Shopping Centers

Suede and Soyak of Cushman & Wakefield named exclusive sales agents for retail condo in TriBeCa

Manhattan, NY Cushman & Wakefield has been retained on an exclusive basis to market for sale the 2,040 s/f ground retail unit at 391 Broadway Street in TriBeCa. A Cushman & Wakefield team consisting of Maurice Suede and Dan Soyak will be leading the marketing efforts on behalf of the property’s seller, Itzhaki Acquisitions.

Goldban of Brookfield Properties completes 2,300 s/f lease for Shakespeare & Co.

Manhattan, NY According to Brookfield Properties, Shakespeare & Co. will open a new store at Brookfield Place at 230 Vesey St. in Lower Manhattan as part of their ongoing expansion plans. The planned opening date is January 2020.

Forelli of The Feil Org. arranges 9,660 s/f lease to Goldfish Swim School;
Gillman of The Shopping Center Group represents tenant

Queens, NY Goldfish Swim School will soon enhance the newly renovated Glen Oaks Shopping Center, occupying 9,660 s/f of the 187,650 s/f retail center, according to The Feil Org. the open-air center's owner and manager. This new 10-year lease brings the retail center to 99% leased.

Claffey of RFR arranges 7,748 s/f retail lease to Republic Bank; Assisted by Rchman, Gilbert and Hafen of SRS Real Estate

Manhattan, NY According to RFR, Republic First Bancorp, Inc. (Republic Bank) signed a 15-year retail lease at 90 Fifth Ave. The lease agreement totals 7,748 s/f, including 3,920 s/f on the ground floor and 3,828 s/f on the lower level of the 140,000 s/f property, which is located at the corner of Fifth Ave. and West 14th St.

Karas and Block of Winick broker 1,750 s/f to Taco Bell Cantina

Manhattan, NY Taco Bell has signed a lease for the company’s latest Cantina location at 230 Varick St. between Downing and Carmine Sts. in the midst of a growing dining destination within the West Village.

Kapnick and Watson of Lee NYC lease 1,250 s/f

Manhattan, NY Mark Kapnick, executive vice president/principal, and Michael Watson, associate director, of Lee & Associates NYC have negotiated a ground-floor, 1,250 s/f lease at 375 Sixth Ave., between Washington and Waverly Places, for Uni K Wax. The tenant was represented by Goldco Realty.

REBNY Report: Brooklyn retail average asking rents cool in winter 2019

Brooklyn, NY Average asking rents for available ground floor retail spaces increased year-over-year in five of the 17 Brooklyn corridors analyzed by the Real Estate Board of New York (REBNY) in its bi-annual Brooklyn Retail Report.

Henderson of Marx Realty leases 25,000 s/f to Foot Locker in Washington Heights

Manhattan, NY According to Marx Realty, a New York-based owner, developer and manager of office, retail and multifamily property across the U.S., Foot Locker has inked a deal to lease 25,000 s/f at 605 W 181st St. in Washington Heights.

REBNY Report: Declining Manhattan retail average asking rents attract retailer interest in spring 2019

New York, NYThis spring, average asking rents for available ground floor retail spaces decreased year-over-year in 12 of the 17 Manhattan corridors analyzed by the Real Estate Board of New York (REBNY) in its bi-annual Manhattan Retail Report.

Schechtman, Kassin & Lieberman of Meridian sell 2,200 s/f retail condo – $6.5M; Developed by Sumaida + Khurana

Manhattan, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a retail condominium in the Lower East Side for $6.5 million. Senior executive managing director, David Schechtman, and managing directors,