News: Brokerage

ABS Partners leases 850 s/f to Vanguard Wine Bar

ABS Partners Real Estate, LLC, one of New York City's foremost real estate services firms, has completed a 12-year lease for Vanguard Wine Bar in Kips Bay on 530 Second Avenue. ABS Partners managing directors Dean Valentino, Jay Einbender and Mark Tergesen represented both the tenant and landlord. Ann La Centra and Josh Siegelman from Winick represented the landlord. The 850 s/f property is a solo venture by Stefan Mailvaganam, co-owner of Bar Carrera & Custom American Wine Bar. Formerly a pizzeria, the wine bar will serve a variety of old and new world wines, specifically French and American. "There was a great opportunity in Kips Bay's restaurant scene for an establishment like Vanguard Wine Bar," said Valentino. "It was designed to offer patrons a truly differentiated and international food experience that provides an alternative to the bars and pubs that are prevalent in this area."
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
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
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
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.