It’s the decade of Brooklyn, and while The New York Times may have only recently discovered the borough—according to Brian Williams, at least—it has lately become the leading exporter of artisanal eateries to Manhattan.
Zak Pelaccio’s Williamsburg hotspot Fatty ‘Cue opened its West Village outpost last month, and, now, Bedford Cheese Shop—probably Brooklyn’s most noted cheese monger—has signed a 15-year lease at 67 Irving Place. Read More
Coffee Bean & Tea Leaf, which is a purveyor of bowling balls (seriously, though, they sell coffee), has signed a 1,500-square-foot retail lease on the ground floor of 1412 Broadway.
The deal at the base of the 24-story, Harbor Group International-owned building brings occupancy to 95 percent occupancy, brokers told The Commercial Observer. The company, which operates at 750 locations worldwide, has, until now, not peddled its iced coffee, green teas or signature brews from a Manhattan store. Read More
Two Sigma Investments, an international finance and technology firm, has inked a five-year lease at 100 Avenue of the Americas that will allow the company to expand from its current 38,332 square feet, brokers told The Commercial Observer. Read More
Fashionable club-goers and maybe even a few hog butchers will be able to navigate the brick roads of the meatpacking district in style now that Nicholas Kirkwood, the upscale designer footwear brand has inked a 1,572-square-foot retail deal at 807 Washington Street.
Located between Gansevoort and Horatio streets, the ground-floor boutique is scheduled to open by winter of 2012, broker said. As with most space—office and retail alike—asking prices have risen in the area since the High Line park opened two years ago, although specific prices at 807 Washington Street were not immediately available. Read More
For caffeine guzzlers unable to find one of the 17,000 Starbucks currently operating on, oh, every other block across 50 countries, the search just got a little easier.
Indeed, W&H Properties inked a 10-year, 1,189-square-foot lease for the Seattle-based coffee brewer in its last remaining retail space at 1350 Broadway, brokers told The Commercial Observer. Read More
Arte New York, the architectural and design firm, has signed a lease for 15,000 square feet at 265 West 37th Street. The 10-year deal, which was announced this week, will double the firm’s footprint at the building, which it moved into less than a year ago, according to brokers familiar with the transaction.
Asking rent at the fashion center building is about $30 a square foot, brokers said. Read More
It seems there will be no true end to Duane Reade’s manifest destiny.
Earlier this week, the pharmaceutical behemoth inked a 15-year, 10,000-square-foot retail lease at 873 Broadway. The renewal, announced yesterday and boasting an asking rent of $100 a square foot annually, will feature 5,000 square feet on the ground floor and another 5,000 feet below street level, said Marty Meyer, a vice chairman with Colliers International who represented the landlord, 873 Broadway LCC, in the transaction. Steve Baker and Jeff Winick of Winick Realty, represented Duane Reade. Read More
Doral Financial Corporation, the financial services company, has signed a renewal and expansion lease at Charles Cohen’s 623 Fifth Avenue.
The Puerto Rico-based company will extend its lease on the 13th floor, where it occupies a total of 13,010 square feet. It will also expand on the entire 19th floor and will occupy 14,486 square feet for a total of 27,496 in the 38-story building, brokers said. Read More
Rothstein Kass & Co. has inked a lease for 88,049 square feet at 1350 Avenue of Americas, marking a significant renewal and expansion for the international accounting firm.
The firm, whose deal was announced yesterday, currently occupies 55,308 square feet on floors 10, 15, and 16. The addition of another 32,741 square feet on floors 9 and 14 will not only allow the company to create two contiguous blocks of floor space but also makes them the largest office tenant in the building, brokers said. With the new long-term lease and coterminous extensions on floors 10 and 15, meanwhile, the tenant will eventually vacate its 16th floor space in 2014. Read More
Sperry Top-Sider, the nautically inspired seller of boat shoes, has notched its first deal in New York City with a 5,000-square-foot retail location at 103 Fifth Avenue, brokers told The Commercial Observer.
The company, which last year added stores in Westchester and Massachusetts to its roster of locations in Tampa, Boca Raton, Kansas City and Dallas, will take 2,500 square feet of ground-floor space and an additional 2,500 feet of basement space currently occupied by Juicy Couture. Read More
