Lease Beat

Pie Face Sets Up Northeast of Hudson Yards

464 Ninth Avenue has been leased by Pie Face, an Australian pie vendor.

Australian pie maker, Pie Face, closed on its sixth New York location, grabbing space within shouting distance of the Hudson Yards development.

The company will transform 464 Ninth Avenue into one of its pie kitchens, offering sweet and savory pastries, in a 1,000-square-foot corner. The company closed on the 10-year lease early last month. The asking price was $120 per square foot.

“They like the space, the like the traffic there during the day,” said CBRE associate, Robert Bonicoro, who represented Pie Face. The company intends to “aggressively” seek new locations in Manhattan with no specific neighborhood in mind. Areas in Brooklyn will also be considered if they offer adequate foot traffic and friendly rental fees. Optimal spots would be up to 2,000 square feet or as small as 500 square feet if basement space or storage is included. Read More

Lease Beat

Ciccio Italian Cafe Inks in Soho

190 Avenue of the Americas

Ciccio’s, a new Italian café owned by first-time Italian restaurateur Giacomo Romano and an experienced American restaurant architect Sam Leung, will open its first location at Square Foot Realty-owned 190 Avenue of the Americas in the heart of Soho.

Julia Maksimova of Square Foot Realty represented Ciccio’s in the deal. Howard Aaron and Aaron Gavios, also of Square Foot Realty represented the landlord in-house. Read More