Real Estate Weekly: REcon 2013: Day Two in pictures
REcon 2013: Day Two in pictures
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Real Estate Weekly: Pool parties and potty training: REcon 2013 kicks off in Las Vegas
Pool parties and potty training: REcon 2013 kicks off in Las Vegas
The buzz of activity at the Las Vegas Convention Center Sunday will pick up to a roar Monday morning, and many attendees spent the day offsite in town.
Newmark Grubb Knight Frank’s Jeff Roseman tweeted his appreciation of his lunch at Mesa Grill. Many other New York brokers, including Massey Knakal’s Bob Knakal, Winick Realty’s Jeff Winick and Steve Baker and Eastern Consolidated’s Adelaide Polsinelli, were spotted poolside at the Wynn, a popular hotel for among convention-goers.
But even in the sun-soak environment of cabanas and “European style” sun bathing, the real business of RECon is never far from everyone’s minds.
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Real Estate Weekly: New York’s retail power players and their Vegas agendas
New York’s retail power players and their Vegas agendas
Steven Baker, President, Winick Realty
Booth: C140 F Street. We are rebranding, so if you visit our booth you’ll see it, along with our logo and corporate brochures, have been redesigned. Our new look reflects our expanded geographic focus and strengthened client roster.
Space to Fill: Our company currently has more than 135 exclusive listings in all five boroughs of New York City, as well as Long Island, New Jersey, and Westchester County.
Mission: Meet as many new people as I can—people I don’t see locally—and have the chance to move some of our deals forward in a face-to-face environment.
Tips for First Timers: Meet as many new people as you can and be professional.
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rew_051513_new york’s retail power players and their vegas agendas
Real Estate Weekly: Winick eyes succession in family biz
Winick eyes succession in family biz
When Jeff Winick founded Winick Realty 25 years ago, he recalls, “nobody cared about doing retail. It was the tail wagging the dog of real estate.” Founding a retail-specialized brokerage was “the path of lease resistance.”
These days, Manhattan retail space can rent for thousands of dollars per square foot, and Winick’s venture has grown from a one-man shop to include approximately 35 brokers and salespeople.
“I’m proud of the brand we’ve built,” he said.
A Queens native who “didn’t really” finish college, Winick got into real estate after having some success in the fashion industry.
“There’s something about sales people in the fashion business, they relate very well to retail,” he said.
The company represents retail landlords and tenants in the New York Metro region, with a client list that includes Chipotle, Starbucks, Duane Reade, New York Sports Club and Kay Jewelers.
On the landlord side, the company represents large blocks of space from Columbus Circle to Fifth Avenue to Brooklyn’s Flatbush Avenue.
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Real Estate Weekly: Blink Fitness works out deal for space at new luxury condo
Blink Fitness works out deal for space at new luxury condo
Winick Realty Group announced a 15,500 s/f lease for Blink Fitness at the base of Chelsea Park, a new residential building located at 260 West 26th Street.
Alexander Hill of Winick Realty Group represented ownership, and Blink Fitness was represented by Peter Levine of Charter Realty & Development.
Blink will have a ground-floor entrance at 308 Eighth Avenue, on the southeast corner of 26th Street, which will lead down to a lower-level gym that focuses on brand-name cardio and strength training equipment, free weights and a dedicated functional training area.
“This area of Eighth Avenue is ideal for retailers because of its strong residential population, the proximity to FIT, and the growing popularity of Chelsea,” said Hill. “Blink will be an amenity to the building, and a phenomenal co-tenant for the ground floor retail.”
Hill is currently marketing 15,511 s/f of ground-floor space at Chelsea Park for another retailer to join Blink Fitness.
The remaining available retail space features over 200 feet of frontage and 14-foot ceilings. Logical divisions will be considered and the space can be vented for a restaurant or gourmet supermarket.
The 12-story Chelsea Park, located on the corner of Eighth Avenue and West 26th Street, consists of 204 luxury rental apartments ranging from studios to two-bedroom units.
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rew_051513_Blink Fitness works out deal for space at new luxury condo
Real Estate Weekly: Flatbush flagship ripe for the picking, says Winick
Flatbush flagship ripe for the picking, says Winick
Winick Realty Group announced that Capstone Equities has selected the firm to market more than 14,000 s/f of retail at One Flatbush Avenue in Brooklyn.
Executive vice presidents Darrell Rubens and Diana D. Boutross, along with associate Matthew Schuss, will lead the assignment.
Located at the corner of Flatbush and Fulton, One Flatbush Avenue is on the most visible corner in Brooklyn, the third largest market in the United States.
With over 200 ft. of signage and two floors of retail, the property is prime for one brand to plant its flagship, according to Rubens.
“The amount of new development that has gone on in this area of Brooklyn is amazing,” he said.
“There are more new residences going up around One Flatbush Avenue than ever before and, as a result, the streets are teeming with shoppers all day long.
“It behooves any brand to take advantage of the opportunity available at One Flatbush as this already bustling area is only going to grow stronger in the years to come.”
The retail at One Flatbush Avenue includes 14 ft. ceilings on the 7,000 s/f ground and second floors, in addition to 5,000 s/f in the basement.
The store is surrounded by the Barclays Arena and BAM, and it is situated at the gateway to the Fulton Mall, the sixth largest shopping street in New York City with more than 100,000 shoppers per day.
More than 78,000 cars pass the site each day, while more than 11,000 people utilize the Nevins Street subway station directly in front.
One Flatbush Avenue also sits directly behind Fox Square, a 6,000 s/f public plaza maintained by the Downtown Brooklyn Partnership.
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rew_050813_Flatbush flagship ripe for the picking, says Winick
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