News: Brokerage

Consolo, Aquino and Maglio of Douglas Elliman broker 1,700 s/f lease for Finest Cafe & Marketplace

Sales and leasing consultants Faith Hope Consolo, chairman, Joseph Aquino, executive VP and Arthur Maglio of Douglas Elliman's Retail Group have arranged a 1,700 s/f lease for Finest Café & Marketplace at 46 Trinity Place, between Edgar and Rector Sts. The space features 35 ft. of frontage. It will be the restaurant group's fifth Manhattan location and its first in the Financial District. Consolo, Aquino and Maglio exclusively represented the landlord and tenant. "This is a great location for a restaurant, situated within a very strong employee market and developing residential market," said Consolo. "Casual dining and take-out are N.Y. standards, so workers will stop by to pick up their breakfast or lunch and residents will have a great place to grab a quick bite." Maglio said, "The area is continuing to thrive, the 9/11 memorial has generated a tremendous amount of traffic and tourism. The tenant will find a wide range of customer bases quickly as the café offers something for everyone." Nearby businesses include Century 21 Department Store, Brooks Brothers, Men's Wearhouse and John Allen's. In addition, it is close to Zuccotti Park, The Millenium Hilton and the National September 11 Memorial & Museum.
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.
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
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