News: Brokerage

Himmel & Meringoff leases 5,500 s/f to Hartstrings at 1114 First Avenue

Himmel & Meringoff has signed a long-term lease with a children's apparel retailer following a four-month "pop up" experiment at 1114 First Ave. Hartstrings, a subsidiary of the Parigi Group, a leading children's branded apparel company whose merchandise is sold in 23 retail locations across the U.S. and in better department stores, has entered into a 10-year lease for its first Manhattan store in the 5,500 s/f retail space at H+M's eight-story property. Hartstrings was drawn to the location because of its proximity to Bed Bath & Beyond, which just completed a renovation of its store to include Buy Buy Baby. "Our property is situated directly across the street from BBB's big box, which draws traffic to the area," said Leslie Himmel, principal of Himmel & Meringoff. "Hartstrings was able to confirm during the pop-up phase, that BBB attracts potential customers to the area. The boutique will bring a much-needed resource to East Midtown, populated by so many families with young children." Darrell Rubens and Lee Block of the Winick Realty Group with the in-house leasing team of Mark Stein, senior vice president & director of leasing and Jason Vacker, vice president represented Himmel & Meringoff, while Benjamin Srour of Norman Bobrow & Co. acted on behalf of The Parigi Group.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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.