Lease Beat

Douglas Elliman Retail Team Brings More Sunshine to Harlem

(Credit: Funzug.com)

Members of Douglas Elliman’s retail group have secured a new 1,750-square-foot location and 10-year lease for Sunshine Day Care at 1325 Fifth Avenue, between 111th and 112th Streets in Harlem, The Commercial Observer has learned.

It is an expansion of their program, which opened three years ago directly across the street at 1330 Fifth Avenue, where the group occupies an additional 5,000 square feet.  In addition, a three-year extension of that lease has been arranged.

“The expansion of this well-respected day care provider speaks volumes about the demand for quality neighborhood services,” said Faith Hope Consolo, who represented the tenant and the landlord, Tahl Propp Equities, with Joseph Aquino and Arthur Maglio. “Having introduced them to Harlem a few years ago, we are thrilled to see the tremendous amount of success they are having at this location.” Read More

Lease Beat

Children’s Aid Society Grows in Harlem

The Children's Aid Society will be relocating to 219 West 135th Street - a five-story building constructed in 1910.

The Children’s Aid Society has expanded its footprint in Harlem, signing a nine-year, 3,500-square-foot lease at 219 West 135th Street. The lease execution took place on November 30 and the asking price for the property was $65 per square foot.

“We are leasing it to offer some of preventive services which are part of our Read More