News: Brokerage

Consolo, Aquino and Maglio of Douglas Elliman broker 1,000 s/f lease

The leasing and sales team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, along with Arthur Maglio, of Douglas Elliman's retail group, is bringing YSB Salon to 2520 Frederick Douglass Blvd., between 134th and 135th Sts. The 1,000 s/f store (ground level 550 s/f and lower level 450 s/f) is one of a new portfolio that the team is exclusively representing, with spaces located in Central Harlem. Consolo, Aquino and Maglio represented the landlord, The Greater Harlem Housing Development Corp., and tenant. The space was previously occupied by the Beauty Center. "We were instrumental in transforming the retail landscape in the southern part of the district, and now we are going to upgrade the profile here," said Consolo. "This salon is a prime example of catering to the neighborhood's changing needs because it offers many spa-like services, not yet seen here." Maglio said, "There is so much activity north of 125th St. that this has become the next frontier for new restaurants and shops in Harlem. There is an educated consumer base in the area, with disposable income, that would welcome better retail and services." Other businesses in the area include Londel's Restaurant, J. Restaurant Chez Asta, Chase Bank, Duane Reade, Fine Fare Supermarket, IHOP and Make My Cake. Douglas Elliman's Retail Group team has a well-established history of arranging leases for much needed services throughout the area, including community-based businesses and government agencies. Among them are Tribeca Pediatrics, Children's Aid Society, AIDS Service Center NYC, Food Bank for NYC, Ralph Lauren Center for Cancer Care and Prevention, Friends of the Children, Central Park North Orthodontics, Sunshine Day Care, Sugar Hill Medical Plaza, U.S. Department of Veterans Affairs and the Internal Revenue Service.
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