Currently viewing the tag: "Joseph Isa"

New York Real Estate Journal

Winick Realty Group’s Isa leases 3,100 s/f of retail space to Le Pain Quotidien

joseph-isa-258x30016Le Pain Quotidien, the popular organic bakery and communal table restaurant with more than 200 locations on five continents, has leased a 3,100 s/f retail location at 1006 First Ave., on the Northeast corner of East 55th St. A former Chase Bank location, the site offers 65 ft. of frontage .

Winick Realty Group broker Joseph Isa represented landlord 400 Plaza Owners Corp. in the long-term lease transaction. Isa said, “Ownership recognized the quality of the Le Pain Quotidien brand. They are going to be a great amenity for the building, as well as the neighborhood.”

CBRE’s Amira Yunis, Ben Daniels and Matt Krell represented Le Pain Quotidien.

For more, download the full article in PDF

NYRE Journal_021114_Winick Realty Group’s Isa leases 3,100 sf of retail space to Le Pain Quotidien

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.

 

 

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Lao Feng Xiang Jewelry to Fifth Avenue in NYC

joseph-isa-258x30016Lao Feng Xiang Jewelry has signed a long-term lease for its first North American retail store and showroom at 585 Fifth Avenue in New York City. Slated to open in the fall of 2014, the 6,100-sq.-ft. flagship store will feature three floors plus a basement. The jeweler has more than 2,300 sales outlets around the world.

Winick Realty Group represented the owner, TSW 33 Realty Corp. in the transaction, achieving a record rent that edged close to the record asking price of $2.25 million per year. CBRE represented Lao Feng Xiang.

For more, download the full article in PDF

CHAIN STORE AGE 02-07-14

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.

Real Estate Weekly

Chinese jeweler leases Fifth Avenue space

joseph-isa-258x30016Lao Feng Xiang Jewelry, a world-renowned Chinese jewelry company with more than 2,300 sales outlets across the globe, has signed a long-term lease for its first North American retail store and showroom at 585 Fifth Avenue.

When the store opens in Fall 2014, the company will occupy 6,100 square feet over three floors, plus basement, and they will brand the entire six-story building to fully announce their presence to New York and to the United States.

“Fifth Avenue is the most dynamic retail stretch in the world and only the cream of the crop populates this retail strip,” said Winick Realty Group’s Joseph Isa, who represented owner TSW 33 Realty Corp. in the transaction.

“Lao Feng Xiang Jewelry knew the value of having a Fifth Avenue presence, not to mention one in such close proximity to the Diamond District. This lease catapults them to immediate brand awareness.”

This was the first time that the retail at 585 Fifth Avenue had been available in more than 40 years. Isa was able to achieve a record rent that edged close to the record asking price of $2.25 million per year.

“Ownership was also happy to have Lao Feng Xiang Jewelry as a tenant,” Isa continued, “because of their incredible history, dating back to 1848. The company is revered in China and ownership not only knew the brand but also understood its value.”

Lao Feng Xiang Jewelry was represented by Stephen Sjurset, Cassie Durand and David LaPierre of CBRE.

For more, download the full article in PDF

rew_020614_Chinese jeweler leases Fifth Avenue space

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.

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Jeweler from China enters U.S. market via Fifth Avenue

585 5th Web 10-24-13A Chinese jewelry conglomerate has inked a lease for its first North American outlet, fittingly along North America’s most expensive retail strip: Fifth Avenue.

Lao Feng Xiang Jewelry signed for 6,100 square feet over three floors at 585 Fifth Avenue, according to Winick Realty’s Joseph Isa, who represented landlord TSW 33 Realty in the transaction.

The seller of gold, diamonds and silver has outposts all over Asia and Europe but will be making its initial foray into the U.S. with the Fifth Avenue presence. They also received naming rights for the six-story building.

“Lao Feng Xiang Jewelry knew the value of having a Fifth Avenue presence, not to mention one in such close proximity to the Diamond District,” Isa said in a statement provided exclusively to TRD. “This lease catapults them to immediate brand awareness.”

The asking rent for the space was $2.25 million per year and the taking rent was nearly that, Isa said via email, though he declined to provide an exact figure (the rent includes a free basement floor, Isa said).

Faith Hope Consolo, a veteran retail broker with Douglas Elliman who has leased space to many high-end jewelry shops, called that asking rent “very high.”

Stephen Sjurset, Cassie Durand and David LaPierre of CBRE represented Lao Feng Xiang, but were not immediately available for comment.

Lao Feng Xiang will open later this year, according to a representative for Winick.

For more, download the full article in PDF

THE REAL DEAL_020514_Jeweler from China enters U.S. market via Fifth 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.

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Winick’s Joseph Isa Leases 1006 First Avenue To Le Pain Quotidien

joseph-isa-258x30016Le Pain Quotidien, the popular organic bakery and communal table restaurant, has leased a 3,100-square-foot retail location at 1006 First Avenue, on the Northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 feet of frontage that is set slightly above street level for excellent visibility and signage.

Winick Realty Group broker Joseph Isa represented landlord 400 Plaza Owners Corp. in the long-term lease transaction and he noted that, “Ownership recognized the quality of the Le Pain Quotidien brand. They are going to be a great amenity for the building, as well as the neighborhood.”

CBRE’s Amira Yunis, Ben Daniels and Matt Krell represented Le Pain Quotidien in the transaction.

For more, download the full article in PDF

mann newswire-012914-Winick’s Joseph Isa Leases 1006 First Avenue To Le Pain Quotidien

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.

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Le Pain Quotidien leases Manhattan location

040913_le_pain_wifi_AS5.JPGLe Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

Winick Realty Group represented the landlord, 400 Plaza Owners Corp., in the long-term lease negotiations leading to the transaction. CBRE represented the tenant.

For more, download the full article in PDF

CHAIN STORE AGE 01-24-14

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.