lease beat

116 John Street. (Courtesy Property Shark)

Signed, Sealed and Delivered at 116 John

The U.S. Postal Service has signed, sealed and delivered on its plan to take a 3,500-square-foot spot at 116 John Street, it was announced earlier this week.

The post office will be moving out of its former location at 1 Peck Slip Station, which is currently being renovated into a school, said officials close to the deal.

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The Plan

321 W 44th-Michael Chimento

New York Beer Co. Hits 321 West 44th

When the New York Beer Company opens for business at 321 West 44th Street this March, patrons will be able to invest in the alcohol consumption of their peers. Loosely inspired by the New York Stock Exchange, the latest enterprise by restaurateur Brian Connell will feature brews priced according to how popular each brand is among its customers. Despite the novel idea, Mr. Connell’s search for approximately 2,500 square feet of ground-floor space and 2,500 square feet of basement space hit a dead end early last year after a nine-month scouring of Midtown South. Read More