Lee & Associates NYC announced that the firm has
arranged a 25-year lease for Brooklyn Fare grocery store at West End Towers at 75
West End Avenue between, West 62nd and West 63rd Streets in Lincoln Square.
It will be the grocer’s fourth New York City location, with
existing stores in the Hudson Yards, West Village and Downtown Brooklyn.
Brooklyn Fare signed a long-term lease with The Brodsky Organization for the space. Asking rent for the 21,600 s/f space was $85 psf.
“Lincoln Square has been rapidly evolving into a true
neighborhood over the past five years, and Brooklyn Fare is extremely
well-positioned to prosper,” said Brad Schwarz, principal at Lee &
Associates who represented both sides in the lease with colleagues JP Sutro and
Morris Dweck. “Their high-quality, affordable options will meet the needs for
this diverse neighborhood.”
Brooklyn Fare will occupy the ground floor of the 1,000-unit
rental complex, West End Towers. Once home to low-cost supermarket chain Western
Beef, the space will be completely refurbished to open in Summer 2021.
Moe Issa, the owner of Brooklyn Fare, said of the Upper West
Side location: “Lincoln Square is a great neighborhood for our expansion of the
Brooklyn Fare brand, and the concept caters to shoppers at all price points
which the area needs. We sell every-day items up to high-end niche cooking-related
products. We are very confident Brooklyn Fare will be embraced.”
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