IN THE NEWS
Heytea Taking Over Swarovski’s Times Square Store
Times Square is going from Swarovski to Heytea, Commercial Observer has learned.
The Chinese tea company signed a 2,390-square-foot sublease with the jewelry chain for the retail space at 1565 Broadway, owned by Jeff Sutton’s Wharton Properties, which Swarovski originally leased in 2017, according to sublandlord broker Louis Franco of Isa Realty Group.
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Hurley has become responsible for leasing some 40,000 square feet for retail owners in the Times Square area. His first big deal was 25,000 square feet for the event space and club Circo at 1604 Broadway in early 2023; and, in May 2023, he arranged a 10-year lease at 1580 Broadway for NY Bakery and Desserts’ flagship.
INSIDE THE THRILLING NEW $4M LATIN ENTERTAINMENT COMPLEX OPENING NEXT WEEK IN TIMES SQUARE
A grand $4 million Latin entertainment concept in Times Square that’s opening in phases beginning next week will reinforce the Big Apple’s persona of “the city that never sleeps” with a real dose of fiesta. The lease for the 28,000-square-foot multi-story space was signed with the building owner, Faremore Realty, in September 2022, said broker Joseph Isa of ISA Realty Group.
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NY BAKERY AND DESSERTS OPENING TIMES SQUARE FLAGSHIP
NY Bakery and Desserts found a sweet spot for a new Times Square flagship. PHOTO: ISA REALTY GROUP
SATORI LASER TO OPEN NEW HAIR REMOVAL CLINIC IN HELL’S KITCHEN
Hair removal chain Satori Laser cut a smooth deal for a new Hell’s Kitchen outpost. PHOTO: ISA REALTY GROUP
BUTTERCUP BAKE SHOP OPENS UPPER WEST SIDE LOCATION
Buttercup Bake Shop, which is known for its buttercream cupcakes, has secured its fifth New York City location on the Upper West Side.
AR GROUP OF RESTAURANTS PURCHASES UNION SQUARE BUILDING FOR $10.5 MILLION
Popeyes franchisee AR Group of Restaurants has purchased a 7,500-square-foot building near Union Square Park.
CAPTAIN COOKIE TO OPEN THEIR FIRST NYC LOCATION
The D.C.-based cookie concept is opening their flagship location in NoHo near New York University.
GUMPTION COFFEE TO OPEN FLATIRON DISTRICT LOCATION
Gumption Coffee is opening a new location at 940 Broadway. The 650-square-foot space is being renovated similarly to the Sixth Avenue location.
MOCHIDOKI, A MOCHI ICE CREAM MAKER, SNAGS UPPER EAST SIDE LEASE
The 600-square-foot space at 1035 Third Avenue was previously an eyewear shop, Elijah Peters Opique.
FAST-FOOD CHAIN POPEYES OPENING 6K SF TIMES SQUARE FLAGSHIP
POPEYES PLANS TO OPEN A FLAGSHIP AT 1530 TIMES SQUARE. PHOTO: ISA REALTY GROUP
POPEYES SIGNS LEASE FOR TIMES SQUARE FLAGSHIP LOCATION
The Miami-based chain has signed a lease for a large Times Square flagship in the Bowtie Building at 1530 Broadway, The Post has learned.
FOOD OPERATORS FLOCK TO EAST 23RD STREET BY MADISON SQUARE PARK
A BEVY OF NEW FOOD OPERATORS HAVE SIGNED LEASES ALONG EAST 23RD STREET IN ANTICIPATION FOR SL GREEN'S ONE MADISON AVENUE. PHOTO: COSTAR GROUP
POPEYES TAKES OVER SHUTTERED TAQUERIA SPACE NEAR MADISON SQUARE PARK
Although many retailers are struggling in the midst of the pandemic, national fast-food chains are taking advantage of declining retail rents to expand throughout New York City.
DUNKIN' NEGOTIATES A DEAL IN COLUMBUS CIRCLE, POST-CORONAVIRUS
Dunkin' (formerly known as Dunkin Donuts) has signed a small retail lease to relocate near Columbus Circle in one of the few lease deals signed since Mayor Bill de Blasio and Governor Andrew Cuomo began shutting down New York City last week.
A PERMANENT HOME FOR MOCHI
Mochi meets dressy petits fours at the Mochidoki shop in SoHo opening on Thursday. It's the first shop for the company, founded in 2015,
TACO BELL NAILS DOWN 2 LOCATIONS ON MANHATTAN'S EAST SIDE
Fast food chain Taco Bell has been expanding quickly over the past year in New York City. The "Live Más" company recently inked deals for new locations in Midtown East and the Upper East Side, Commercial Observer can first report.
NYC'S BIGGEST RETAIL LEASES IN FEBRUARY 2020
The leasing of large retail spaces in New York City is still slowing, based on the 10 largest leases made public last month.
POPEYE'S GROWTH SPURT CONTINUES | REAL ESTATE WEEKLY
Restaurant Brands International continues to grow its Popeye's brand with a new midtown restaurant at 934 ..