Real Estate Weekly
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Retail

Downtown deal for Schnippers

Schnippers, the fast casual eatery with four Manhattan locations, has signed a lease for approximately 3,300 s/f of ground-floor retail at 120 Church Street.

“120 Church Street is a unique and dynamic location for Schnippers, putting them in close proximity to Tribeca and the City Hall area, as well as just a few blocks from the World Trade Center,” said Winick Realty Group president Steven E. Baker, who represented Schnippers.

120 Church Street retail
120 Church Street retail

The restaurant, located between Park Place and Murray Street, is scheduled to at the end of 2015.

It will be Schnippers second downtown location, having recently opened at the concourse at One New York Plaza in a deal that was also brokered by Baker.

“We are thrilled to expand to the vibrant World Trade Center area with our fifth location and are excited to be a part of the Renaissance of Downtown,” said Andrew Schnipper, founder and owner of Schnipper Restaurants.

Along with his brother Jonathan, Schnipper was founder and owner of Hale & Hearty Soups from 1995 to 2006. The Schnippers restaurant chain currently operates in the New York Times Building on 41st Street, the Credit Suisse headquarters on 23rd Street, and the REBNY headquarters at Lexington Avenue.

Landlord Clipper Equity was represented by Ross Berkowitz and Andrew Stern of RKF.

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