SCG Retail, a division of The Shopping Center Group, announced the signing of a 2,550 s/f lease for Shakespeare & Co at 2020 Broadway, between 69th and 70th Streets.
Seth Kessler and Ian Rice of SCG Retail represented the landlord in the transaction.
“We are seeing a big resurgence of bookstore-coffee shop hybrids,” said Kessler. ”People love browsing through books while sipping a latte or eating a scone, and the new Shakespeare & Co.’s Upper West Side location offers a centrally located spot for just that in the neighborhood.”
Shakespeare & Co has operated on the Upper East Side since the 80’s and introduced Espresso Book Machine technology, an on-demand express book printing and binding machine that can deliver over seven million books in-store.
The retails space at 2020 Broadway is one of three new locations signed by Shakespeare & Co. this year (the others were: 450 Sixth Avenue in the Village and another on Walnut Street in Philadelphia).
“It is a great location in the heart of the Upper West Side with thousands of young families and school-age children passing this space seven days a week,” said Kessler. “Everyone who passes by, will recognize the new bookstore with its’ sprawling 50 ft. of retail frontage on Broadway.”
Albertina’s Fine Foods occupied the space previously, which is housed in an eight-story residential building that was built in 1900 and is owned by ABC Properties & Fisher Associates.
“We have another 1,000 s/f of retail space next to Shakespeare that’s available now,” added Rice. “Formerly, Barcibo Enoteca the space has 22 ft. of frontage on Broadway and is fully vented with a small kitchen currently in place.”
Caleb Peterson from RKF represented Shakespeare in the transaction.