Articles in the Retail Category
Voda Bauer Real Estate announced that the firm has signed an exclusive agreement with Westville Group to help the company find its fifth restaurant location and purchase a building to construct its commissary.
Westville is seeking the commissary in Brooklyn or Manhattan and also looking for a 2,000 to 5,000 s/f restaurant with heavy traffic, high visibility and close proximity to public transportation.
Westville opened its first location at 210 West 10th Street in 2003, and then expanded to the East Village, helsea and Hudson Square.
Kalmon Dolgin Affiliates (KDA) has arranged a 2,000 s/f lease expansion for Buy It Here Now, a retail store, at 4916 Avenue K in the Flatlands section of Brooklyn, NY.
Jeffrey Unger arranged the lease on behalf of the owner, 4916-4924 Ave K Realty, and the tenant, Buy It Here Now. The tenant is expanding to 4916 Avenue K from its former location, where they occupied approximately 500 s/f.
Buy It Here Now joins several existing retail tenants at the Avenue K shopping strip, including Dunkin’ Donuts, a Chinese restaurant, health food …
RKF has been retained as exclusive leasing agent for a 2,740 s/f retail space at 47 Seventh Avenue South, aka 13 Morton Street, in the West Village.
Situated at the northeast corner of Morton Street, 47 Seventh Avenue South consists of 2,000 s/f on the ground foor and 740 s/f in the basement.
The space currently occupied by Japanese restaurant Soy and Sake, is fully vented and fixtured, and features 70 feet of wraparound frontage and a 52-seat enclosed sidewalk café.
RKF executive vice president Ariel Schuster and associate Ernie Getz are actively …
Itzhaki Acquisitions has completed the ground-up development of a 14,000 s/f retail building at 117-02 to 117-10 Guy Brewer Boulevard in Queens.
The single-story retail building is fully leased to two tenants, Family Dollar and Afro-American Parents Educational Center.
Family Dollar signed a 10-year lease for 9,000 s/f. Afro-American Parents Educational Center, which specializes in preschool and child care services, signed a five-year lease for 5,000 s/f.
David Feit, Esq. represented the ownership in the leasing. Itzhaki Acquisitions leased the space as a white box and did a custom build-out for the childcare …
Hell’s Kitchen is heating up this summer with a ground floor retail space opening up at 776 Ninth Avenue, between 51st and 52nd Street.
Eastern Consolidated has been retained as the exclusive leasing agent for the 3,950 s/f ground floor plus basement unit, which features indoor and outdoor seating in both the front and rear of the building.
The offering includes 2,250 s/f on the ground floor; 1,700 s/f on the lower level, comprised of walk-in refrigerators, storage, and office space; and 25 feet of frontage on busy Ninth Avenue.
The ground floor …
Stonehenge Partners announced the signing of a 10-year lease with FIKA, the famed Swedish espresso and chocolate bar, for a 1,300 s/f space at its 555 Sixth Avenue retail property.
FIKA joins the ranks of the just-opened BFX Studio, a new high-end fitness boutique by Town Sports International, which occupies a 10,000 s/f space.
“We think of 555 Sixth as the miracle on Sixth Avenue and it’s living up to our expectations by attracting retailers like FIKA and BFX that enhance the lifestyle of the growing residential community here,” said Ofer Yardeni, …
JFK International Air Terminal, LLC (JFKIAT), the company which operates Terminal 4 at John F. Kennedy International Airport — in partnership food operator SSP America — has opened the airport’s first full service, fully authentic New York City diner.
Sitting on 4,000 s/f, Central Diner is a 1930’s inspired restaurant. The only diner to operate at any of New York City’s airports, the Central Diner is the only pre-security sit-down dining option at the terminal.
It features a traditional service counter surrounded by banquette, booth and patio seating. A take-out window is …
Deals & Dealmakers, Headline, Retail »
An ABS leasing team is marketing retail space in a Flatiron corridor that has outstripped Fifth Avenue as the hottest spot for foot traffic.
John Brod and Gregg Schenker, of ABS Real Estate, commissioned a pedestrian traffic study at 915 Broadway, where the duo is marketing an 8,000 s/f ground-floor flagship space.
“I think this is a condition in the marketplace that very few retailers and real estate professionals are aware of and makes for a unique opportunity for tenants and brokers to be ahead of the curve with this knowledge and take advantage of,” said Schenker.
Deals & Dealmakers, Retail »
New York-based full-service commercial real estate firm ABS Partners Real Estate, LLC, along with BFJ Planning, a consulting firm providing professional expertise in planning, urban design, environmental analysis, real estate and transportation, announced the findings of a recent study on pedestrian traffic on Broadway and Fifth Avenue in the Flatiron District. The study concluded that Broadway experiences nearly 12 percent more pedestrians on a typical Wednesday and 24 percent more pedestrians on a typical Saturday.
“The Broadway Corridor that connects Union Square Park and Madison Square Park has seen pedestrian foot …
■ RKF has arranged a 1,300 s/f lease for Dita, an eyewear retailer, at 273 Lafayette Street in SoHo.
It will be the Los Angeles-based Dita’s first Manhattan location and its New York flagship.
RKF’s Joshua Strauss and Taryn Talmadge represented Dita. Matt Cohen and Alan Victor of The Lansco Corporation acted on behalf of the landlord.
Scheduled to open this fall, Dita will occupy the ground and lower levels of the 29,860-square-foot property, adjacent to Scotch & Soda and DNA Footwear.
■ Faith Hope Consolo, Joseph Aquino and Arthur Maglio of Douglas Elliman’s …