Lease Beat

Sprinkles Cupcakes Dips into Ice Cream Biz

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Sprinkles Cupcakes has signed a 7,000-square-foot lease extension and expansion at 780-782 Lexington Avenue, giving the shop an additional 1,000 square feet for the launch of an ice cream undertaking next to its existing Manhattan cupcake operation.

An “ATM machine” outside the shop will allow customers to order cupcakes 24 hours a day, according to Read More

Food & Drink

Restaurateur Signs Deal to Run World Financial Center Marketplace

Restaurateur Peter Poulakakos has signed on to run the 30,000-square-foot marketplace at Brookfield’s World Financial Center, the New York Post reported yesterday.

Poulakakos is perhaps best known as operator of coffee chain Financier Patisserie but also oversees downtown restaurants Harry’s Café, Harry’s Steak, Adrienne’s Pizza Bar, Ulysses’ and Bayard’s.

“We met with everyone who has the expertise and desire to open a world class market in Manhattan and we were really blown away by Peter’s vision for marketplace,” Edward Hogan, Brookfield’s national director of retail leasing, told The Commercial Observer. Read More