Yunis and Lack of Newmark Knight Frank represent landlord in 13,000 s/f lease to Party City

Party City has signed a new, 15-year, 13,000 s/f lease at the corner of West 92nd St. and Columbus Ave. The space—where construction is to begin in the fall—is part of a new retail component at the base of 100 West 93rd St., a condo building with 279 residential units. This location is one of Party City's first new stores in the city in over a decade. "This is one of the most exciting retail construction projects slated for the upper west side and the area will truly benefit from this wonderful new retail block front. This stretch of Columbus Ave. will now become a shopping destination," according to Amira Yunis, executive VP and principal of the National Retail Group at Newmark Knight Frank, who represented the landlord with managing director Jared Lack. The National Retail Group is currently marketing 23,000 s/f of ground and lower level space in this exciting project and, per Yunis and Lack, they have been seeing interest from many qualified national tenants. "Party City is a great anchor for the new retail development at 670 Columbus Ave.," said Josh Siegel, president of Starrett Development. The tenant, Party City, was represented by Patrick Smith and Matt Ogle of SRS Real Estate Partners.