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New York Observer

Blick Art Materials Among Retailers Opening Outposts in DoBro

Illinois-based Blick Art Materials has inked a 7,700-square-foot deal at 41 Flatbush Avenue, also known as the Pioneer Building, in Downtown Brooklyn, Commercial Observer has learned.

The company, a third-generation store that sells a wide variety of art supplies, will occupy a 1,400-square-foot part of the ground floor and 6,300 square feet on the lower level of the building between Livingston Street and Lafayette Avenue, according to information provided by CPEX Real Estate. The asking rent for the ground-floor section was $125 per square foot, and the deal is for 10 years.

Blick currently operates more than 65 retail stores in 25 states around the country. The company has six locations in the Big Apple, including one soon-to-be opened outpost in Harlem at 261 West 125th Street between Frederick Douglass and Adam Clayton Powell Jr. Boulevards. The new store in Downtown Brooklyn will be the second in Brooklyn. The first Kings County location is at 536 Myrtle Avenue between Grand Avenue and Steuben Street in the Clinton Hill section of the borough.

CPEX’s Ryan Condren and George Danut handled the deal for the landlords, Quinlan Development Group and Building and Land Technology. Winick Realty Group’s Joshua Siegelman brokered the deal for the tenant. Siegelman declined to comment via a spokeswoman.

In addition to Blick, there were three smaller-sized retail transactions at the building, which recently underwent a $30 million gut renovation, with designs by Beyer Blinder Belle, as CO previously reported. Each of the tenants are expected to move in by the end of the year. Their asking rents were $125 per square foot and the leases are all for 10 years.

Smoothie King, which makes fruit and vegetable drinks for more than 800 locations around the globe, will take part of the ground floor in a 1,200-square-foot transaction for 10 years. This will be its third location in New York City. Nick Masson of Schuckman Realty handled the deal for Smoothie King.

Coffee Project New York, a coffee shop, completed a 10-year, 1,000-square-foot lease on the ground floor for its first location in Brooklyn. Alexander Karas of Winick represented the tenant.

And the United Parcel Service (UPS) took an 800-square-foot ground floor space for The UPS Store. Hudson’s Nicole Liebman represented UPS in the 10-year transaction.

“We are happy with this mix and caliber of tenants for the Pioneer Building,” Tyler Wilkins, a partner at Quinlan Development Group, said in a statement. “This lineup will provide a good set of amenities to the office residents upstairs and the neighborhood.”

There is still 12,000 square feet of retail space available at the building, which is being marketed exclusively by CPEX. The brokerage is targeting gourmet markets, cafés, fitness centers, restaurants and gastro pubs. Asking rent for the remaining available space ranges from $80 per square foot to $140 per square foot.

“The secured tenants form a solid foundation for the overall activity at the base of the Pioneer Building,” Danut said in a prepared statement.

Digital media and podcast production company Gimlet Media signed a nearly 27,000-square-foot lease at the building to be the first office tenant, as CO reported in June.

For more, download the full article in PDF

NY Observer-102017-Blick Art Materials Among Retailers Opening Outposts in DoBro

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.

New_York_Post_logo

Italian eatery serving up fried dough opens on McDougal St.

panzerotto-jpgFried dough is a favorite of many cultures, from America’s sweet donut to the versatile churro that dominates simple fast food options from Spain and Portugal to the South of France. The Italian version is a panzerotto.

The fried dough specialty has a new haven at 124 McDougal St., with the opening of Mr. Panzerotto.

The half-moon shaped dough comes from the South of Italy’s Apulian region, and was originally made with tomato and mozzarella.

The menu will include sweet sausage with broccoli rabe, salmon with avocado and honey with granola — with vegetarian and vegan options.

It will be open daily — and up to 3 a.m. on weekends. Francesco Bardazzi of PD Properties represented the tenant, Christian Francone, while Josh Siegelman, of Winick Realty Group, represented the landlord.

For more, download the full article in PDF

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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.

Citybizlist

Brooklyn’s Variety Coffee Signs 10-Year Lease for First Manhattan Location at 261 Seventh Avenue

joshua-siegelman-258x30017Cushman & Wakefield has announced today that the firm has closed a 10-year lease with Variety Coffee for the Brooklyn-based coffee roasters first Manhattan location at 261 Seventh Avenue in the Chelsea neighborhood. The coffee shop will occupy 800 square feet on the ground floor.

A Cushman & Wakefield team of Brandon L. Singer and Matthew Ball represented the landlord. Josh Siegelman of Winick Realty represented the tenant.

