Real Estate Weekly
Image default
Deals & DealmakersRetail

Pinkyotto opening newest store in landmarked UWS building

Pinkyotto, the women’s fashion brand perhaps best known for its window displays of mannequins featuring teddy bear heads, is opening its sixth New York City location on the Upper West Side.

The brand, which also has a store in Boston, signed a lease for its first Upper West Side store at The Brodsky Organization’s 2060 Broadway.

Winick Realty Group President Steven E. Baker and Charles Rapuano represented both the tenant and ownership in the lease transaction. Pinkyotto will occupy 800 s/f on the ground floor and 500 s/f in the basement of 2060 Broadway, a landmarked residential building located between West 70th and West 71st Streets. The store features 40 feet of frontage, as well as 17-foot ceilings.

“Pinkyotto had been looking for the ideal Upper West Side location for quite some time but nothing felt right,” said Rapuano. “2060 Broadway proved to be the perfect fit because of the unique features of the building, as well as its desirable location next to the new Upper West Side Bloomingdale’s.

“The tenant and the landlord also really liked each other,” Rapuano added, “so we were able to complete the deal in a very short period of time to the satisfaction of all parties involved.”

Pinkyotto is expected to open in the fall, replacing the previous tenant Montmartre.

“Pinkyotto is a quality tenant with a great brand and a strong following that will do incredibly well in this location. I have no doubt they will be a great fit for our building and the neighborhood,” said Alexander Brodsky.

Winick’s Rapuano and Baker are continuing to work with the Brodsky Organization to market a prime retail availability at nearby 253 West 72nd Street, located on West 72nd Street and Broadway. The site features 8,010 square feet of retail on the ground floor with more than 50 feet of frontage, and an additional 1,608 square feet in the basement.

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando