According to CBRE, Lululemon signed a 20,000 s/f lease at 592 Fifth Ave., a newly renovated, boutique building located on 48th St. and Fifth Ave. in Midtown. The athleisure retailer will double its flagship footprint on this coveted corner of Fifth Ave. when it relocates to the building from the Scribner Building across the street.Brooklyn, NY
TerraCRG has completed a long-term commercial lease with HANA MAKGEOLLI, a producer of Korean rice wine called makgeolli, that uses traditional methods for its hand-crafted brews. HANA MAKGEOLL will occupy 2,500 s/f at 201 Dupont St.Brooklyn, NY
Yummy Extensions has signed 800 s/f lease for a newly renovated retail space at 675 Grand St. in East Williamsburg. Jacob Twena, a director at Tri State Commercial, represented the tenant. Avi Akiva, vice president at Tri State Commercial represented the landlord, Nate Dweck, FSMR, LLC.Manhattan, NY
Known for fusing fitness and entertainment and pioneering a philosophy of “No Judgments,” Crunch Fitness has renewed its multi-level retail 27,450 s/f lease at 1385 Broadway. The long-term renewal encompasses 1,911 s/f on the ground floor, 1,170 s/f on the mezzanine, 23,500 s/f on the second floor, and 900 s/f in the lower level. Savitt Partners serves as the exclusive leasing and managing agent for the property and negotiated the transaction on behalf of the building ownership. Queens, NY
MadRag has signed a lease for 10,400 s/f space, the former Annie Sez space at 92-10 Rockaway Blvd., Ozone Park. 618 Main Clothing Corp., doing business as 10 Spot/MadRag stores, owns and operates stores that offer women’s clothes and shoes. It offers runway sportswear, lingerie, and accessories.
Manhattan, NY Motion P/T, a national physical therapy chain has signed a 4,000 s/f commercial lease at 250 West 54th St., Midtown. Manhattan, NY
Mark Kapnick, executive vice president/principal, and Michael Watson, associate director, of Lee & Associates NYC (Lee NYC)have negotiated a ground-floor, 1,700 s/f lease at 820 Broadway, between 11th and 12th Sts., for Bite Food & Coffee Co. The tenant has been known as Mirage Café for the past 27 years at Tishman Speyer’s 11 West 42nd St. building, on the 43rd St. side. Brooklyn, NY
Lips Cafe and Coffee House has inked an 800 s/f retail lease for a new glass storefront in East Flatbush. The space is located in an 8,707 s/f building at 1412-1414 Nostrand Ave. The is the cafe's first location and the first business venture for owner Jamane Weekes.
Manhattan, NY Avison Young closed a 3,463 s/f, long-term retail lease at 815 Second Ave. in Midtown East. The lease comprises 1,807 s/f on the ground floor and 1,656 s/f on the mezzanine for Midtown Hardware, a retailer-owned hardware store member of the True Value cooperative, which extends to over 4,400 retail locations across the United States.
Manhattan, NY Lee & Associates NYC has completed three retail leases totaling 8,762 s/f.