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Winick Realty Group Exclusively Markets the Retail at 15 Union Square West 

15 Union Square WestWinick Realty Group has been selected to exclusively represent a retail opportunity at 15 Union Square West, located between Union Square West and Fifth Avenue in the heart of Union Square.

President Steven E. Baker, Kenneth Hochhauser and Charles Rapuano are marketing the property on behalf of the State Teachers Retirement System of Ohio, one of the largest domestic pension funds in the United States.

“It is our pleasure to bring to market what is truly a one-of-a-kind retail site in the heart of one of Manhattan’s busiest neighborhoods,” said Baker, “and we are delighted to do so on behalf of such a prestigious organization.”

The retail at 15 Union Square West is located at the base of the former Tiffany Building and still retains some of the original features from that era, including unique ironwork on the ceiling. Currently a high-end luxury condominium, the building is ideally situated across the street from bustling Union Square, where 350,000 daily pedestrian and 35 million annual subway passengers converge.

The space comprises approximately 2,880 square feet on the ground floor, 980 square feet in the mezzanine, and 900 square feet in the basement. The previous tenant invested a great deal of capital into the build out of the space, installing black iron venting, an HVAC system, an ADA bathroom and lift, a walk in fridge and freezer, and more infrastructure improvements. All of their installations remain in place for the next tenant.

“This location is ideal for an experienced operator who knows the neighborhood,” said Rapuano. Baker, Hochhauser and Rapuano are marketing the space to all use groups, including restaurants that can take advantage of the incredible and infrastructure and build-out already in place. They have already seen strong interest in the site, including from well-known New York restaurateurs.

For more, download the full article in PDF

citybiz-050615-Winick Realty Group Exclusively Markets the Retail at 15 Union Square West

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 Popular Times Square Souvenir Shop to FiDi

richard-smithExpose, Inc., a souvenir and gift shop that has operated for decades in the Times Square area, has signed a lease to move the business to the Financial District.

Winick Realty Group’s Richard Smith represented the retailer, who leased a prime corner location at 30 Vesey Street, steps from the World Trade Center and 9/11 Memorial and Museum.

“Even though the hours are a little different than he is used to in Times Square, the retailer feels that this is an amazing area for tourists,” said Smith. “The souvenir shops downtown are primarily on Broadway, not on Vesey, so he is in a great location to capture the tourists who have not already made their purchases.”

The store features 2,200 square feet of ground floor retail where Expose sells t-shirts, glasses, books and other merchandise, including more 9/11-related pieces to appeal to the downtown tourist population. In addition, the store sells suitcases in a 1,500-square-foot selling basement. The storefront offers great signage and more than 50 feet of wraparound corner frontage for catching tourists’ eyes.

“In New York City, gift stores like this are thriving right now because there are so many tourists coming to the city and spending money,” said Smith. “These types of businesses are good for landlords because they are able to pay the rents and do the daily business necessary to be successful.”

Landlord Greystone Management was represented in-house.

For more, download the full article in PDF

citybiz-050615-Winick Realty Group Brings Popular Times Square Souvenir Shop to FiDi

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 Urszula Zoltek Completes Sale of Apartment Building in West New York 

560 67th StreetWinick Realty Group’s Urszula Zoltek successfully brokered the sale of a five-story apartment building located at 560 67th Street in West New York, NJ on the corner of 67th Street and Polk Street.

The building was recently renovated from the ground up, equipping the one one-bedroom unit and four three-bedroom units with new kitchens, wooden floors and ceramic-tiled full bathrooms. The building is equipped with two coin operated laundry machines and two dryers for tenant use, as well as a two-car garage.

Zoltek represented both the seller, SYR Group, LLC, and the buyer, an anonymous private investor who paid $1,045,000 for the property.

For more, download the full article in PDF

citybiz-041415-Winick Realty Group’s Urszula Zoltek Completes Sale of Apartment Building in West New York

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 Announces Two Sales Transactions in New Jersey 

21-25 Monroe StWinick Realty Group’s Urszula Zoltek recently completed two property sales transactions in New Jersey, representing both the seller and the buyer in both transactions.

HSVC Investments LLC sold a mixed-use, three-story building at 21-25 Monroe Street in Passaic to 21, 23 & 25 Monroe Street LLC. The buyer also owns the property next door and decided to purchase the building in order to maintain its condition and preserve the value of both properties. 21-25 Monroe Street includes 12 one-bedroom apartments and four ground-floor retail spaces, each measuring 650 square feet. Currently three of the retail spaces are occupied by local businesses—a computer repair shop, a grocery and deli, and a botanica—while the fourth is currently vacant. The building was sold for $1.075 million and the sale transaction took two months to complete.

