Shopping Centers

Isa and Franco of ISA Realty Group handle three retail leases totaling 7,600 s/f

Manhattan, NY Isa Realty Group has brokered three leases totaling 7,600 s/f in the borough. In the first lease, Louis Franco and Joseph Isa of Isa Realty Group represented the landlord (517-525 West 45 LLC)

Squires, Roth and Berniker of Cushman & Wakefield arrange $3.2 million sale of two-building, 8,842 s/f Bronx retail property

Bronx, NY Cushman & Wakefield has arranged the sale of 2542-2550 Boston Rd., an 8,842 s/f retail property. The final closing price is $3.2 million equating to $361 per s/f. Cushman & Wakefield’s Jonathan Squires, Eric Roth and Addison Berniker represented the seller, 2550 Boston Post Road Corp.

Kapnick and Watson of Lee NYC lease 8,200 s/f to Greenwich Gourmet; Weinblatt of compass reps landlord, Friedman Properties

Manhattan, NY Mark Kapnick, executive vice president/principal, and Michael Watson, associate director, of Lee & Associates NYC have negotiated a 8,200 s/f lease at 378 Sixth Ave., between Waverly Pl. and West Eighth St., for Greenwich Gourmet Market. The space will be divided between 4,000 s/f on the ground floor and 4,200 s/f on the lower level.

Briskin and Forelli of Feil Org. complete two leases at 488 Madison Avenue totaling 2,654 s/f: Mephisto Shoes/Mighty Bowl

Manhattan, NY The Feil Org. has completed the releasing of the retail arcade at 488 Madison Ave., signing Mephisto Shoes to 1,854 s/f and Mighty Bowl to 800 s/f. Both are expected to open in the fall. The leases total 2,654 s/f. Indochino, Bonobos Guideshops, UNTUCKit, City Hats, and Jack Erwin have all opened

Famularo and Goldschmidt of Meridian Retail rep ARDOR School in 20,000 s/f lease in Brooklyn

Brooklyn, NY Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a 35-year lease for ARDOR School for Passion-Based Learning at 29 Nassau Ave. in the Williamsburg neighborhood. President of New York retail leasing, James Famularo, and director, Eliot Goldschmidt, represented the tenant while Modern Spaces represented the landlord.

Braus, Salzman and Rosen of Lee NYC arrange 10-year, 5,660 s/f lease to BNB Bank

Manhattan, NY Peter Braus, managing principal, Kenneth Salzman, SIOR, executive managing director/principal, and Seth Rosen, director, of Lee & Associates NYC have arranged a 10-year, 5,660 s/f lease spread across the ground and second floors at 34 East 51st St. for the Manhattan branch and office of BNB Bank.

REBNY holds its 21st Annual Retail
Deal of the Year Awards Cocktail Party at Convene

New York, NY A fast-growing health club and an old-fashioned cinema took center stage at the Real Estate Board of New York's (REBNY) 21st Annual Retail Deal of the Year Awards Cocktail Party at Convene. Recognized as the most meaningful transaction in its overall characteristics

Suede and Soyak of Cushman & Wakefield named exclusive sales agents for retail condo in TriBeCa

Manhattan, NY Cushman & Wakefield has been retained on an exclusive basis to market for sale the 2,040 s/f ground retail unit at 391 Broadway Street in TriBeCa. A Cushman & Wakefield team consisting of Maurice Suede and Dan Soyak will be leading the marketing efforts on behalf of the property’s seller, Itzhaki Acquisitions.

Goldban of Brookfield Properties completes 2,300 s/f lease for Shakespeare & Co.

Manhattan, NY According to Brookfield Properties, Shakespeare & Co. will open a new store at Brookfield Place at 230 Vesey St. in Lower Manhattan as part of their ongoing expansion plans. The planned opening date is January 2020.

Forelli of The Feil Org. arranges 9,660 s/f lease to Goldfish Swim School;
Gillman of The Shopping Center Group represents tenant

Queens, NY Goldfish Swim School will soon enhance the newly renovated Glen Oaks Shopping Center, occupying 9,660 s/f of the 187,650 s/f retail center, according to The Feil Org. the open-air center's owner and manager. This new 10-year lease brings the retail center to 99% leased.