Eastern Consolidated Senior Director and Principal James Famularo has announced that his team closed four leases totaling 10,880 square feet on the Lower East Side and East Village. These deals bring to over 20 the number of leases Famularo’s team has recently arranged in these two neighborhoods.
“The East Village and Lower East Side continue to be two of the most sought-after neighborhoods in New York City and are continuing to attract an influx of new restaurants and retailers,” Famularo said. “We’re seeing everything from cool new QSR concepts to established brands demanding a presents in this area. In fact, we need more space to accommodate all of the inquiries we’re receiving.”
- I Love Kickboxing, which operates 100 sites in all 50 states, the District of Columbia, Canada, and Peru, will be moving into a 4,000-square-foot space at 43 Essex Street, between Hester and Grand Streets on the Lower East Side. Famularo and Associate Director Max Swerdloff exclusively represented the landlord in negotiating the 15-year lease. I Love Kickboxing was represented by its in-house broker.
- Chelsea Thai, which has operated a kiosk in the Chelsea Market for 19 years, has taken a 2,200-square-foot space including the basement at 192 First Avenue, between 11th and 12thStreets in the East Village. Famularo and Swerdloff exclusively represented the landlord and procured the tenant in arranging this 10-year lease.
- Best Wingers, a chicken wing concept that has been in Murray Hill for 20 years, has taken a 1,000-square-foot space including the basement at 174 Delancey between Attorney and Clinton Streets on the Lower East Side. The space had been vacant for two years before Famularo’s team took the assignment. Famularo and Swerdloff exclusively represented the landlord in arranging the 10-year lease, and Associate Director Clayton Traynham procured Best Wingers, which selected the site because it wants a second location from which to serve its delivery customers from the West Village to Williamsburg.
- Mama Fina, a New Jersey Filipino restaurant, is opening its first location in New York City in a 3,800-square-foot space including the lower level at 167 Avenue A, between 10th and 11th Streets in the East Village. Famularo and Swerdloff exclusively represented the landlord and procured the tenant for this 10-year lease.