Muss Development brings 345 Adams Street to 100% lease

Muss Development LLC has now brought its retail condo destination at 345 Adams St. in the downtown area to 100% leased. Frozen yogurt retailer Orange Leaf signed a long-term, 1,000 s/f lease joining Panera Bread, Potbelly, and Hill Country, as well as internationally renowned child care organization Bright Horizons Family Solutions, in the lineup of retail tenants at 345 Adams St. Panera Bread and Potbelly are already open. Muss expects the other retail tenants to be fully operational by the end of the year. Muss purchased the first two floors of the property from the city in a unique transaction, and has engaged in a multi-million dollar capital improvements campaign to convert the former city owned-and-occupied office space into a high-end retail offering. The redevelopment of 345 Adams St. is part of a larger campaign to redevelop and reposition the downtown as one of the country's most sought-after work/live/play neighborhoods. "We are thrilled to have leased the final retail space at 345 Adams St.," said Joshua Muss, president of Muss Development. "There is a wonderful synergy here at 345 Adams St. The tenants will not only form a cohesive presence, but the successful redevelopment is symbolic of the neighborhood's continuing evolution. With new retail, restaurants, businesses, and hotels joining the community every day, Downtown Brooklyn is looking brighter than ever." Ariel Schuster and Brian Segall, of RKF, represented Muss in the Orange Leaf transaction. Henry Goldfarb, Stanley Lindenfeld, and Adam Frisch, of Lee & Associates NYC, represented the tenant. In addition to completing the retail leasing at 345 Adams St., Orange Leaf joins Hill Country, Potbelly, and Panera Bread—as well as The Archives Bar at the New York Marriott at the Brooklyn Bridge, and Shake Shack, located across the recently renovated pedestrian plaza along Adams St. and Willoughby St. — as part of the new Restaurant Row in the downtown area. Muss is now actively leasing the 14,500 s/f, two-floor restaurant space at its adjacent 335 Adams St. property, formerly occupied by Morton's The Steakhouse. Multiple potential retail tenants have expressed interest in the space.