News: Brokerage

Lee & Associates NYC reps. Pastrami Queen in third NYC location

New York, NY Lee & Associates NYC has represented Pastrami Queen in a 500 s/f lease at Moynihan Food Hall. The classic kosher delicatessen, which has two other existing locations in the Upper East Side and Upper West Side, joins the food hall at the newly expanded transit hub alongside a roster of purveyors of high-quality fresh foods and locally sourced products. 

Lee & Associates NYC represented Pastrami Queen in the transaction. The landlord, Vornado Realty Trust, was represented in-house.

“Pastrami Queen is a classic New York brand that will be a great addition to the carefully curated food and beverage tenants at Moynihan,” said Peter Braus, managing principal and co-founder of Lee & Associates NYC. “Vornado has done an amazing job of creating a destination for New Yorkers and visitors alike.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their