Lee & Associates NYC LLC's (Lee NYC) Brooklyn retail leasing and sales team of Peter Braus, managing principal, Peter Levitan, senior managing director/principal, Garry Steinberg, managing director/principal and JP Sutro, associate director, has been awarded the exclusive agency for the new Pod Hotel, currently under construction in the heart of Williamsburg. Featuring 12,800 s/f of divisible grade level space, the retail presence will include 175 feet of frontage along North 4th St. and 25 feet on Driggs Ave. The 254-room, 71,000 s/f hotel is being developed by owners CB Developers, Waterbridge Capital and Ironstate Development, and is set to be operated by BD Hotels. Designed by Garrison Architects, it is being built with cutting-edge modular construction systems and is anticipated for completion in 2016.
"Driggs Ave. is the next up and coming retail corridor in Williamsburg, and the Pod Hotel will make it an international destination," said Braus. "The amount of flexible space that we are marketing, along with an incredible street presence and proximity to public transportation, makes this an ideal location for restaurants, fashion and so much more."
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.
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