News: Brokerage

Consolo, Aquino and Maglio of Douglas Elliman lease space to Food Bank For NYC

The leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, along with Arthur Maglio, of Douglas Elliman's retail group has leased a storefront space to the Food Bank For NYC at 71 St. Nicholas Ave., between 113th and 114th Sts. Located close to the Food Bank's Harlem Community Kitchen & Food Pantry, the facility is responsible for 50,000 meals a month to New Yorkers in need. The new space will serve as administrative offices to support this program. Consolo, Aquino and Maglio represented the landlord, Tahl Propp Equities. The tenant was represented by Stone Land Capital. "There is a critical need in the neighborhood for this organization and we are thrilled to have had the opportunity accommodate them," said Consolo. "Our team has been instrumental in contributing to important change here, addressing the needs of the community on all socioeconomic levels." Maglio said, "Over the years, the leases we have arranged in Harlem have added value to each property, and at the same time, have had a positive impact on the lives of the neighborhood residents. Last month, we enabled an orthodontist to open a new practice around the corner; and just before that, we leased a nearby space to a cutting-edge pediatrics clinic." Among many of the other service-based, community-based and government groups that the Douglas Elliman Retail Group has brought to Harlem in recent years are the Children's Aid Society, AIDS Service Center NYC, Ralph Lauren Center for Cancer Care and Prevention, Friends of the Children, U.S. Department of Veterans Affairs, Internal Revenue Service, Tribeca Pediatrics, Central Park Orthodontics. Pono Learning, Sunshine Day Care, and Sugar Hill Medical Plaza.
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