ABS Partners Real Estate has completed a 12-year lease for Vanguard Wine Bar in Kips Bay at 530 Second Ave.
ABS Partners managing directors Dean Valentino, Jay Einbender and Mark Tergesen represented the tenant. Ann La Centra and Josh Siegelman from Winick represented the landlord.
The 850 s/f property is a solo venture by Stefan Mailvaganam, co-owner of Bar Carrera & Custom American Wine Bar.
“There was a great opportunity in Kips Bay’s restaurant scene for an establishment like Vanguard Wine Bar,” said Valentino. “It was designed to offer patrons an alternative to the bars and pubs that are prevalent in this area.”