Ripco Real Estate brokers two leases at City Point - 6,100 s/f total: Flying Tiger - 2,900 s/f and Han - 3,200 s/f

Richard Skulnik, Ripco RealEstate

Doug Kleiman, Ripco Real Estate Corp.

City Point - Brooklyn, NY

Brooklyn, NY Acadia Realty Trust and Washington Square Partners, co-developers of City Point, the 1.8 million s/f residential, food, shopping and entertainment destination in Downtown Brooklyn (DoBro), have added two new tenants (totaling 6,100 s/f) to their roster with both Flying Tiger, a Copenhagen-based design retailer with 650 locations around the world, and Han Dynasty (Han), a popular Szechuan restaurant.

Serving as the first borough location for both Flying Tiger and Han, Flying Tiger signed a 2,900 s/f, 10-year lease and Han signed a 3,200 s/f, 10-year lease.

“We are pleased to announce Flying Tiger and Han Dynasty as City Point’s newest tenants and have no doubt the two will be very successful, as both brands bring unique offerings to the community,” said Christopher Conlon, co-developer of City Point along with Paul Travis. “Just like Brooklyn, City Point is for everyone with its mixed tenancy of entertainment, shopping and dining options.”

Flying Tiger’s storefront will be located along City Point’s Prince St. Passage, the first connection between two major shopping districts, Flatbush Ave. and Fulton St., and Han will be located within the 60,000 s/f, concourse-level dining experience, along with DeKalb Market Hall, Trader Joe’s, and Fortina.

Both tenants and the landlord were represented by Ripco Real Estate; more specifically Richard Skulnik represented Flying Tiger and Doug Kleiman represented Han. Ripco’s Jason Pennington represented the landlord, Albee Development.

Located between Fulton St.and Flatbush Ave., City Point is situated in DoBro with close proximity to a number of subway lines.

including the B, D, N, Q, R, 2, 3, 4 and 5, providing easy access throughout New York City. The development will be a hub for both local and international brands, featuring Century 21 Department Store, Target and Alamo Drafthouse Cinema as anchor tenants.