Douglas Elliman's Consolo, Aquino and Maglio lease 6,750 s/f
The leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, along with Arthur Maglio, of Douglas Elliman's Retail Group has secured a new location for Sunshine Day Care at 1325 Fifth Ave., between 111th and 112th Sts. It is an expansion of their program, which opened three years ago across the street at 1330 Fifth Ave.
Between the two Harlem locations, Sunshine Day Care will now occupy more than 6,750 s/f of facility space on the one block. In each transaction, Consolo, Aquino and Maglio represented both the tenant and landlord, Tahl Propp Equities.
"The expansion of this well-respected day care provider speaks volumes about the demand for quality neighborhood services," said Consolo. "Having introduced them to Harlem a few years ago, we are thrilled to see the tremendous amount of success they are having at this location."
Maglio said, "The neighborhood is still far underserved, but retailers and service-based organizations are beginning to understand that Harlem is a place they need to be. It is no coincidence that we brought a cutting-edge pediatrics clinic to Frederick Douglass Blvd. just last month."
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 U.S. Department of Veterans Affairs, Internal Revenue Service, Children's Aid Society, Ralph Lauren Center for Cancer Care and Prevention, Friends of the Children, AIDS Services Center NYC, Tribeca Pediatrics and Pono Learning.
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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their