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Posted: April 11, 2011
Baker and Singer of Winick Realty represent TF Cornerstone for 19,920 s/f; Newmark Knight Frank and KGW Associates assist
Winick Realty Group LLC has completed leasing the retail space at 505 West 37th St., the mixed-use complex between 10th and 11th Aves. on 37th to 38th Sts. in the Hudson Yards area. Winick Realty Group LLC president Steven Baker and associate director Josh Singer represented landlord TF Cornerstone in two long-term lease transactions totaling 19,920 s/f.
Ark Restaurants leased 10,350 s/f for an as-yet-unnamed restaurant concept. The eatery will occupy a ground-floor space stretching across 10th Ave. for what Ark describes as an "upscale, modern" dining experience. The building will also be home to Pillars 37 and Pillars 38, a new private event venue and catering hall from the owners of nearby Loft Eleven. The 9,570 s/f space is on both 37th and 38th Sts. and also includes a terrace.
"We are proud to have leased 20,000 s/f of retail at 505 West 37th St. on behalf of TF Cornerstone," said Baker. "These tenants will help change Hudson Yards into the next cool, hip neighborhood. We aim to continue that trend with the two remaining spaces at 505's sister building, 455 West 37th St., or ensure that incoming tenants provide essential services to the community."
Newmark Knight Frank represented the catering hall, while Ark Restaurants was represented by KGW Associates.
Established in 1982, Winick Realty Group LLC is one of New York's prominent real estate firms specializing in retail leasing and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group LLC is highly recognized as a forerunner in the retail real estate market.
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