With $20M, Crown Acquisitions Targets Boro Retail As residential growth continues to boom in the city’s outer-boroughs, urban retail owner/manager Crown Acquisitions is putting its chips on Brooklyn, Queens and Staten Island. The company has invested $20 million in retail assets in Greenpoint, Corona and Eltingville—and has already leased them up. “Many people underestimate the [...]
Danny Hodak Leases Space at 30 East 13th Street Danny Hodak has signed a lease for 1,000 square feet of space at 30 E. 13th St. for a quick service spot. Asking rents in the area range from $125 to $150 per square foot. Hodak will open new location in the next two months. Winick [...]
Fashion Terminal Leases 2,000 SF at 147 W. 36th St. Fashion Terminal Inc. has inked a lease for 10 years with Foremost Realty for 2,000 square feet at 147 W. 36th St. situated between Seventh Avenue and Broadway. As per the deal, the retailer will occupy the ground-floor space and the 3,500-square-foot basement. Asking rent [...]
Brick Lane Curry House Leases 7,000 SF at 1664 Third Ave. Brick Lane Curry House is opening its third Manhattan outpost. The Indian restaurant has inked a lease for 15 years with Anthony Castelbuono for 7,000 square feet of space at 1664 Third Ave. The asking rent for the ground-floor space was $77 per square [...]
Northeast DEAL-WRAP Verizon Facilities Get $35M Refi Winick Realty Group has completed leasing the retail space in TF Cornerstone’s mixed-use complex at 505 W. 37th St. Ark Restaurants is taking 10,350 square feet for an as-yet-unnamed restaurant concept, and the property will also contain a 9,750-square-foot private event venue and catering space known as Pillars [...]
MedRite Urgent Care to Open Medical Clinic on Second Avenue MedRite Urgent Care is opening a new medical clinic at 919 Second Avenue. Samuel Fisch, the owner of MedRite, has signed a lease for 15 years with a five-year lease option. The property owner has accepted to do a build-out of the leased space. The [...]
Hair Party 24 Hours Leases Space at 450 Park Ave. South Korea-based Hair Party 24 Hours is opening its second Manhattan location. The company has signed a lease for 12 years with Moinian Group for 1,300 square feet on the ground floor of 450 Park Ave. South situated between East 30th and East 31st streets. [...]
Ark Restaurants to Open Restaurant in Hell’s Kitchen Ark Restaurants has inked a 10,530-square-foot lease to open an upscale restaurant in Hell’s Kitchen. The unnamed restaurant will be situated on Tenth Avenue in the base of an 835-unit rental building developed by TF Cornerstone at 505 W. 37th Street. The asking rent for the retail [...]
Crank Cycling Studio Leases 800 SF at The View Crank Cycling Studio has signed a 10-year lease for 800 square feet at The View at 4630 Center Boulevard in Long Island City. The new studio, which is scheduled to open this spring, will have 26 modern Schwinn torture racks. Asking rents in the area are [...]
5 Napkin Burger to Open Restaurant in Union Square 5 Napkin Burger is opening a restaurant in Union Square. The burger chain has leased 3,570 square feet of space situated on the corner of Third Avenue and 14th Street from Solil Management. The new restaurant will occupy space on the ground floor and the basement. [...]
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ICSC Spring 2011 Showcase Magazine
