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Newmark Grubb Knight Frank (NGKF) Retail is pleased to announce that it has completed a deal with Bluemercury at 341 Amsterdam Avenue in Manhattan on behalf of the landlord, Lichter Real Estate Number One, LLC. The storefront includes over 1,200 square feet on the ground floor and 500 square feet of basement space, and is located on the northeast corner of 76th Street, a central point within Manhattan’s densely populated Upper West Side. The retail location is within a three-block radius of five different schools and is four blocks from the 72nd Street express subway station, which is one of the busiest subway stops in the city with express service from the 1, 2 and 3 trains.
Bluemercury, the nation’s largest and fastest-growing luxury beauty product and spa retail chain, signed a lease for fifteen years, joining premium retail operators in the immediate area such as Juice Press, Equinox Health Club, SoulCycle, Pure Yoga, Fairway Market, Modell’s Sporting Goods and Jacques Torres Chocolate. NGKF senior managing directors Ross L. Kaplan and Stu L. Morden represented the landlord, Lichter Real Estate Number One, LLC in the transaction. Kaplan noted, “After carefully selecting the perfect tenant for the space, we are very happy to welcome Bluemercury to the building with other premium operators such as Chop’t, who joined us six months ago. We have one space remaining in between these two great co-tenants and will be looking for complementary uses to complete the leasing at the building.” John Auber represented the tenant as consultant of The Auber Group with RKF.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.