TJ Maxx landed NYC’s largest retail leases in January

TJ Maxx landed NYC’s largest retail leases in January

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The six largest retail leases within the five boroughs of NYC in January indicate that NYC is getting a big new bar, as well as a new place to get your laundry done. However, none of these offerings took the top spot on this list. In fact, the number one lease below represents the first lease of a particular Manhattan department store in nearly a decade. Read on to see which companies signed the city’s best retail leases last month.

1) TJMaxx | 50 West 34th Street | Garment district | 40,000 sf

The department store signed a new ten-year lease for the Garment District building, the first new lease in Manhattan in nearly a decade. Richard Skulnik of Ripco Real Estate represented the tenant, while the landlord was represented in-house.

2) Petco | 2475 Broadway | Upper West Side | 15,000 sf

The pet store chain signed a 10-year lease extension for its Upper West Side location, where it has operated for about 20 years. Andrew Mandell, Brian Schuster and Sam Marotrella of Ripco Real Estate represented the tenant, while Andrew Goldberg of CBRE represented the landlord, Stephen Haymes.

3) WasBee | 115-53 Sutphin Boulevard | Jamaica | 10,000 sf

The self-serve laundry signed a new twenty-year lease for the Jamaica building, taking over a space previously operated by Dollar Tree. Noam Aziz and Aaron Harounian of Meridian Capital Group represented both the tenant and the landlord, the Kvluchtev family.

4) Clown car | 31 Second Avenue | Oostdorp | 6,500 sf

The catering operator signed a new ten-year lease for the East Village building, where it plans to open a new bar concept. Justin Losh of Counter Real Estate represented the tenant, while Elliot Wygoda of Meridian Retail Leasing represented the landlord, Central Management Corporation.

5) Will space | Barrowstraat 150 | Westdorp | 3,500 sf

The personal training studio signed a new lease for the West Village building and moved from their old home at 513 Hudson Street into the larger space. Jacky Yedid of KSR Realty represented the tenant, while Jake Bank and Jared Epstein of Aurora Capital Associates represented the landlords in-house. The building is owned by Aurora Capital Associates and William Gottlieb Real Estate.

6) United Xtreme Martial Arts | 686 Grote Straat | East Williamsburg | 2,400 sf

The taekwondo school signed a new lease for the East Williamsburg building. Thomas Galo of RTL represented the tenant, while Justin Tierney and Manuel Del Nido of Corcoran represented the landlord, Tam Le.


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