Round 2 bids for Riverside In the final month of 2011, Crown Acquisitions spent $20 million on three off-market sites in Brooklyn, Queens and Staten Island, cutting deals with national retailers for each of the properties. “We are always in the market for these deals,” said Ike Chera, a principal in the family firm. In Greenpoint, [...]
B’way lands Normandy Danny Hodak, who previously opened the acclaimed Mediterranean eatery Taboon, has leased 1,000 square feet at 30 E. 13th St. across from the New School for a new, quick service spot that will have a homey feel and a wood floor. Hodek also owns a wood-floor finishing company. Area asking rents range [...]
Chic bistro in Hell’s Kitchen Ark Restaurants will open a new upscale, modern restaurant in Hell’s Kitchen with a menu designed by David Waltuck, the former chef and owner of Chanterelle. The 10,530-square-foot, ground floor restaurant will be located on Tenth Avenue between 37th and 38th Streets, in the base of the new TF Cornerstone [...]
EMS is Taking a Hike Uptown Eastern Mountain Sports is climbing into a nearly 13,000 square foot duplex retail space in the Laureate condominium on the southeast corner of Broadway and West 76th Street. The store will open next fall at 2150 Broadway in 4,100 square feet at the street level and 8,700 square feet [...]
Home Court Sealing the deal, doing the ‘I do’ Off the market! Congratulations to Daniel Gohari, founder of the Xerxes Group real estate firm, and his new bride, Alexandra, whose wedding guests included Joseph Moinian, Morris Moinian, Kenny Dichter, Jeff Winick, Misha Haghani and Steven Cayre. For more, download the full article in PDF NY [...]
3 suitors for Fashion site The Poulakakos family is bringing its newest concept, Harry’s Italian, to 900 square feet in the concourse at 30 Rock, where it will open in time for Christmas, right across from chocolatier Jacques Torres. Sources said the asking rent was in the mid-$200s per foot. Darrell Rubens and Annie Shinn [...]
REI sets up camp in NY Rei, the 112-store retailer of outdoor gear and apparel, said it will open its first Big Apple store in the fall of 2011 in 39,000 square feet of space in the Puck Building in SoHo. The three-level store in the Kushner Companies will employ about 100 people. In an [...]
Argonaut Building Sold After closing stores a few years ago, contemporary furniture retailer Straight From the Crate is expanding again, leasing what is now its second Manhattan store at 295 Park Ave. South near E. 23 Street. The store will open in the fall. Its original store is at 1114 First Ave. at 61 Street. [...]
Eating Up NYC Food franchisers hunt for stores A bevy of food franchisers are taking advantage of lower retail leasing costs to ferret out local opportunities. The group of foodies includes Menchie’s healthy yogurts, Tio Juan’s Margaritas Mexican Restaurant & Watering Hole, a Scottish-inspired sports bar, Tilted Kilt, and Energy Kitchen’s healthy meal alternatives. [...]
March Madness Worldwide competitors jostle for retail space March Madness is setting in as optimism replaces recessionism. Retail brokers report a flurry of tours and activity as well as signed leases as all their work over the last few months is finally paying off. Kelly Gedinsky, associate broker with Winick Realty Group, is marketing the [...]
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ICSC Spring 2011 Showcase Magazine
