Peter Braus, managing principal, and JP Sutro, director of Lee & Associates NYC LLC have arranged a 10-year lease for Deca Salon at 239 Mulberry Street.
Located between Spring and Prince Streets, the new space marks the second Nolita location for the full-service beauty stylist and hair salon. Neighboring businesses include Parm, Grey Dog, Kiehl’s and McNally Jackson.
“In the first location on Spring Street, the tenant saw firsthand the benefits of the area’s influx of tourists, residents, employees and shoppers,” said Braus.
“This location will help them realize their goals of expanding the business and becoming a neighborhood institution.”
Aded Sutro, “The landlord wanted a tenant that was already established in the area, which made for a mutually beneficial transaction.”
Braus and Sutro exclusively represented Deca Salon, as well as the owner of the building, 239 Mulberry LLC, in the transaction for the 700 s/f space. Asking rent was $175 psf.