Leases  ·  Retail

Kosher French Bakery Nails Down Locations in Downtown Brooklyn, Chelsea

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A New Jersey-based pastry chain, Patis Bakery, has nailed down two new locations in Manhattan’s Chelsea and Downtown Brooklyn, according to their respective landlords.

Patis, which started with a bakery in Lyndhurst, N.J., inked a 15-year lease for 3,900 square feet on the ground floor and basement of 28&7, a new office building at 205 West 28th Street. Asking rent for the space was $200 per square foot. Developers GDSNY and Corem recently completed the boutique, SOM-designed office tower on Seventh Avenue.

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Mike Paster and Ariel Schuster of Newmark represented the landlords, and Yoel Gorjian of Winick Realty Group represented Patis. Newmark and Winick spokespeople didn’t immediately return a request for comment.

And, in a larger deal, Patis took 5,110 square feet at 203 Jay Street, an eight-story office and retail property owned by AmTrust RE. Patis will operate a full-service restaurant and bar along with a separate cafe in the space. The cafe will have light food, grab-and-go items, coffee and pastries. A spokesperson for AmTrust didn’t comment on the lease terms for Patis, which expects to open in the fall of 2023.

203 Jay is connected to AmTrust’s 31-story, 270-unit rental tower on Nassau Street, The Amberly, which is fully leased. The office-and-retail podium on Jay Street is also home to Gotham Neurosurgery, Paycom, LifeStance Health and law firm Morgan & Morgan.

Patis CEO Benny Azizov said in a statement that “this space offers the best of both worlds for us, with its curb appeal and ideal location in a vibrant neighborhood.”

Masonre’s David Abrams and Jeff Jacobson represented Patis. Abrams said in a statement that Patis would be “a place [for residents and office tenants] to spend time with friends and colleagues in a laid back environment and escape from their regular work and living space.” AmTrust RE was represented in-house by Anne Holker.

“Now that we’re in a post-COVID world, it’s encouraging to see expansion activity underway in New York City and beyond — we’ve signed several office leases over the past few months, and 203 Jay’s allure as an office property will only increase as a result of these new food and beverage options,” said AmTrust President Jonathan Bennett.

Rebecca Baird-Remba can be reached at rbairdremba@commercialobserver.com