News: Brokerage

Retail by Mona leases 4,000 s/f to Cadar

Manhattan, NY According to Retail by MONA, jewelry brand Cadar has signed a long-term lease in the Meatpacking District at 875 Washington St. This is MONA’s third long-term lease at 875 Washington St. following Breitling’s lease of the corner space and Studs’ 21st location. The 4,000 s/f space, most recently occupied by Vans, is located on the southern corner and features 12-ft. ceilings and a 59-ft. wraparound.

MONA’s Brandon Singer, Virginia Pittarelli and Jason Friedman are representing landlords RFR Holdings LLC and Raycliff Capital in the lease-up of the building.

Cadar creates 18k gold and diamond jewelry. Founded in 2015, Cadar made its retail debut at Bergdorf Goodman.

Built in 1887, 875 Washington is a fully restored historic, 71,000 s/f, five-story, mixed-use building located in the Meatpacking District. While Gansevoort St. has seen steady leasing velocity with little to no inventory remaining, Washington St. is becoming the new desired destination for both luxury and direct to consumer retailers to open stores. MONA is confident that Washington St. will experience similar leasing activity to Gansevoort St. in the coming months.

“We’re thrilled to bring a third iconic brand to the historic 875 Washington St.,” said Brandon Singer, MONA founder & CEO. “We’re confident in this location for the brand, with its proximity to The Standard and likeminded retailers. Cadar is in the prime place to attract their signature fashion-forward clientele.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary