News: Brokerage

Baker, Fishbein and Wintner of Winick arrange 3,824 s/f lease

827 First Avenue - New York, NY 827 First Avenue - New York, NY

New York, NY New York Kids Club, the popular children’s enrichment center offering classes, day camps and events at 10 locations throughout the city, has signed a long-term lease at 1827 First Ave., located on the northwest corner of First Ave. and East 94th St.

The 3,824 s/f space is located at the base of The Chesapeake, a 208-unit rental apartment building owned by Fetner. The building sits one block from the new Second Ave. Subway entrance coming soon to East 94th St. and Second Ave., and it is surrounded by residential developments, parks and schools drawing families from across the Upper East Side.

“New York Kids Club is a great complement to the building as they will be an incredible amenity for the many families who live here,” said Winick Realty Group president Steven Baker, who represented landlord Fetner along with Aaron  Fishbein and Jeremy Wintner. “We are pleased to have been able to complete the leasing assignment, bringing this high-class tenant to the neighborhood.” 

The new location for New York Kids Club, which is expected to open by the end of 2016, features 120 feet of wrap around all-glass frontage for maximum branding and visibility. New York Kids Club was represented by Neal Ohm.

MORE FROM Brokerage

SCRE expands Brooklyn family retail sector through dual closings

Brooklyn, NY Saugatuck Commercial Real Estate (SCRE) has finalized two retail leasing transactions targeting family-oriented services. Both long-term leases were brokered by Erika Tulsi, Licensed Real Estate Associate at SCRE.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking