News: Spotlight Content

Rapuano of Winick Realty Group arranges lease for Big Drop's third New York City storefront

Big Drop, the trendy women's clothing store with locations in Manhattan and Florida's Miami Beach, leased its third New York City storefront at 253 Columbus Ave., the former Laila Rowe store located between 71st and 72nd Sts. on the city's Upper West Side. Big Drop leased 650 s/f on the ground floor, along with a 400 s/f storage basement. Winick Realty Group broker Charles Rapuano represented Big Drop in the long-term lease transaction, while landlord Parkway East Properties LLC was represented in-house. "In the last year, retailers including Sandro, Vince, Maje and Kate Spade have all leased retail space within two blocks of this location and they have turned this stretch of Columbus Avenue into a high-end fashion area," said Rapuano. Big Drop currently operates a flagship store at 174 Spring St. in SoHo, as well as a location at 1321 Third Ave. on the Upper East Side. "They have been very successful with this co-tenancy in its other Manhattan locations," said Rapuano, "So they wanted to be near these same high-end retailers when selecting their first Upper West Side store."
MORE FROM Spotlight Content

The commercial classroom: 1031 tax-deferred exchanges - by Edwad Smith Jr.

The sale of real estate may trigger capital gains taxes on the net profits of that sale. These taxes may be deferred by participating in a 1031 tax exchange, in essence, by purchasing property(s) to replace the
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto

From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto

Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
2026 Developing Long Island: ERG Commercial Real Estate launches its new Retail Leasing division

2026 Developing Long Island: ERG Commercial Real Estate launches its new Retail Leasing division

North Hempstead, NY ERG Retail Leasing is the dedicated leasing division of ERG Commercial Real Estate, an established full-service commercial real estate brokerage for over 35 years. 
CRE Guide Featured Company: Merritt Environmental Consulting Corp.

CRE Guide Featured Company: Merritt Environmental Consulting Corp.

Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
2026 Developing Queens: Long Island Board of Realtors  advances commercial growth and advocacy in Queens

2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens

The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach