Real Estate Weekly
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RETAIL BRIEFS: Eddie Bauer; FIKA; Fine Minerals; Freshbites and more

● rkf
Eddie Bauer flagship

RKF has arranged a 7,400 s/f lease for sportswear retailer Eddie Bauer at 100 Fifth Avenue in the Flatiron District.
Situated on the northwest corner of 15th Street, the store will become the brand’s new Manhattan flagship after closing their previous store seven years ago.


RKF executive vice president Karen Bellantoni and senior associate Tess Jacoby represented the tenant. Executive vice president Gary Alterman, senior director Ross Berkowitz and associate Brandon Berger represented the landlord, OFA Partners, LLC.
Eddie Bauer will occupy 4,400 s/f on the ground-floor level of the property and 3,000 s/f on the mezzanine level.
The new location will serve as the brand’s holiday store until after the New Year, with the grand opening expected in spring 2015.
Eddie Bauer will share the block with co-tenants such as Free People, Anthropologie, Coach, J. Crew, Joe Fresh, Gap, 7 For All Mankind, Madewell, Paul Smith, Zara and Victoria’s Secret.

●stonehenge partners
FIKA opens on Sixth

Stonehenge Partners announced that FIKA, the Swedish espresso and chocolate bar, has opened its 1,300 s/f space at 555 Sixth Avenue.
Today, there are 10 FIKA cafés throughout New York, and the company plans to open an additional 10 locations including a FIKA Tower headquarters at 824 10th Ave. and a corner space in the World Trade Center.
Designed and built by Stonehenge as a companion to its adjacent high-end rental building at 101 West 15th Street, 555 Sixth Avenue is a newly constructed 19,000 s/f retail gallery that features an all glass, 200 ft. long storefront on Sixth Avenue and spans from West 15th to West 16th streets.
Andrew Mandell, Richard Skulnik and Jason Maurer of Ripco Real Estate represented Stonehenge Partners in the deal and are marketing the remaining spaces at 555 Sixth Ave.
Remaining availabilities include two corner spaces, each offering approximately 3,000 s/f.

● cushman & wakefield
Fine Minerals at last

Fine Minerals International plans to unveil its first public outpost, Mardani, at 766 Madison Avenue.


The 1,200 s/f space is scheduled to open this November.
The transaction was handled by Corcoran’s David Graff and Cushman & Wakefield’s Steven Soutendijk, who represented Mardani.
Located on Madison Avenue between 65th and 66th Streets, sharing a block with Giorgio Armani, the space was previously occupied by Todd & Duncan fine cashmere.
The space will be part art gallery and part living space that will demonstrate how minerals can be showcased as art or as decorative items in a home or office.
Fine Minerals International, run by Daniel Trinchillo and Marisa Chung, has been sourcing minerals for 20 years. The duo owns mines and sources minerals from destinations around the globe including Brazil, China, Pakistan, Tanzania and Colombia.
Access to their collection, which includes Amethyst, quartz, tourmaline and aquamarine, among others, has previously only been available to private collectors through one-on-one meetings.

● winick realty group
Learning Express move

Learning Express Toys, a g franchisor of educational toy stores with 130 locations across the country, signed a lease for its first Manhattan location at 1029 Third Avenue on the Upper East Side.


Each of Learning Express Toys’ locations is locally owned and operated. “This franchisee found the brand because she was searching for educational toys for her children,” said Winick Realty Group’s Charles Rapuano. “She was impressed with the company and wanted to open their first store in Manhattan.”
Learning Express Toys was drawn to the location — which comprises 818 s/f on the ground floor and 850 s/f in the basement — because of the population density and disposable income in the neighborhood.
They were also happy to join prestigious co-tenants like Bloomingdales and Dylan’s Candy Bar.
Rapuano represented Learning Express Toys and landlord Olshan Properties was represented in house in the long-term lease transaction.

●eastern consolidated
Freshbites of Midtown South

Eastern Consolidated has arranged a long-term lease for Freshbites, a new health-casual restaurant by food service veterans Bobby Gelestathis and Chris Zamfotis, at 56 East 34th Street in Midtown South.
The farm-fresh, seasonally inspired concept will occupy a 1,800 s/f retail space on the ground floor and 2,000 s/f in the basement.


James Famularo, senior director of the retail leasing division for Eastern Consolidated, who along with associate director Jeff Geoghegan represented the property’s owner, Markwood Management, said. “This location along 34th Street positions the new concept between the major residential and commercial thoroughfares along Park and Madison Avenue, which command high, daily foot traffic.”
Cosmo Montemurro of Murro Realty represented the tenant.

● the manhattes group
Exki arrives on Madison

The Manhattes Group has secured a retail lease for Exki, an upscale fast casual restaurant offering fresh, local and natural ingredients at 76 Madison Avenue in the Flatiron District.
The landlord, Centaur Properties, was represented by Alan Shmaruk and Michael Sherman of The Manhattes Group, while Alex Turboff and James Race of BCD represented Exki.
EXKi currently operates 70 restaurants in Belgium, France, Italy, Luxembourg and the Netherlands. This will be their second location in NYC.
The asking rent on the space was $150 psf and the space features 2,200 s/f on the ground floor and 800 s/f in the lower level.

● new street realty advisors
Eating into Amsterdam Ave.

New Street Realty Advisors announced that Tex-Mex restaurant, Nino’s y Oso has leased 1,000 s/f of ground floor retail at 1616 Amsterdam Avenue.


The space is across the street from City College of New York and joins other restaurant operators including Coccola, The Grange Bar & Eatery, Subsconcious, Café One and newcomer, Grill on the Hill.
Joshua Kaufman, Matthew Gorman and Joshua Gettler, managing partners of New Street
Realty Advisors, acted on behalf of the landlord, Sugar Hill Capital Partners, LLC.

● winick realty group
New Juice Generation

Juice Generation, the popular juice bar with 12 locations in Manhattan and Brooklyn, signed a lease for its first Financial District location at 101 Maiden Lane, at the base of the luxury residential complex known as 2 Gold Street.
Winick Realty Group president Steven E. Baker and Aaron S. Fishbein represented landlord TF Cornerstone Inc.
Baker had previously leased space in the building to Tres Carnes and Fields Chicken, creating a restaurant destination on Maiden Lane that also includes Potbelly, Chipotle, Dig Inn, Starbucks, Just Salad, Hale & Hearty, Chop’t, Roti, Tous Crepes and Au Bon Pain.
“Maiden Lane is teeming with dining options, but there was still an unmet need for a health-oriented juice concept like Juice Generation,” said Baker.
Benjamin Birnbaum of Newmark Grubb Knight Frank represented Juice Generation, which will occupy 1,683 s/f of and open in early 2015.

● kda
Cricket on Jamaica Ave.

Kalmon Dolgin Affiliates has arranged a 1,000 s/f retail lease for Cricket Wireless at 166-34 Jamaica Avenuein Jamaica, Queens.
Jeffrey Unger, a broker at Kalmon Dolgin Affiliates, negotiated on behalf of the owner, Kimaqu Corporation while Barry Rothenburg of Olympia Court represented Cricket Wireless in the deal.
Cricket Wireless, which has more than a dozen locations around the New York, will occupy 1,000 s/f, joining tenants McDonald’s and Pay-O-Matic.

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