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.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. 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 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.
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.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.Manhattan, NY
According to RFR, Republic First Bancorp, Inc. (Republic Bank) signed a 15-year retail lease at 90 Fifth Ave. The lease agreement totals 7,748 s/f, including 3,920 s/f on the ground floor and 3,828 s/f on the lower level of the 140,000 s/f property, which is located at the corner of Fifth Ave. and West 14th
Taco Bell has signed a lease for the company’s latest Cantina location at 230 Varick St. between Downing and Carmine Sts. in the midst of a growing dining destination within the West Village.
Mark Kapnick, executive vice president/principal, and Michael Watson, associate director, of Lee & Associates NYC have negotiated a ground-floor, 1,250 s/f lease at 375 Sixth Ave., between Washington and Waverly Places, for Uni K Wax. The tenant was represented by Goldco Realty. Brooklyn, NY
Average asking rents for available ground floor retail spaces increased year-over-year in five of the 17 Brooklyn corridors analyzed by the Real Estate Board of New York (REBNY) in its bi-annual Brooklyn Retail Report.