Bulow of Lee NYC arranges 2,800 s/f retail lease to DeeDaa; Birnbaum and Cohen of NGKF represent tenant
The New York office of Lee & Associates NYC LLC (Lee NYC), a privately-held national commercial real estate firm, has arranged a new location for DeeDaa at 668 Sixth Ave., between 20th and 21st Sts. Lee NYC managing director Harris Bulow exclusively represented the landlord for the 2,800 s/f multi-level space, which was formerly occupied by BBQue's Smoke Shack. The new store will be DeeDaa's third area location.
"This retail market has become very tight, so we had a choice of tenants," said Bulow. "But DeeDaa is a terrific addition to the neighborhood, full of healthy and delicious fast-dining options, like Pret A Manger, Hale & Hearty and Tres Carnes."
The tenant was represented by Ben Birnbaum, managing director, and Michael Cohen, associate, Newmark Grubb Knight Frank.
In addition to the ground level space at the building, Bulow is representing a 1,000 s/f office space on the fourth floor.
He said, "Now that the ground floor has been leased to a great tenant, we are fairly certain our last space in the building will lease up quickly, too."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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 housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.