Real Estate Weekly
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Retail

RETAIL ROUND-UP: Biscuits & Bath, PetSmart, Eggloo to open new locations

● WINICK REALTY GROUP
Schuss takes the lead in doggie deal

Biscuits & Bath, a full-service dog care business with 11 locations throughout Manhattan, has signed a lease for its first Lower Manhattan spot at the base of 71 Broadway.

MATTHEW SCHUSS

The location, which is set to open in early 2018, will be situated across from the incoming Whole Foods and near Dean & Deluca.
Winick Realty Group’s Matthew Schuss said the Biscuits & Bath location will offer a range of dog care services, including day care, boarding, walking, grooming, training, veterinary care and transportation and sell retail products.
“Over the last 10 years, Lower Manhattan has experienced an incredible residential boom with more than 60,000 people currently living down there and more coming every year,” said Schuss.
“However, the abundance of landmarked buildings left few opportunities for the retail services that these residents require, making Biscuits & Bath a much-needed amenity for not only the building but for the entire neighborhood.”
Biscuits & Bath leased 3,100 s/f of space that had previously been home to The Factory Shoe Outlet for 60 years.
Schuss and Winick Realty Group executive Darrell Rubens represented both tenant and landlord, Equity Residential.

●CUSHMAN & WAKEFIELD
PetSmart move uptown

Cushman & Wakefield arranged a 1,820 s/f lease for PetSmart at 670 Columbus Avenue, bringing the property’s status to 100 percent leased.
A Cushman & Wakefield brokerage team consisting of Joanne Podell, Brandon L. Singer, Michael Cody and Aylin Gucalp represented the landlord, The Klein Group, in the transaction.

Joanne Podell

“This property is ideal for national retail tenants and we are proud to announce its full lease-up with the completion of this transaction,” said Podell.
“Seeing commercial growth in the Upper West Side is always exciting. With the high volume of residential units in the area, this site receives plenty of foot traffic and is a profitable location for neighborhood-serving businesses.”
The retail space, which sits at the base of a luxury condominium, houses other tenants such as Trader Joe’s, Party City and ICON Parking.
The ground floor space that PetSmart now occupies includes 18-foot ceilings, new construction and 66 feet of street frontage.
Ariel Schuster and Brian Segal of RKF represented PetSmart in the deal.

● EASTERN CONSOLIDATED
Sweet treat in East Village

GREG GOLDBERG

Eastern Consolidated’s Retail Leasing Division has arranged a 10-year lease for Eggloo, a new Chinatown dessert sensation that will be opening its second location in a 600 s/f space at 147 Avenue A across from Tompkins Square Park in the East Village.
Greg Goldberg, Associate Director, represented the tenant, while the landlord, 9300 Realty, was represented by its in-house brokers.
“Eggloo creates fantastic instagram-worthy egg waffles filled with homemade ice cream and adorned with unlimited toppings,” Goldberg said.
“The owners are excited to be opening in the East Village because it’s become the neighborhood of choice for hot restaurateurs and Eggloo will provide foodies with a unique spot for after dinner sweets. ”

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