ABS Completes Deal for Vanguard Wine Bar
NEW YORK, N.Y. (January 2, 2013) ABS Partners Real Estate, LLC, one of New York City’s foremost real estate services firms, announced today that it has completed a 12-year lease for Vanguard Wine Bar in Kips Bay on 530 Second Ave.
ABS Partners Managing Directors Dean Valentino, Jay Einbender and Mark Tergesen represented both the Tenant and Landlord. Ann La Centra and Josh Siegelman from Winick represented the Landlord.
The 850 square-foot property is a solo venture by Stefan Mailvaganam, co-owner of Bar Carrera & Custom American Wine Bar. Formerly a pizzeria, the wine bar will serve a variety of old and new world wines, specifically French and American. The menu, created by Soa Davies (formerly of le Bernardin), features a variety of small-plates highlighting cuisine from the two countries and that also complement the wines available.
“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 a truly differentiated and international food experience that provides an alternative to the bars and pubs that are prevalent in this area.”
About ABS Partners Real Estate
ABS Partners Real Estate, LLC is a premier New York-based real estate services firm. Founded by industry leaders with more than a century of collective experience, ABS has assembled a dynamic team of professionals with expertise in all facets of real estate services, including owner-advisory services, leasing, sales and property management. ABS also specializes in land use and ground lease consultation, the transfer of development rights, fractional ownership valuation, FAR valuation, and services specifically related to the issues faced by families holding real estate for multiple generations.