News:
Brokerage
Posted: May 24, 2022
Katz & Associates represents Leap Inc. to bring two new sustainable apparel retailers
Brooklyn, NY Katz & Associates, the exclusive real estate broker for Leap Inc. in Brooklyn, half of Manhattan, and Florida, has closed 10-year deals to bring two new sustainable retail fashion and lifestyle brands to Williamsburg. Katz’s Scott Sher represented Leap Inc. in leases for UpWest (1,200 s/f) to 107 N 3rd St. and Frank and Oak (3,500 s/f) to 106 N 3rd St. Garry Steinberg and Brendan Reichenbacher of Lee & Associates represented the landlord. UpWest Brooklyn is now open. Frank and Oak is slated to open in Williamsburg this summer.
This is the first New York store for UpWest, which is based in Ohio and has locations in Ohio, Illinois, Colorado, California, and Oregon. Canadian-based Frank and Oak has stores in Canada, New York (SOHO), Chicago, and soon in Shanghai, China.
“Leap is creating a cluster of stores in Williamsburg, bringing great brands to the hottest retail market in Brooklyn,” said Sher. “They do a great job of creating a phenomenal shopping experience.”
Tags:
Brokerage
MORE FROM Brokerage
NYSCAR June 2026 president’s message - by Mercedes Brien
As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
