News: Brokerage

Winick and Karas of RTL lease to Utopia Bagles; Dunphy and Savino of Rockrose represent landlord

Long Island City, NY Utopia Bagels has opened, bringing its hand-rolled bagels to one of the city’s fastest-growing neighborhoods. The 6,500 s/f location at 26-11 Jackson Ave. is Utopia’s third location, and the latest in the homegrown brand’s expansion across New York City.

Jeff Winick and Alex Karas of The Winick Team at RTL exclusively represented Utopia Bagels in securing a 15-year lease. Patricia Dunphy and Kimberly Savino of Rockrose Development Corp. represented the landlord.

“Opening in Long Island City was the right move for us,” said Jesse Spellman, co-owner of Utopia Bagels, alongside partners Angelo Tsoulos and Jimmy Tsoulos. “It’s a neighborhood that appreciates quality and community, and that’s exactly what we’re about. We’re excited to bring our bagels to this side of Queens.”

Founded in 1981, Utopia Bagels has built a loyal following in Whitestone, where its flagship location draws large crowds daily. The brand has gained national recognition in recent years, thanks to shoutouts from celebrities and food influencers alike. The new location, which officially opened in late May, has already drawn long lines and local buzz.

“For a brand with deep roots in Queens, it was important to find a space that felt authentic to their story and their future,” said Winick. “It’s the most dynamic bagel store to ever open in the tri-state area — and we’re proud to have helped bring it to life in a neighborhood that’s evolving and full of potential.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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

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
Artificial intelligence in lending - by Lindsay Mesh Lotito

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

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