News: Brokerage

Consolo, Aquino and Maglio of Douglas Elliman broker 1,700 s/f lease for Finest Cafe & Marketplace

Sales and leasing consultants Faith Hope Consolo, chairman, Joseph Aquino, executive VP and Arthur Maglio of Douglas Elliman's Retail Group have arranged a 1,700 s/f lease for Finest Café & Marketplace at 46 Trinity Place, between Edgar and Rector Sts. The space features 35 ft. of frontage. It will be the restaurant group's fifth Manhattan location and its first in the Financial District. Consolo, Aquino and Maglio exclusively represented the landlord and tenant. "This is a great location for a restaurant, situated within a very strong employee market and developing residential market," said Consolo. "Casual dining and take-out are N.Y. standards, so workers will stop by to pick up their breakfast or lunch and residents will have a great place to grab a quick bite." Maglio said, "The area is continuing to thrive, the 9/11 memorial has generated a tremendous amount of traffic and tourism. The tenant will find a wide range of customer bases quickly as the café offers something for everyone." Nearby businesses include Century 21 Department Store, Brooks Brothers, Men's Wearhouse and John Allen's. In addition, it is close to Zuccotti Park, The Millenium Hilton and the National September 11 Memorial & Museum.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for