Leases  ·  Retail

Top 10 Leases of the Month: Get Rid of Netflix!


Who says the great movie palaces of yesteryear have been laid waste by Netflix? Regal Cinemas is giving couch potatoes a reason to get up and veg in a more social setting—specifically at a 34,000-square-foot space at F&T’s Tangram complex in Flushing, Queens.

Regal can thank the Academy for the biggest retail lease of the month, but there were a few other biggies: Lululemon Atheltica grabbed a 20,000-square-foot two-story corner retail spot at 592 Fifth Avenue, slated to open this Christmas, and Urbanspace announced it would be opening a new 10,850-square-foot food hall at 787 Seventh Avenue, its third permanent location in the city.

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Interesting things were happening in Brooklyn. In Downtown Brooklyn, the day care center Tiny Steps, signed a lease for 9,000 square feet at Thor Equities180 Livingston Street, not too many blocks away from Joseph P. Day’s 44 Court Street where Columbia Care NY took 7,000 square feet for the borough’s second weed dispensary. If all that, uh, medicine makes the patient hungry, they need only to stroll over to Kushner Companies 117 Adams Street where California-based celebrity chef Matthew Kenney is opening a 4,500-square-foot eatery called Hungry Angelina.

But Hungry Angelina wasn’t the biggest restaurant lease in the last month—or even the biggest one in Brooklyn. That honor goes to Viva Toro, the Mexican concept that currently has the borough’s only known mechanical bull, which is opening its second 6,000-square-foot location at 987 Grand Street in Williamsburg.

Undergarments were also, apparently, in fashion this last month. Bravissimo, the British lingerie company that specializes in larger cups, grabbed 4,475 square feet at 433 West Broadway, and the underwear retailer Jockey announced plans for a 2,744-square-foot shop in BFC PartnersEmpire Outlets in Staten Island.

Finally, Commercial Observer learned that Japanese health care and beauty products provider, Shibuyala, has plans to open its first 2,000-square-foot New York space at Walter & Samuels37 St. Marks Place. (They were not the only Japanese brand to try New York on for size in the last couple of weeks; Uncle Tetsu is also opening a modestly sized 1,000-square-foot Japanese cheesecake bakery at 135 West 41st Street in the Theater District.)