News: Shopping Centers

Duane Reade expands to 17,000 s/f at 155 E. 34th

According to Buchbinder & Warren LLC, William Abramson of Buchbinder & Warren has represented property ownership in a recent leasing transaction at 155 East 34th St. Duane Reade has renewed and expanded their existing 10,000 s/f lease. They have taken an additional 7,000 s/f, expanding their footprint to 17,000 s/f and extended their exisiting lease to 22 years. The company plans on making a mega-store which includes the sale of food. Jeff Winick of Winick Realty represented Duane Reade in the transaction.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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