News: Brokerage

DePasquale of Katz & Associates facilitates five leases totaling 9,338 s/f

Shown (from left) are: 37-40 74th Street, 69 East 125th Street, and 225 Fourth Avenue - New York, NY

New York, NY Daniel DePasquale, director, Katz & Associates, has closed five lease deals. He has two signed leases in Brooklyn, two in Jackson Heights, and one in Harlem.

Daniel DePasquale

On behalf of Greystone Development, DePasquale’s signed leases:

At 225 Fourth Ave. in Brooklyn: 1,850 s/f in a lease to bring a UPS store. The store is slated to open this summer.

At 69 East 125th St. in Harlem: 3,500 s/f in a lease to bring a COVID data collection center that is now open.

On behalf of Midwood Investment & Development, DePasquale’s signed leases in Jackson Heights:

At 37-39 74th St.: 1,682 s/f plus basement, a graphics/printing tenant. A five-year lease with a five-year option.

At 37-40 74th St.: 1,706 s/f plus basement, Abid Jewelers, a jewelry tenant, a 10-year lease with a five-year option.

Both tenants are slated to open this spring.

Lastly, DePasquale represented Red Chaconia, LLC for a 600 s/f café at 616 Flatbush Ave., slated to open this summer.

Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Boca Raton, Charlotte, New Jersey, Nashville, and Orlando. Katz & Associates’ primary focus is assisting retailers, restaurants, and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations, and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.

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