News: Brokerage

Lee & Associates NYC assists Parched Hospitality Group in relocation of Isla & Co.

Brooklyn, NY Lee & Associates NYC has represented Parched Hospitality Group to facilitate the relocation of its Isla & Co. restaurant concept to 66 Grand Street in Williamsburg. The modern Australian restaurant will occupy 2,150 s/f of ground-floor space in a 10-year lease.

Brett Brownstein, Jordan Cohen, and Garry Steinberg of Lee & Associates NYC represented the tenant, Parched Hospitality Group, in this transaction. The landlord, Tidal Real Estate Partners, was represented by Hank O’Donnell of Good Space.

“Parched Hospitality Group's decision to relocate Isla & Co. to 66 Grand Street reaffirms its dedication to the growing Williamsburg restaurant and hospitality market,” said Brownstein, associate director, of Lee & Associates NYC. “Williamsburg has long been a hub for food and beverage providers, boasting one of the most sought-after restaurant and bar corridors in the city.”

Isla & Co. offers modern Australian cuisine, robust brunch, dinner, and cocktail selections. The restaurant was previously located at The William Vale at 111 N 12th Street in Williamsburg and has two additional locations in Midtown, Manhattan, and West Palm Beach, Florida. In addition to Isla & Co., Parched Hospitality Group owns and operates Wallflower in Flatiron, Daintree in Midtown, and Hole in the Wall with locations in Williamsburg, Murray Hill, Flatiron, and the Financial District.

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.