Leases  ·  Retail

Winick Team to Market Two Retail Properties, Including Current Home of Volstead Lounge

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A team from Winick Realty Group is exclusively marketing two retail properties totaling 6,400 square feet on behalf of Abington Holding, The Commercial Observer has learned.

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Winick President Steven E. Baker, Director Michael Gleicher and David Lawford will market a built-out lounge at 125 East 54th Street with 400 square feet of ground floor space and a 3,600-square-foot subterranean floor with 14-foot ceilings. The spot currently houses The Volstead, a nightspot named after late congressman Andrew Volstead, the father of prohibition.

The Volstead, in its current state.
The Volstead, in its current state.

A lease here could include the transfer of the existing property’s liquor license, a coveted perk among restaurant and nightlife operators. “This is not typical of New York City retail,” Mr. Baker said in a prepared statement.

Messrs. Baker, Gleicher and Lawford are also marketing a retail space at 106 East 23rd Street. That property counts 1,400 square feet of ground floor and 1,000 square feet of basement space on a well-trafficked stretch of 23rd Street between Park Avenue South and Lexington Avenue.

Representatives from Winick could not provide immediate comment.