News: Brokerage

Consolo and Aquino of Pru. Douglas Elliman to market Cohen Bros. space

The retail leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president, of Prudential Douglas Elliman's Retail Leasing and Sales Division, has secured several exclusive agencies to market high-profile retail spaces in a Manhattan real estate portfolio owned by Cohen Brothers Realty Corp. These office buildings are located throughout Midtown and Midtown South. "I am pleased to be once again representing Charles in the leasing of this prominent retail portfolio," said Consolo. "His buildings are on the most sought after streets in New York City." The availabilities are: * Grand Central Plaza at 622 Third Ave. is a fully-built restaurant space located in a free-standing building on the corner of Third Ave. and 40th St. The space features 6,000 s/f at ground level, 3,000 s/f at the second level and 13,000 s/f of selling basement that includes a fully-built catering kitchen. * The D Building at 979 Third Ave., (222 East 59th St.) a three-level, 12,220 s/f showroom space is being offered exclusively to the design trade. The offering comprises 30 ft. of frontage on East 59th St. between Third and Second Aves., along with 2,675 s/f at ground level; 2,475 s/f at mezzanine level; and 7,070 s/f at the second level, with an additional 1,000 s/f of outdoor terrace. * 135 East 57th St. contains two spaces being offered. A 2,500 s/f ground floor space located between Park and Lexington Aves. with 25 ft. of frontage and an additional 600 s/f on the lower level. The second space is a corner location with 4,730 s/f of ground level space and 75 ft. of frontage along East 57th St. and Lexington Ave. and a private elevator on premise. There is 3,125 s/f of additional space available on the second level and 600 s/f on the lower level. * International Plaza at 750 Lexington Ave. is located between East 59th and 60th Sts. and offering 30 s/f of frontage on Lexington Ave, the space consists of 2,000 s/f at ground level with an additional 600 s/f of mezzanine and 2,500 s/f of lower level space.In addition, a contiguous second retail level of 17,350 s/f is becoming available, which may be combined. *805 Third Ave. is situated on the easterly block front between 49th and 50th Sts., the multiple space offering includes 1,700 s/f on the ground level on 50th St., plus 500 s/f on the lower level. In addition, two contiguous spaces are available comprising a 450 s/f space and a 350 s/f space, which may also be combined into 800 s/f. Finally, a 511 s/f atrium level showroom or office space is available. * Three Park Ave. is located at the corner of Park Ave. and 34th St., the space encompasses 4,000 s/f on the ground level and 2,700 s/f of mezzanine. The store features 70 ft. of double-height windowed frontage. Aquino said, "It is a privilege to be selected for this assignment. We look forward to working with the brokerage community to secure the best retailers and restaurateurs for these significant retail locations." Manhattan-based Cohen Brothers Realty Corp. is a multi-faceted real estate development company that owns and manages over twelve million square feet of prime Manhattan, West Side Los Angeles, Florida and Houston commercial space.  The firm has been active for over 40 years in real estate investment, ownership, management and development. Prudential Douglas Elliman's Retail Leasing and Sales Division specializes in providing comprehensive counsel to an array of tenants and landlords, locally, nationally and internationally. With expertise in markets across the country, the group locates retail space coast to coast. It is also renowned for its track record in identifying and securing the best locations for prominent international retailers' U.S. operations; representing many of the country's most top landlords in finding high-profile retailers for their spaces.  The group's experienced team of professionals also provides strategic planning and consulting services. In New York, the division's presence spans all five boroughs, with satellite offices continuing to open in new neighborhoods.The Retail Leasing and Sales Division of Prudential Douglas Elliman oversees retail operations for the 50 Prudential CRES Commercial Real Estate offices (retail services divisions) nationwide. It is part of a preeminent real estate organization with more than 4,000 agents, residential and commercial, and a network of national and international affiliates. Ranked in the top five real estate brokerages nationally, Prudential Douglas Elliman Real Estate is an independently owned and operated member of the Prudential Real Estate Affiliates and an equal housing opportunity company. retail spaces in a Manhattan real estate portfolio owned by Cohen Brothers Realty Corporation.
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