“The landlord is excited to bring a local and popular coffee purveyor into the neighborhood,” said Mr. Singer at Cushman & Wakefield. “Given the heavy foot traffic in this neighborhood, we’re confident that Variety Coffee will be very successful in this location.”

Variety Coffee opened in Brooklyn in 2008 with a mission to ethically source the world’s rarest and most unique green coffees. The brand currently has additional cafés in Brooklyn’s Williamsburg, Greenpoint and Bushwick neighborhoods.

Located on the south east corner of West 25th Street, the space is situated on a prime retail corner, directly across Whole Foods and one block south of the Fashion Institute of Technology (FIT). The area experiences 24/7 pedestrian traffic as other noteworthy retailers – Buy Buy Baby, Papyrus, TD Bank, GNC, Chase, and Chipotle among others – are in the area.

For more, download the full article in PDF

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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.

 

Real Estate Weekly

Variety Coffee to open first Manhattan location

variety-coffee_2661-938x512After conquering Brooklyn, the hip coffee roaster Variety Coffee is set to open its first Manhattan location.

Cushman & Wakefield announced it closed a 10-year lease with the drinkery at 261 Seventh Avenue in Chelsea. The coffee shop will occupy 800 s/f on the ground floor.

A Cushman & Wakefield team of Brandon L. Singer and Matthew Ball represented the landlord. Josh Siegelman of Winick Realty represented the tenant.

“The landlord is excited to bring a local and popular coffee purveyor into the neighborhood,” said Singer. “Given the heavy foot traffic in this neighborhood, we’re confident that Variety Coffee will be very successful in this location.

Variety Coffee opened in Brooklyn in 2008 with a mission to ethically source the world’s rarest and most unique green coffees. The brand currently has additional cafés in Brooklyn’s Williamsburg, Greenpoint and Bushwick neighborhoods.

Located on the south east corner of West 25th Street, the new space is directly across Whole Foods and one block south of the Fashion Institute of Technology (FIT).

For more, download the full article in PDF

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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.

 

Real Estate Weekly

Douglas Elliman brings Mah-Ze-Dahr to Greenwich Village

mahzedahr-e1474478281497Douglas Elliman has brought bakery star Mah-Ze-Dahr to its first bricks-and-mortar store location.

The 2,290 s/f shop at 28 Greenwich Avenue in The Village has been completely renovated to expand a window opening up to a rear court yard and create a usable lower level.

“They built a beautiful space and are an added addition to the positive changing face of Greenwich Avenue,” said Anita Grossberg, of the Sroka Worldwide Team, who represented Mah-Ze-Dahr along with Marie Espinal, of the Margolis Team. “We searched for around one year to identify the best location.”

Founded in 2003 by investment banker- turned baker Umber Ahmad as a wholesale bakery, Mah-Ze-Dahr has grown to become a popular purveyor of sweets and tweets whose customers include Oprah.

Ahmad has signed a 13-year lease for the new shop at 28 Greenwich, which will open tomorrow (Thursday).

Joshua Siegelman, of Winick Realty Group, represented the landlord in the transaction.

For more, download the full article in PDF

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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.

real deal logo

New Japanese eatery to serve up steaks at lightning speed in East Village

ikinari steakThink restaurants in the East Village take too long and have too many chairs? Well this one is for you. Ikinari Steak, a popular quick-service Japanese steakhouse known for its lack of chairs, is coming to 90 East 10th Street.

Ikinari Steak is designed to stuff you full of steak at lightning speed and, at least in Japan, forgoes seating for standing tables in order to accomplish that. However, it is yet unclear whether the chain’s newest location will have seating or not when it opens later this year, according to Eater.

Owned by chef and restaurateur Kunio Ichinose, the restaurant applied for a liquor license this month, and the application notes that the restaurant will have 50 seats and 15 tables – but who knows?

Ikinari boasts more than 50 locations, with more on the way.

“Customers stand at 1m-high tables and order the precise number of grammes desired. The cost — Y5/gramme for rib-eye to more than Y10/g for sirloin — gives customers what Mr. Ichinose claims is a vital sense of control,” the Financial Times explains.

This place is sure to be popular with downtown brokers on the go.

Josh Siegelman and Ian Zimmerman of Winick Realty Group represented the landlord, ELK Investors, in the deal.

For more, download the full article in PDF

THE REAL DEAL_080616_New Japanese eatery to serve up steaks at lightning speed in East Village

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.