<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/css" media="screen" href="http://s2.wp.com/wp-content/themes/vip/newyorkobserver/stylesheets/rss.css"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>The Commercial Observer &#187; 92,000-Square-Foot Retail Space Hits Williamsburg Market</title>
	<atom:link href="http://commercialobserver.com/2013/01/92000-square-foot-retail-space-hits-williamsburg-market/feed/" rel="self" type="application/rss+xml" />
	<link>http://commercialobserver.com</link>
	<description></description>
	<lastBuildDate>Fri, 17 May 2013 21:48:04 +0000</lastBuildDate>
	<language></language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='commercialobserver.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://s2.wp.com/i/buttonw-com.png</url>
		<title>The Commercial Observer &#187; 92,000-Square-Foot Retail Space Hits Williamsburg Market</title>
		<link>http://commercialobserver.com</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://commercialobserver.com/osd.xml" title="The Commercial Observer" />
	<atom:link rel='hub' href='http://commercialobserver.com/?pushpress=hub'/>
		<item>
				
		<title>92,000-Square-Foot Retail Space Hits Williamsburg Market</title>

		<comments>http://commercialobserver.com/2013/01/92000-square-foot-retail-space-hits-williamsburg-market/#comments</comments>
		<pubDate>Mon, 21 Jan 2013 15:12:55 -0400</pubDate>
					<link>http://commercialobserver.com/2013/01/92000-square-foot-retail-space-hits-williamsburg-market/</link>
			<dc:creator>Billy Gray</dc:creator>
				
