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Retail

Capital One caps Sugar Hill repositioning

The retail profile of Hillview Towers in Harlem has been redefined with a slew of new tenants.

700 Nicholas Avenue
700 Nicholas Avenue

With the signing of Capital One at 700 St. Nicholas Avenue, on the northeast corner of 145th Street, global commercial sales and leasing experts Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president and Arthur Maglio of Douglas Elliman’s Retail Group have transformed the block-front that stretches along West 145th Street between St. Nicholas and Edgecombe Avenues in the Sugar Hill section of Harlem.

With the addition of the bank, they have arranged approximately 25,000 s/f of space for seven tenants that include Sugar Hill Medical Plaza, Metro PCS, Smart-Aid Pharmacy, Unity Wines, W Dental and Dry Clean NYC.

Hillview Towers is a well known full-service cooperative with 236-units. Built in 1964, it was part of an early Harlem renaissance and has long represented a strong residential base in the area.

“This transaction is the proverbial icing on the cake,” said Consolo. “Our goal was to bring quality retail tenants to a celebrated co-op and with this last lease, we have achieved it.”

Added Maglio, “Hillview Towers has always set a gold standard in the area. By refreshing the profile of its stores, we have brought additional value to the building’s shareholders, and much needed services to the neighborhood.”

Over the years, the Douglas Elliman Retail Group has brought many transitional stores and restaurants to the area, including H&R Block, Ottomanelli Brothers, Moe’s Sneaker Spot, Pa-paya Seed, Harlem Wine Gallery, Maharajah Palace Restaurant.

Services they have introduced to Harlem include Tribeca Pediatrics, Pono Learning and Sunshine Day Care

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