Urban Archaeology digs into Tribeca
Thor Equities has leased 3,800 s/f of retail space at 158 Franklin Street in Tribeca to Urban Archaeology.
The antique object fabrication business is relocating its showroom and retail space from its longtime home at 143 Franklin Street.
The retail condo on the cobblestone Franklin Street features a blue cast-iron storefront and 12-foot ceilings. The property, owned by Thor Equities, was previously occupied by Steven Alan Home.
“We are pleased to have the opportunity to offer a new home to Urban Archaeology, a longtime Tribeca institution with a strong connection to the neighborhood,” said Melissa Gliatta, COO of Thor Equities.
Midtown spot for Mulberry & Vine
Healthy fast casual restaurant Mulberry & Vine is opening its third Manhattan site at 155 East 44th Street in Midtown.
Eastern Consolidated’s Retail Leasing Division arranged the 10-year, 1,200 s/f ground floor lease.
“No doubt Mulberry & Vine’s warm and welcoming in-house dining space, and catering, take-out, and delivery services will be a major hit in the area,” Eastern Consolidated’s James Famularo, Senior Director and Principal, who represented the tenant with director Ravi Idnani, Director.
Jeff Geoghegan, director, and Alex Geisinger, associate director, represented the landlord.
Geoghegan said, “This Midtown location between Lexington and Third Avenues was particularly appealing to Mulberry & Vine’s management, because it’s less than a block from Grand Central Terminal and surrounded by towers full of businesses and office workers.
“The restaurants on this block, which include Chipotle, Potbelly, and Le Pain Quotidien, do a brisk business with lines often extending out the door and onto the sidewalk at lunchtime.”
Manhattan Skyline Management
Chipotle crosses new frontier
Manhattan Skyline Management Corp. announced the arrival of Chipotle Mexican Grill to 1501 Country Road in Riverhead, New York.
Chipotle signed a 2,800 s/f lease for the ground floor comspace that has become the chain’s first location in the area, and its only outpost within a 30-mile radius.
The new Chipotle includes an outdoor patio and floor-to-ceiling windows on three sides of the building.
The free-standing store was formerly home to a Suzuki Dealership and is located in the town center adjacent to Lowe’s and just east of Tanger Outlets.
Joshua Roth, Vice President, Retail Leasing for Manhattan Skyline Management Corp. represented the landlord l. Chipotle was represented by Daniel Spector, formerly of Winick Realty Group.
“We are excited to welcome Chipotle to the neighborhood and hope to see continued growth and diversification of the commercial mix in Riverhead and surrounding areas,” Roth said.