By Billy Gray 2/07 7:45am

Lease Beat

55 Broad Street

Starbucks Renews And Expands For More Than 3,500 Square Feet At 55 Broad Street

Starbucks signed a 10 year lease renewal and expansion at 55 Broad Street in Lower Manhattan.

The coffee behemoth took an additional 1,000 square feet at the Rudin Family Holdings-owned office building, bringing its total footprint there to over 3,500 square feet, making it the largest Starbucks downtown and among the biggest in the city.

Michael Rudin, vice president of Rudin Management Company, represented the landlord.  David Firestein of The Shopping Center Group represented the tenant. Read More

By Al Barbarino 12/12/12 2:46pm

Lease Beat

111 Fulton Street (Credit: Emporis)

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

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.”

Read More