The Durst Organization has hired the Winick Realty Group executive team of Steven E. Baker, president, and Kenneth Hochhauser to exclusively market a prime asset in the company’s East Side portfolio.
The retail at 205 East 42nd Street, located between Third and Second Avenues, consists of 5,636 s/f on the ground floor and 2,069 s/f on the lower level, will have a new storefront installed, complete with a new window on the western side. Its interior offers 60 feet of 42nd Street frontage, as well as 20-foot ceilings.
“We are proud to represent a truly remarkable retail space in the heart of Manhattan’s business district,” said Baker. “This availability is the ideal opportunity for a restaurant or retailer to attract not only the many office workers in the area, but also the dense population of residents, tourists and commuters from Grand Central Station, which is located only blocks away.”
“We look forward to working with Steven and the Winick team on leasing up the retail at 205 East 42nd Street,” said Brandl Frey, leasing manager at The Durst Organization. “We have just finished a two-year repositioning of 205 as a center for non-for-profit and government users and are excited by the opportunity to find a high-quality retail user to complement our distinguished tenant roster.”