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Posted: November 25, 2013
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."
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