Fishbein and Rubens of Winick Realty Group lease three stores in Nolita at 400 Broome Street
Winick Realty Group has completed three new retail leases at 400 Broome St., fronting Kenmare, Cleveland and Broome St. in the Nolita neighborhood. Aaron Fishbein and Darrell Rubens, executive vice president, of Winick represented landlord Coral Broome St. LLC as they repositioned and upgraded these ground-floor retail opportunities.
"Ownership white-boxed the spaces, upgraded the utilities and installed new floor-to-ceiling glass storefronts. These improvements allowed us to attract top-notch tenants," said Fishbein.
Fillmore and 5th Designer Consignment, part of parent company Crossroads Trading Inc., a California-based clothing store with locations in Palo Alto and San Francisco, leased its first New York store in the building under the address 398 Broome St.. The 1,680 s/f ground-floor space includes a basement and is expected to open in the third quarter of 2014. Jordan Cohn of SCG Retail represented the retail tenant.
On the Kenmare St. side of the building, Sweetgreen leased its third Manhattan location at 100 Kenmare St.. Also expected to open in the third quarter of 2014, Sweetgreen will occupy 2,400 s/f on the ground floor and 1,600 s/f of basement space that was recently built by ownership. Taryn Brandes of SCG Retail represented Sweetgreen.
At 7 Cleveland Place, Paul Fox Salon signed a lease for approximately 950 square feet on the ground floor. The salon, which has already opened, was represented by Joseph Robinson from Bond NY.
"Nolita has long been considered an up-and-coming neighborhood," said Fishbein. "And the arrival of such high-class, well-established brands confirms that the area has truly arrived."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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.
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