 2255 Raleigh LLC in the $3,500,000 transaction and the seller was represented by Kentwood Capital Advisors and Mitra Hakimi Realty.

“The deal fit the buyers needs based on the strong credit tenant with growing deposits and the incredible development that is happening in the market surrounding it, along with the high average household incomes within a one-mile radius of $102,748,” said Cleeman.

For more, download the full article in PDF

citybiz-041816-Michael Cleeman of Winick Represents 1031 Exchange Buyer of PNC Bank in Raleigh, NC

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

Michael Cleeman of Winick Represents Buyer of TD Bank in Long Island

michael-cleeman-print-ver-profile-001Winick Realty Group’s Investment Sales Team announced the successful sale of a new TD Bank under construction in Geenlawn, NY. The 2,500 square-foot bank sits on an approximately 1.8 acre corner parcel at the intersection of Pulaski Road and Cuba Hill Road, adjacent to the BAE Systems office complex, in the town of Huntington on Long Island.

Michael Cleeman, Senior Vice President of Investment Sales represented the 1031 exchange buyer in the $4,650,000 transaction. Seller CLC Greenlawn LLC was represented by Stan Johnson Company and GFI Realty Services.

“The buyer was attracted to the strong demographic location with average household incomes above $135,000, traffic counts of over 25,000 VPD and the stability of a new 20 year lease that was recently executed,” said Cleeman.

For more, download the full article in PDF

citybiz-041216-Michael Cleeman of Winick Represents Buyer of TD Bank in Long Island

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

Michael Cleeman and Dovid Kaufman of Winick Complete Off-Market Sale of Grocery Anchored Shopping Center

michael-cleeman-print-ver-profile-001Winick Realty Group’s Investment Sales Team announced the successful sale of The Crossings at Marshall’s Creek in East Stroudsburg, PA. The 106,616-square-foot, grocery-anchored retail center sits on 12.5 acres at the intersection of State Route 209 and Oak Grove Drive (State Route 402).

Michael Cleeman and Dovid Kaufman represented both the seller, CBL & Associates Properties, Inc., and the buyer, Bluejay Management of NYC, in the $23,650,000 off-market transaction.

“The seller developed the property in 2013 and was looking to divest and relocate their capital into other opportunities,” said Cleeman, Senior Vice President of Investment Sales. “The buyer was attracted to the property’s retail dominance along the Pennsylvania – New Jersey border. Having a newly-built grocer anchor with a healthy rent to sales ratio, as well as the upside potential in leasing up the vacant space, made this property desirable.”

At the time of the closing, The Crossings at Marshall’s Creek was 94 percent occupied. The center is anchored by a 24-hour Price Chopper, Rite Aid, STS Tire and Family Dollar, and several regional shops.

For more, download the full article in PDF

citybiz-040716-Michael Cleeman and Dovid Kaufman of Winick Complete Off-Market Sale of Grocery Anchored Shopping 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 Brings Pinkyotto to The Brodsky Organization’s 2060 Broadway

Charles_RapuanoPinkyotto, the popular women’s fashion brand with six locations in New York City and one in Boston, signed a lease for its first Upper West Side store at The Brodsky Organization’s 2060 Broadway.

Winick Realty Group President Steven E. Baker and Charles Rapuano represented both the tenant and ownership in the lease transaction. Pinkyotto will occupy 800 square feet on the ground floor and 500 square feet in the basement of 2060 Broadway, a landmarked residential building located between West 70th and West 71st Streets. The store features an incredible 40 feet of frontage, as well as soaring 17-foot ceilings.

“Pinkyotto had been looking for the ideal Upper West Side location for quite some time but nothing felt right,” said Rapuano. “2060 Broadway proved to be the perfect fit because of the unique features of the building, as well as its desirable location next to the new Upper West Side Bloomingdale’s.

“The tenant and the landlord also really liked each other,” Rapuano continued, “so we were able to complete the deal in a very short period of time to the satisfaction of all parties involved.”

Pinkyotto is expected to open in the fall, replacing the previous tenant Montmartre. With this new location, they are poised to capture the attention of the residents living in the many high-end buildings that surround the store, as well as commuters utilizing the express train station at West 72nd Street.

“Pinkyotto is a quality tenant with a great brand and a strong following that will do incredibly well in this location. I have no doubt they will be a great fit for our building and the neighborhood,” said Alexander Brodsky.

Rapuano and Baker are continuing to work with the Brodsky Organization to market a prime retail availability at nearby 253 West 72nd Street, located on West 72nd Street and Broadway. The site features 8,010 square feet of retail on the ground floor with more than 50 feet of frontage, and an additional 1,608 square feet in the basement.

For more, download the full article in PDF

citybiz-040116-Winick Realty Group Brings Pinkyotto to The Brodsky Organization’s 2060 Broadway

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.