Condren, Danut and Chew of CPEX secure lease at 75A 5th Avenue; Cushman & Wakefield rep tenant - BKLYN Juice Co.
The CPEX New York retail leasing team completed a lease agreement at 75A 5th Ave. with BKLYN Juice Co. Located in Park Slope, 75A 5th Ave. is a mixed-use building featuring 650 s/f of ground floor retail space, with an additional 600 s/f of below-grade space and 450 s/f of backyard space. BKLYN Juice is taking over the location from a local children's clothing store that is relocating to 4th Ave.
CPEX's retail leasing team, consisting of managing director Ryan Condren, Associate Director George Danut and Associate Keat Chew, represented the landlord in the lease transaction. Cushman & Wakefield represented BKLYN Juice Co. LLC.
"5th Ave. has clearly become the primary beneficiary of the Barclays Center, and it's not surprising to see pricing now at a 'new norm' of over $100 per s/f," said Condren. "We believe that BKLYN Juice will be a great amenity for the residents of Park Slope looking for healthy, organic options."
Manhattan, NY 122 Madison Ave.’s half-floor Residence 14 North went into contract for $21.175 million. This was a top deal in the Olshan report and the only deal above $10 million.
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.
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
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
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,