Winick Realty Facilitates 3 Lease Renewals at Columbus Square in Manhattan
In addition to negotiating more than 100,000 square feet of extensions for anchor tenants TJ Maxx, Home Goods and Michael’s Arts & Crafts, the firm also arranged a new contract with Higher Ground Education.
By Keith Loria, Contributing Editor
TJ Maxx, Home Goods and Michael’s Arts & Crafts have all extended their leases at Columbus Square, a mixed-use development in Manhattan’s Upper West Side.
Winick Realty Group negotiated the deals, which represented more than 100,000 square feet, on behalf of the landlord.
“Columbus Square has brought new excitement to this Upper West Side neighborhood and created a destination for both local residents and shoppers from all over the city, allowing the retailers there to truly thrive,” Jeff Winick, Winick Realty Group’s CEO, said in a prepared statement. “We are pleased with the success that TJ Maxx, Home Goods and Michael’s Arts & Crafts have had at the property and we look forward to these tenants remaining at Columbus Square for years to come.”
TJ Maxx extended its lease for 40,550 square feet at 808 Columbus Ave., while Home Goods chose to stay in its 27,019-square-foot store at 795 Columbus Ave. Also, Michael’s Arts & Crafts renewed its contract for 34,424 square feet at 808 Columbus Ave.
Additionally, Winick Realty Group completed a 10,976-square-foot lease with Higher Ground Education at 775 Columbus Ave. The education company will open an early childhood Mandarin immersion school sometime in the next six months.
Newmark Knight Frank’s Jordan Gosin and JLL’s Nick Carey represented the tenant in the new lease, while Winick and his associate Ross Burack handled things on the ownership side.
A vibrant area
Columbus Square is situated on Columbus and Amsterdam Avenues, between West 97th and West 100th Streets on the Upper West Side. Winick Realty Group is the exclusive broker for Columbus Square.
In addition to 500,000 square feet of retail and community space, Columbus Square also contains more than 700 state-of-the-art residential units.
The roster of tenants includes Sephora, Whole Foods, Bareburger, Starbucks, Chipotle Mexican Grill, Chase Bank, Bank of America, Modell’s Sporting Goods, Duane Reade, European Wax Center and Verizon.
There are still retail opportunities available in the area, including 1,628 square feet of ground-floor space at 795 Columbus Ave., and three retail spaces at 801 Amsterdam Ave., spreading across 1,126 square feet, 2,691 square feet and 3,607 square feet, respectively.
In July, Winick Realty Group represented Walter & Samuels in bringing Taco Bell’s Cantina concept to New York City, with a 10-year, 2,451-square-foot lease in its building.
Image courtesy of Winick Realty Group
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