News:
Brokerage
Posted: April 25, 2008
Starbucks leases 1,600 s/f at Artimus Construction's SOHA 118 in Harlem
According to the developers of SOHA 118 condominium, Starbucks Corp. has signed a 15-year lease to open its third Harlem location, a 1,600 s/f store in the building's retail space at the corner of 118th and 8th Ave.
"Starbucks has recognized SOHA as an exciting, emerging neighborhood in Harlem," said Yoav Haron of Artimus Construction, SOHA 118's developer. "Residents will benefit by walking only steps away from their door to get a latte. We couldn't be more pleased."
There were no brokers in the deal.
Starbucks joins a Chase Bank and Marcel Dry Cleaner which also lease ground floor retail space in the 15-story, 93-unit condominium designed by GF55 Architects.
Tags:
Brokerage
MORE FROM Brokerage
CM&B completes 15,000 s/f Activate Games NYC debut in Union Square
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Quick Hits
 (2).gif)
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
.gif)
August Promotion
