News: Brokerage

Resolution Real Estate arranges 8,884 s/f long-term lease at 32 Union Sq. East

Manhattan, NY Mitchell Cooperstock, executive director/leasing, and Brett Weiss, director/leasing of Resolution Real Estate, a member of NAI Global, have arranged a 15-year lease for a full-service eye care practice Union Square Eye Center LLC at 32 Union Sq. East. The practice is taking 8,884 s/f, spanning the entire seventh floor of the block-long building located on Park Ave. South between 14th and 15th Sts.

“We welcome this highly regarded eye care group to the building,” said Cooperstock. “They are well-positioned for growth in an area that offers a vibrant mix of residential, student and commercial traffic, and is adjacent to one of the city’s busiest subway hubs.”

Weiss said, “This is a full-service eye care practice offering everything from ophthalmology and optometry services through eye-glass fittings. It has been established in the area for years and already has a loyal patient base. Union Square Eye Care may also benefit from a more accessible location that matches its name.”

Union Square Eye Center will be relocating from 235 Park Ave. South later this year. The practice additionally has a clinic in Harlem.

Representing the tenant were Norman Bobrow and David Badner of Norman Bobrow & Co. The Resolution Real Estate team represented the building owner, S. Klein Family. Asking price for the space was $59 per s/f.

MORE FROM Brokerage

Sobel of RIPCO Real Estate signs Redefine Meals as newest tenant at New Hyde Park Place

New Hyde Park, NY New Hyde Park Place, the rebranded commercial property at 271-02 Union Tpke.on the Nassau/Queens border, has signed new tenant Redefine Meals, the Long Island-based prepared-meal company, for a new 1,000 s/f location, starting on September
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of