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

Massey Knakal Secures Tenant For Upper West Side Retail Space

10/07/2013

Massey Knakal Retail Leasing Services has secured a new long-term lease for a retail space in a new luxury residential condominium at 101 West 87th Street (560-568 Columbus Avenue), located between Columbus and Amsterdam Avenues in Manhattan’s Upper West Side neighborhood.

The site contains approximately 520 square feet on the ground floor and benefits from approximately 21 feet of high visibility frontage on one of the most heavily foot trafficked blocks of Columbus Avenue.  The site will be occupied by Macaroon Parlor, a bakery/coffee shop.

This space is located within close proximity to bus stops and the 1, 2, and 3 subway lines at the 86th Street station.  Neighboring retailers include Starbuck’s, Radio Shack, TD Bank, Chase Bank, Subway, Duane Reade, and Gristedes.

“This stretch of Columbus Avenue north of 86th Street continues its transformation into a red hot retail corridor for national retailers, restaurateurs and specialty stores. Macaroon Parlor chose this site for their first location in recognition of positive changes in the neighborhood and prospects for the future,” said Massey Knakal’s David Chkheidze who exclusively represented the landlord in this long-term lease.

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

10/07/2013 - 08:26

Source

Cushman & Wakefield Capital Markets Group New York

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