Famularo of Eastern Consolidated brokers 2,700 s/f lease to Pita Grill
James Famularo, senior director of the retail leasing division at Eastern Consolidated, has arranged a 12-year lease for Pita Grill in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Sts. The quick service restaurant (QSR) will be the chain's ninth location since it first opened at West 4th St. in 1994. The 2,700 s/f space is comprised of 1,350 s/f on the ground floor and 1,350 s/f on the lower level, which is complemented by 25 ft. of frontage on LaGuardia Place.
"The demand for fast casual concepts in Greenwich Village continues to grow because of new developments, tourism and the ever increasing NYU presence," said Famularo, who represented the landlord and tenant exclusively.
"This area in Greenwich Village, right on the border of SoHo, receives a steady flow of foot traffic from NYU and is a popular lunch and nighttime destination."
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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
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.
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
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary