Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell NoMad Retail Space

10/09/2013

Massey Knakal Retail Leasing Services has been retained on an exclusive basis to secure a new retail tenant for 1182 Broadway, located between West 28th and West 29th Streets in Manhattan’s NoMad neighborhood.

This multilevel space totals approximately 6,842 square feet, with approximately 2,830 square feet on the ground floor, 3,345 square feet on the second floor, and 667 square feet of cellar space. The ground and second floors are configured as an L shape, featuring approximately 20 foot high ceilings and remnants of an original subway tile floor.  Built in 1910, the façade of the ground and second floors are undergoing a restoration to their original character, with the reconstruction of four neo-classic columns boasting an elegant curb appeal. This highly unique space would make an ideal flagship location for any retailer or restaurateur, and all uses will be considered.

This space is located in the heart of the NoMad District, one of Manhattan’s most rapidly evolving hospitality corridors.  It sits adjacent to the Ace Hotel, a 300-room boutique hotel with destination retail tenants such as The Breslin Bar & Dining Room, Stumptown Coffee, The John Dory Oyster Bar, and No. 7 Subs.  Other neighboring tenants include The NoMad Hotel, Num Pang, 230 Fifth, Flatiron Hall, Kitsuné and soon-to-be next location of The SmithThere is a high volume of foot traffic along Broadway. It is conveniently located just steps from the N and R subway lines and a short walk from various other subway lines as well as the NJ Path. 

“This stretch of Broadway is the lifeline of the NoMad renaissance which is strongly driven by the hospitality sector.  The elegance of the restoration of 1182 Broadway makes this location second to none,” said Massey Knakal’s Michael A. Azarian, who is exclusively marketing this space.

Massey Knakal Retail Leasing Services (MKRLS) is a focused retail leasing division whose goal is to ensure that every client obtains creditable tenants at the highest overall rental income. To accomplish this objective, the MKRLS team quickly and efficiently implements well-orchestrated marketing and leasing campaigns geared toward targeted groups of retail candidates.

www.masseyknakal.com

10/09/2013 - 12:46

Source

Cushman & Wakefield Capital Markets Group New York

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