News: Shopping Centers

Organic Avenue takes space at Rudin Family's 136 East 55th St.-1,000 s/f

Organic Avenue, the fast growing organic food and lifestyle enterprise that's sprouting up all over the New York marketplace, will soon open its first midtown store at an apartment building owned by the Rudin Family at 136 East 55th St. The company leased 1,000 s/f of ground floor and below grade space at the building, which is also known as 649 Lexington Ave. The store expects to open later this year. Samantha Rudin and Lou Somoza of Rudin Management Co., represented the landlord in the long-term lease. "It's definitely a 'win-win" situation for both our building and the surrounding neighborhood," said Rudin "We've always had a large East Side clientele, and when the Rudins expressed a strong interest in bringing our wellness concept to midtown and offered us this superb location, it was a real estate opportunity we just couldn't resist," said Organic Avenue founder Denise Mari. In addition to offering a wide array of organic juices, salads and wraps at its stores, the mission of Organic Avenue is to spread the LOVE (Live, Organic, Vegan, Experience) through detox cleanses, organic workshops, raw food staple products, superfoods, whole food supplements, fresh organic live produce prepared into gourmet raw meals and with beauty and other home necessities. The company attempts to educate people on how to transition and maintain a healthy lifestyle that is pleasurable and sustainable, while also friendly to people, animals and the environment. Rudin Management Company is a dynamic full service real estate organization serving the interests of the Rudin Family, which owns and manages one of the largest private property portfolios in New York City. Among its commercial real estate holdings are 16 office buildings containing approximately 10 million square feet of space, and 22 apartment buildings composing over four million square feet of residences. # # # 07/11
MORE FROM Shopping Centers

2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

READ ON THE GO
DIGITAL EDITIONS
Subscribe