		<guid isPermaLink="false">http://commercialobserver.com/?p=246076</guid>
		<description><![CDATA[<p>Two floors encompassing 92,000 square feet of retail space at the luxury residential conversion<strong> 185 Wythe Avenue</strong> in Williamsburg are on the market.</p>
<p>The leasing agency, <strong>TerraCRG,</strong> claims in the <a href="http://www.loopnet.com/xNet/Looplink/Profile/Profile.aspx?stid=terracrg&amp;LID=17858535&amp;LL=true&amp;UOMListing=&amp;UOMMoneyCurrency=&amp;RentPer=PY&amp;SRID=3058176411" target="_blank">listing</a> that this is the largest contiguous available retail block in the north Brooklyn neighborhood. Asking rents are at $50 per square foot for minimal divisible lot sizes of 5,000 square feet. <!--more--></p>
<p><div id="attachment_246102" class="wp-caption alignleft" style="width: 310px"><a href="http://nyocommercialobserver.files.wordpress.com/2013/01/serveattachment-ashx.jpg"><img class="size-medium wp-image-246102" alt="A rendering of 185 Wythe Avenue " src="http://nyocommercialobserver.files.wordpress.com/2013/01/serveattachment-ashx.jpg?w=300" width="300" height="200" /></a><p class="wp-caption-text">A rendering of 185 Wythe Avenue</p></div></p>
<p>185 Wythe Avenue between North Fourth and Fifth Streets is well-positioned to take advantage of the increased foot traffic brought to the Williamsburg waterfront by hulking residential towers including <strong>The Edge</strong> and <strong>Northside Piers</strong>. The residential component of the roughly 184,000-square-foot, four-story building will include 183 units and be "very, very green," <a href="http://ny.curbed.com/archives/2007/03/06/curbedwire_inside_6_columbus_avalon_chrystie.php" target="_blank">according</a> to Curbed.</p>
<p><em>The Commercial Observer</em> last week <a href="http://commercialobserver.com/2013/01/output-nightclub-to-hit-dance-floor-on-williamsburgs-booming-wythe-avenue/" target="_blank">reported</a> on the imminent arrival of the 11,424-square-foot<strong> Output</strong> nightclub on Wythe Avenue between North 11th and 12th Streets. The once-forlorn strip has recently witnessed the high-profile arrivals of the <strong>Wythe Hotel</strong> and a smattering of after dark businesses. (Another nightclub--this one around 7,500 square feet and from the techno- and house-fueled warehouse party promoter Verboten--is rumored to be following in Output's footsteps on Wythe Avenue near North 10th Street.)</p>
<p>"You're starting to see a tipping point in the neighborhood," said <strong>Geoffrey Bailey</strong>, director of retail services at TerraCRG, which <a href="http://commercialobserver.com/2012/11/soulcycle-opens-first-location-in-brooklyn/" target="_blank">brought the trendy spinning mecca SoulCycle</a> to nearby 184 Kent Avenue last November. "There's less of a residential and more of a restaurant and hospitality component to the northside, whereas the waterfront district is getting more service-oriented businesses."</p>
<p>Mr. Bailey said that in addition to gyms and playspaces, several schools have scoped out properties in the area with a noticeably swelling stroller contingent.</p>
<p>Whichever tenants set up shop in 185 Wythe Avenue will have a bigger, name brand retail neighbor: <strong>Whole Foods</strong> is scheduled <a href="http://observer.com/2012/03/whole-foods-finely-lands-in-williamsburg-where-else-on-bedford-avenue/" target="_blank">to open</a> a 39,000-square-foot outpost at 242 Bedford Avenue by the middle of next year.</p>
]]></description>
		<content:encoded><![CDATA[<p>Two floors encompassing 92,000 square feet of retail space at the luxury residential conversion<strong> 185 Wythe Avenue</strong> in Williamsburg are on the market.</p>
<p>The leasing agency, <strong>TerraCRG,</strong> claims in the <a href="http://www.loopnet.com/xNet/Looplink/Profile/Profile.aspx?stid=terracrg&amp;LID=17858535&amp;LL=true&amp;UOMListing=&amp;UOMMoneyCurrency=&amp;RentPer=PY&amp;SRID=3058176411" target="_blank">listing</a> that this is the largest contiguous available retail block in the north Brooklyn neighborhood. Asking rents are at $50 per square foot for minimal divisible lot sizes of 5,000 square feet. <!--more--></p>
<p><div id="attachment_246102" class="wp-caption alignleft" style="width: 310px"><a href="http://nyocommercialobserver.files.wordpress.com/2013/01/serveattachment-ashx.jpg"><img class="size-medium wp-image-246102" alt="A rendering of 185 Wythe Avenue " src="http://nyocommercialobserver.files.wordpress.com/2013/01/serveattachment-ashx.jpg?w=300" width="300" height="200" /></a><p class="wp-caption-text">A rendering of 185 Wythe Avenue</p></div></p>
<p>185 Wythe Avenue between North Fourth and Fifth Streets is well-positioned to take advantage of the increased foot traffic brought to the Williamsburg waterfront by hulking residential towers including <strong>The Edge</strong> and <strong>Northside Piers</strong>. The residential component of the roughly 184,000-square-foot, four-story building will include 183 units and be "very, very green," <a href="http://ny.curbed.com/archives/2007/03/06/curbedwire_inside_6_columbus_avalon_chrystie.php" target="_blank">according</a> to Curbed.</p>
<p><em>The Commercial Observer</em> last week <a href="http://commercialobserver.com/2013/01/output-nightclub-to-hit-dance-floor-on-williamsburgs-booming-wythe-avenue/" target="_blank">reported</a> on the imminent arrival of the 11,424-square-foot<strong> Output</strong> nightclub on Wythe Avenue between North 11th and 12th Streets. The once-forlorn strip has recently witnessed the high-profile arrivals of the <strong>Wythe Hotel</strong> and a smattering of after dark businesses. (Another nightclub--this one around 7,500 square feet and from the techno- and house-fueled warehouse party promoter Verboten--is rumored to be following in Output's footsteps on Wythe Avenue near North 10th Street.)</p>
<p>"You're starting to see a tipping point in the neighborhood," said <strong>Geoffrey Bailey</strong>, director of retail services at TerraCRG, which <a href="http://commercialobserver.com/2012/11/soulcycle-opens-first-location-in-brooklyn/" target="_blank">brought the trendy spinning mecca SoulCycle</a> to nearby 184 Kent Avenue last November. "There's less of a residential and more of a restaurant and hospitality component to the northside, whereas the waterfront district is getting more service-oriented businesses."</p>
<p>Mr. Bailey said that in addition to gyms and playspaces, several schools have scoped out properties in the area with a noticeably swelling stroller contingent.</p>
<p>Whichever tenants set up shop in 185 Wythe Avenue will have a bigger, name brand retail neighbor: <strong>Whole Foods</strong> is scheduled <a href="http://observer.com/2012/03/whole-foods-finely-lands-in-williamsburg-where-else-on-bedford-avenue/" target="_blank">to open</a> a 39,000-square-foot outpost at 242 Bedford Avenue by the middle of next year.</p>
]]></content:encoded>
		<wfw:commentRss>http://commercialobserver.com/2013/01/92000-square-foot-retail-space-hits-williamsburg-market/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/aba52a3d7cb732e2056cab59355217cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">billygray</media:title>
		</media:content>

		<media:content url="http://nyocommercialobserver.files.wordpress.com/2013/01/serveattachment-ashx.jpg?w=300" medium="image">
			<media:title type="html">A rendering of 185 Wythe Avenue </media:title>
		</media:content>
	</item>
	</channel>
</rss>
