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RKF gets job done at Lexington retail condo.


Robert K. Futterman & Associates, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (RKF RKF Rapid Knowledge Formation ) has completed its exclusive leasing assignment at 1251 Lexington Avenue with the signing of three retail tenants for a total of 3,800 s/f.

Hippotots, a children's wear and accessories retailer leased 376 s/f for its first Upper East Side location; Starbucks leased 1,400 s/f; and Pets on Lex See yacc.

1. (tool) Lex - A lexical analyser generator for Unix and its input language. There is a GNU version called flex and a version written in, and outputting, SML/NJ called ML-lex.
 leased 2,024 s/f..

As exclusive leasing agents, RKF managing director Ariel Schuster and director Richard Gelber arranged these transactions on behalf of the building's institutional owner.

Hippotots was represented by RKF associate Stefany Di Manno; Starbucks was represented by David Firestein, of Northwest Atlantic; and Pets on Lex was represented by Michelle Rubel ru·bel  
n.
See Table at currency.



[Belarusian, from Old Russian rubl, cut, piece; see ruble.]

Noun 1.
 and Darrel Rubens of Winick Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group.

The RKF leasing team successfully completed the assignment in six months, adding significant value to the retail condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 which is being marketed for sale by the RKF team of senior vice president Jeffrey Fishman and associate Brandon Eisenman.

1251 Lexington Avenue is located on the southeast corner of 85th Street and Lexington Avenue. It is in close proximity to the area's major retailers, Best Buy, P.C. Richard, Barnes & Noble and RadioShack. One block away is the 86th Street subway subway: see rapid transit.
subway

Underground railway system used to transport passengers within urban and suburban areas. The first subway line, 3.
 station, the 11th busiest station in the system.

"This is one of the busiest corners on Manhattan's Upper East Side. The retailers that will occupy space at this luxurious retail condo will be a tremendous addition to the neighborhood," said Schuster.

The area is being redefined by major new residential developments, including the Extell Development Company's upscale condominium on Lexington Avenue, between 85th and 86th Streets, which includes 170 units and 100,000 square feet of retail space. Barnes & Noble and H&M have already signed leases at the above location. Another new development is being undertaken by The Related Companies and partners on Third Avenue and 86th Street, and features 25,000 square feet of retail.

Starbucks is slated to open their newest location in October while Hippotots is scheduled to open their new store In January 2007.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Nov 29, 2006
Words:340
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