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Retail brokers' preview at 345 West 42nd Street hosted by Garrick-Aug team: well-attended event peaks broker interest in enviable Times Square West space.


NEWYORK CITY -- To familiarize retail brokers with an enviable 42nd Street/ Times Square West space now available for lease, Vice Chairman Faith Hope Consolo and Managing Director Joseph A. Aquino of Garrick-Aug Worldwide, Ltd. recently hosted an on-site Retail Brokers' Preview The brokerage team has been appointed to exclusively market 345 West 42nd Street, a triplex triplex /tri·plex/ (tri´pleks) triple or threefold.

triplex

triple or threefold.
 storefront nestled amongst the four million square feet of new offices and five new residential towers rising within a one block radius One Block Radius is an alternative hip hop group made up of Marty James (vocals, raps, production), MDA (vocals, turntables), and emcee Z-Man (a Hieroglyphics associated rapper).  of the property.

The breakfast event included an extensive tour of the space, complete with a color brochure and floor plan. Adding to the excitement was a raffle for two tickets to "Hairspray."

A 100-linear-foot, all-glass storefront and lofty 20-foot ceilings enhance the space, which consists of: approximately 7,600 square feet of ground floor space; 6,200 square feet of second level space; and an 8,400-square-foot selling basement.

"The response at the event was tremendous, creating interest from brokers impressed by the space's large size and central location," boasted Mr. Aquino. "This is where Broadway theatres For other uses of "Broadway", see Broadway.

Broadway theatre[1] is the most well known form of professional theatre to the American general public and most lucrative for the performers, technicians and others involved in putting on the shows.
 and Off-Broadway meet on 42nd Street."

"This address would be ideal for a big-box retailer, restaurant, museum, health club or even a child day care center as this is the new midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 bohemian area for young professionals," added Ms. Consolo.

The space is within a stone's throw stone's throw
n.
A short distance.


stone's throw
Noun

a short distance

Noun 1.
 of the Westin and Hilton hotels
For the company involved in the buy out please see Hilton Hotels Corporation. This hotel chain is not the company being acquired.
The Hilton brand was re-united internationally after more than 40 years in February 2006, when United States-based Hilton
, the Ford Theatre, New Amsterdam Theatre The New Amsterdam Theatre is a Broadway theatre located at 214 West 42nd Street in the heart of Times Square in New York City. It was built in 1903 by the partnership of impresarios A.L. Erlanger and Marcus Klaw and designed in the Art Nouveau style by architects Herts and Tallant. , and numerous off-Broadway venues. The area includes the new home of the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times, along with more than 7,000 new apartments located between 8th and 12th Avenues. In addition to luxury projects in the vicinity by names such as Milstein, Witkoff, and Ratner, the area benefits from foot traffic from the 20 million tourists that visit and shop in the Times Square District annually.

Founded a quarter of a century ago, Manhattan-based Garrick-Aug Associates is the nation's largest brokerage specializing exclusively in retail leasing today. Operating throughout the U.S. and abroad, the company has been instrumental in brokering many of the most trend-setting retail leases in the metropolitan New York area.

Ms. Consolo started the Garrick-Aug Worldwide division in 1987. Headquartered in Paris, Garrick-Aug Worldwide works with prominent international retailers in identifying and securing the best locations for its U.S. stores and retail operations.

(L to R) Marwan Dalloul, American Properties; Melissa Mingo, Real Estate Weekly

Gladys Habib, First New York 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.
 

Clint Blume, C.W. Blume

(L to R) Brokers gather to hear more about the available retail space.

(L to R) Mark Hoffherr, Midtown Commercial Real Estate; Jason Pacilli, Garrick-Aug Worldwide; Michael Kaback Michael M. Kaback, M.D. is a Professor of Pediatrics and Reproductive Medicine, and chief of the Division of Medical Genetics, at the University of California-San Diego. , Midtown Commercial Real Estate (past winner of tickets to "The Producers")

(L to R) Howard A. Bornstein, Charles H. Greenthal & Co.; Perry Rothenberg, Douglas Elliman

(L to R) Joseph A. Aquino and Faith Hope Consolo of Garrick-Aug Worldwide pose in front of 345 West 42nd Street with landlord Robert G. Friedman of York Resources.

(L to R) Joseph A. Aquino and Faith Hope Consolo of Garrick-Aug Worldwide present broker Blanca M. Pena of Masterpiece International Realty Corporation with two tickets to "Hairspray," a prize she won during a raffle held at the event.

(L to R) Joseph A. Aquino, Garrick-Aug Worldwide; Jonathan Fein, Adams & Co.

(L to R) The group listen intently during the presentation.

(L to R) Bernard Friedman, York Resources; Joseph A. Aquino, Garrick-Aug Worldwide

(L to R) Jason Pacilli, Naresh Ramlochan and Justine Sealey of Garrick-Aug Worldwide
COPYRIGHT 2003 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 13, 2003
Words:574
Previous Article:$50,000 offered to lease Melville building.(T. Weiss Realty Corp.)(Brief Article)
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