At 176 Kinderkamack Road in Emerson, Hayden Asset II LLC sold 0.22 acres of land to 182 Emerson LLC for $465,000. The parcel of land is located at the intersection of Linwood Avenue, close to Vilano Elementary School, Emerson Public Library, Emerson Municipal Plaza and a New Jersey Transit Railway Station. The property houses a one-story, 1,600-square-foot retail building, as well as 14 parking spaces. The former home of AJ’s Restaurant, Wacky Burgers and Fries, the retail site is currently vacant and is available for lease.

For more, download the full article in PDF

citybiz-032515-Winick Realty Group Announces Two Sales Transactions in New Jersey

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 9,800 Square Feet to District Tap House 

richard-smithAmerican bar and bistro District Tap House signed a lease for its second location at 252 West 37th Street between Seventh and Eighth Avenues in the heart of Midtown Manhattan.

The restaurant, which offers 50 beers on tap, as well as full lunch and dinner menus, will occupy 9,800 square feet comprised of two former fabric stores that had been combined to create one wide store with more than 30 feet of frontage. Set to open by October 1, the restaurant will occupy space on the ground floor, mezzanine and basement.

Winick Realty Group’s Richard Smith represented District Tap House, which currently operates one block away at 246 W 38th Street. According to Smith, the area is changing so much that there is enough demand to support two different locations.

“There have been a slew of hotels going up in the area, as well as residential towers and new offices so that rather than being a garment center, today the neighborhood is populated with architects, lawyers and other professionals who need places to go and entertain after work,” said Smith. “There is a big need for bistros of this type.”

Landlord Eretz Group was represented in-house by Nicholas Mok.

For more, download the full article in PDF

citybiz-030915-Winick Realty Group Leases 9,800 Square Feet to District Tap House

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 New Training Facility for New Jersey Dance Theatre Ensemble 

njdte outdoor Photo Kevin O’ConnellNew Jersey Dance Theatre Ensemble, the highly-regarded dance training center offering advanced ballet, modern and contemporary dance programs for dancers ages 7-18, has signed a lease for a new training facility at 315 Springfield Avenue in Summit, NJ.

Winick Realty Group NJ Senior Vice President Daniel Spector and his associate Susan Preisler represented the New Jersey Dance Theatre Ensemble, working with artistic director Nancy Turano, herself an alumna of the New Jersey Dance Theatre Ensemble, to find the ideal location.

“Previously, New Jersey Dance Theatre Ensemble shared spaces in several locations throughout the Tri-State area,” said Preisler. “What New Jersey Dance Theatre Ensemble was looking for was a home of their own that dancers from all over New Jersey—as well as visiting artists from New York City and around the world—could get to easily. The town of Summit was chosen because of its direct trains to New York City, proximity to Newark Airport, and vibrant and cultural downtown district.”

The 8,800-square-foot built-to-suit space is currently under construction with an anticipated summer 2015 opening. When completed, the facility will feature four dance studios, media library, dressing rooms, storage area for costumes and props, and executive offices. The reception area will also include a retail component where students can purchase specialized dancewear. Finally, the space also has an outdoor garden adjacent to an indoor multi-purpose room/lounge area.

“We are thrilled that Dan Spector and Susan Preisler of Winick Realty were able to locate and secure this jewel of a site for New Jersey Dance Theatre Ensemble’s new home,” said Turano. “They both went above and beyond to find not only the right location but one that actually exceeded every requirement we had. We look forward to expanding our reach and mentorship for young dance artists in our New Summit Home and partnering with a community that already supports culture and excellence.”

Landlord RBP Associates c/o Bassett Associates was represented by George Paras and Marika Paras of Paras & Paras.

New Jersey Dance Theatre Ensemble was founded in 1969, offers pre-professional training and experiences with world-renowned dancers, teachers, choreographers, and musicians. Their performances can be seen at a variety of locations, including Kean University in Union, NJ and SUNY Purchase in Purchase, NY. Alumni of New Jersey Dance Theatre Ensemble have gone on to dance in numerous acclaimed companies, including Houston Ballet, National Ballet of Canada, Sacramento Ballet, Ballet Hispanico, Metropolitan Opera Ballet, Carolyn Dorfman Dance, New Jersey Ballet and more.

For more, download the full article in PDF

citybiz-030515-Winick Realty Group Leases New Training Facility for New Jersey Dance Theatre Ensemble

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.