News: Brokerage

Gedinsky and Rapuano of Winick lease 3,270 s/f

According to the Winick Realty Group team of Kelly Gedinsky and Charles Rapuano, two new locations have been leased to European Wax Center. Gedinsky and Rapuano represented European Wax Center in both of the long-term leases totaling 3,270 s/f. European Wax Center will occupy 1,500 s/f of retail space at 2409 Broadway, the former Cardinal Camera Store located between 88th and 89th Sts. Landlord 2409 Broadway Associates was represented by Jason Pruger and Ross Kaplan of NGKF. The retailer also leased 1,770 s/f at 805 Columbus Ave., located within the Columbus Sq. Development. Gedinsky and Rapuano represented ownership, along with Winick executive VP Lori Shabtai. "The brand is in full expansion mode," both brokers said. "And they are currently focused on building their presence on both the Upper East and Upper West Sides." "European Wax Center has very specific layout requirements and these two stores were able to accommodate both the 10-foot ceilings they need to install their signature arch and the 20-foot storefront needed to achieve the seamless store flow their customers have come to know and love," said Gedinsky and Rapuano. "Even though the two stores are only approximately 10 blocks apart, Columbus Square has such a unique feel that the tenant felt both neighborhoods were drastically different." Gedinsky and Rapuano are currently working with European Wax Center to secure an additional location on the Upper East Side above 59th Street. Please submit applicable sites to [email protected] or [email protected].
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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,