Lease Beat

Schnipper’s Signs Lease at 570 Lexington

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Schnipper’s Quality Kitchen has signed a lease to occupy 3,021 square feet of ground level retail and storage space at 570 Lexington Avenue, The Feil Organization announced today, confirming previous published reports that the fast-casual restaurant was eyeing the space.

Known for its burgers, fries, shakes and other old-fashioned American-style offerings, the restaurant will open in the fourth quarter of 2013, joining upscale restaurant Mr. K’s at the property.

“We wanted a tenant that would be an amenity for the building and the area,” said Brian Feil, VP of Leasing at the firm, in a statement.  “There are not a lot of fast-casual restaurants in the area and Schnipper’s will be perfectly situated to serve this prestigious Lexington Avenue corporate corridor.” Read More

Lease Beat

Law Firm Fabiani Cohen & Hall LLP Renews and Expands at 570 Lexington Avenue

The Arch Atop 570 Lexington Avenue (Credit: nyc-architecture.com)

Construction and insurance litigation firm Fabiani Cohen & Hall LLP has signed a renewal and expansion for 24,000 square feet of space at 570 Lexington Avenue, The Commercial Observer has learned.

The firm will retain the 4th floor and expand into and 3rd floor, sources familiar with the deal said.

Mark Weiss, a vice president at Newmark Grubb Knight Frank, represented the tenant with Robert Silver and Robert Eisenberg.  The brokers declined comment. Read More