Food For Thought

Tapping into the Next Great Foodie Frontier

The NYC food scene is teeming with “next big things.”

One pioneering concept brings a once-buried menu item to the forefront and the next thing you know, there’s a spin on that same concept on every corner. The Meatball Shop is a great example of a pioneer in the single-menu-item race, having spawned many imitators, Read More

Lease Beat

7-Eleven Takes 2,500 Square Feet at 111 Fulton Street

7-11-logo

Convenience store chain 7-eleven has signed a long-term lease for roughly 2,500 square feet of retail space at 111 Fulton Street in the Financial District, The Commercial Observer has learned.

Ross Kaplan of Newmark Grubb Knight Frank represented the landlord, while Ariel Schuster and Greg Covey at RKF represented the tenant.

“There’s a flurry of activity going on Downtown,” Mr. Kaplan said, who has represented the landlord for the last year.  “Tourism and a dense commercial and residential population is a big draw for retailers in this part of town, especially quick-service shops.” Read More

Lease Beat

Au Bon Pain Takes 2,600 Square Feet at 111 Fulton Street

111 Fulton Street (Credit: Emporis)

Au Bon Pain has signed a long-term lease for roughly 2,600 square feet of retail space at 111 Fulton Street in the Financial District, The Commercial Observer has learned.

Ross Kaplan of Newmark Grubb Knight Frank represented the landlord, while Jacqueline Klinger of The Shopping Center Group represented the tenant.

“There’s a perfect storm going on Downtown,” said Mr. Kaplan, who has represented the landlord over the course of the last year.  “The dense commercial and residential population, as well as the tourism in the area, is a great draw for retailers.”

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