lease beat

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Coffee Shop and Attractive Waiters Ink Renewal Deal at 27 Union Square West

The popular Union Square eatery The Coffee Shop has renewed its retail lease at its long time home at 27 Union Square West and also office space it has upstairs in the building.

The deal totals about 20,000 square feet and stretches for ten-years, according to Eric Gural, an executive at the real estate services firm Newmark Knight Frank who oversees leasing at the property and whose family owns the nearly 50,000-square-foot box-shaped, boutique building.
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The Flatiron District, one of many suggested "hot" "new" neighborhoods.

Q: The City's Next Hot Neighborhood? A: Take Your Pick

To seasoned retail brokers, the very concept of the next big neighborhood in a city that has been developed several times over is, well, naïve. Still, as The Commercial Observer recently learned, most are still looking for a reason to believe. Read More

lease beat

Canuck Sighting! Joe Fresh Opening in Esprit’s Flatiron Space

The much-watched Canadian retailer that recently landed on Fifth Avenue with a splash of red and white, is opening its second New York City location, multiple sources told The Observer. 

Joe Fresh, a Gap-lite clothing line most commonly found in Canadian grocery stores, is moving into the former Esprit space at 110 Fifth Avenue in the Flatiron district. The roughly 15,000-square-foot space Read More

lease beat

Motley Crüe's Marketing Outpost in the Flatiron

If you’ve ever dusted off your Motley Crüe cassettes and wondered, “Are they still alive?,” we have news for you. The marketing gurus for your favorite `80s hair band have landed some sweet Flatiron digs. 

Tenth Street Entertainment has helped revive many a flatlining career, including that of the Crüe, Blondie, Steven Tyler, Royal Underground and even Duke Ellington (who, Read More

Printing Giant Renews 33K-Plus Feet in Flatiron

44 West 18th Street

National Reprographics, a large print and imaging firm, renewed its 33,250-square-foot space in the Flatiron.

“It is great to see a company like National Reprographics, which has strong historical roots in New York City’s business sector, remain profitable and strong in this market,” said Read More

Sam Chang-Affiliated Chelsea Holiday Inn Trades for $66 M.

Sheesan Hotel LLC, an affiliate of economy hotel tycoon Sam Chang, has sold the new Holiday Inn Manhattan Hotel in Chelsea for $66 million to a Rhode Island-based hospitality group, according to records uploaded on Friday to a city Web site.

The buyer, MMG-26 LLC, affiliated with Magna Hospitality Group, closed on the 23-story, 226-room Read More