Category : Retail

In need of room to grow, Grace’s Marketplace, the popular Upper East Side gourmet food market owned and operated by the Doria Family, will soon be moving to a new location just a few blocks from where it has been serving customers for nearly three decades. The market has signed...

Sabre Real Estate Group has arranged a lease in Garden City on behalf of Kidville, the operator of large, upscale childhood facilities. Kidville, whose locations offer classes and parties and feature indoor playgrounds, retail boutiques and salons for children, leased 5,000 s/f the entire second floor, at 960 Franklin Ave. The location should open in January 2014. Stu Fagen, managing director at Sabre, and Ed Czarniak, an associate, represented Kidville. The landlord is 960 Franklin Realty Inc. Sabre is seeking additional locations for Kidville on Long Island and in New Jersey of 4,000 to 6,000 s/f.

U.S. Polo Assn.’s flagship store has signed a 10-year-lease at 1540 Broadway in the heart of Times Square, company executives from Thor High Street Advisors, who brokered the deal, announced. The governing body of the sport of polo chose the 1,250 s/f space for its prominence and visibility amid one of the most heavily trafficked shopping districts in the world. “Given that 400,000 visitors traverse Times Square each and every day, it is little wonder that the area is considered gold-plated for retailers,” said THSA’s executive vice president Matthew Seigel, who brokered the deal. “U.S. Polo Assn. will find an audience receptive to its brand, and Times Square has gained a top-of-the-line retailer.”

Ben’s Kosher Delicatessen Restaurant & Caterers held a groundbreaking event to commemorate the construction of its new Scarsdale location, which is set to open in early 2014. Customer demand prompted the deli to build a new, standalone restaurant with a second-story catering space and a full bar. It will be the first Ben’s with a second-story catering venue and the second to have a full bar, after the Manhattan location. “We really want our Scarsdale location to have a much broader appeal,” said Scott Singer, president and CSO of Ben’s.

The Metropolitan Transit Authority (MTA) is hoping to cash in on vacant retail spaces in the subway by attracting hip retailers to temporarily fill the empty spots. A new program from the MTA will install‘pop up stores’ with short-term leases in spaces in the subway system that are temporarily vacant while the MTA is arranging long-term leases. “Pop-up stores will provide a fresh and beneficial element to our stations while also improving the image and desirability of retail space in the subway,” said MTA chairman and CEO Thomas F. Prendergast.