Argo Real Estate reveals new retail vacancy at 50 West 17th Street

Argo Real Estate revealed a new retail vacancy at 50 West 17th Street, the company's headquarters. Located at the crossroads between Union Square, Flatiron and Chelsea, the property boasts a premier restaurant/retail space that offers tenants the opportunity to become a touch-point for three of Manhattan's most traversed neighborhoods. Formerly occupied by the nightclub Splash, this is the first time the space has been available in 20 years. In addition to its ideal location, the space itself offers two full selling levels totaling 9,000 s/f with exceptional ceiling heights throughout and 45 feet of frontage on this heavily trafficked thoroughfare. It also happens to be surrounded by some of Manhattan's best reviewed restaurants and retailers such as BLT Fish, Blue Water Grill, Union Square Café, Aldea, Raines Law Room, Paul Smith, Coach, Anthropologie, JCrew, Bed Bath & Beyond, drybar and SoulCycle. "There has been a flurry of activity since Splash broke the word that they were leaving," Marina Higgins, Argo's director of leasing, recently told The Commercial Observer. "The space is very unique, with extremely high ceilings, very few columns or obstructions and a very large basement." Currently receiving inquiries, restaurateurs and health club owners have shown significant interest in the space; however Argo is open to an array of retail tenant options. An industry veteran, Argo is known as an owner/operator of residential properties, converter of rental apartments to coops and condos and third party property manager. A family business, Argo Real Estate began operating just over 60 years ago with founder Henry Moskowitz at its helm. Today the company is led by son Mark Moskowitz.