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Riverbank Realty closes $10M in retail leases.

Riverbank Realty Company has completed several Manhattan retail deals with a combined aggregate rental value rental value n. the amount which would be paid for rental of similar property in the same condition in the same area. Evidence of rental value becomes important in lawsuits in which loss of use of real property or equipment is an issue, and the rental value is the  in excess of $10 million, it was announced by Gene Meer, the firm's executive vice president and director of the retail services department.

Wendy's, one of the nation's more rapidly growing fast food chains, will be opening in 957 Third Avenue, between 57th and 58th Streets. The company has leased 5,000 square feet for the restaurant. According to according to
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 Meer, the long-term deal is valued at over $6 million.

In addition, Meer has completed leases for two international companies which will be entering 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
 market for the first time. In a 10-year transaction, Bodum will be opening a store in 673 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S.  on the northeast corner of 61st Street. The aggregate rental is valued at over $2.5 million. Bodum is a Danish companies This is a list of major companies based in Denmark. Please note that the list is highly incomplete and does not have thousands of companies of different sizes. Links should only point to the Wikipedia article, and not to a web page URL.  with retail locations in the United Kingdom, Switzerland, France and the Netherlands. 673 Madison will be its first flagship store in the U.S. Bodum is a manufacturer and retailer of home products and fine coffees, with products that are currently sold in major department stores across the United States.

Meanwhile, Baratti Milano has leased a store at 699 Madison Avenue between 62nd and 63rd Streets. Baratti Milano, a fine purveyor (World-Wide Web) Purveyor - A World-Wide Web server for Windows NT and Windows 95 (when available).

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E-mail: <info@process.com>.
 of gourmet foods, will be opening a confectionery boutique serving teas, coffees, chocolates and pastries, as well as selling its own assortment of packaged products. According to Meer, Baratti Milano has completed a long-term lease valued at over $2.5 million.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:$10 million
Publication:Real Estate Weekly
Date:Aug 12, 1992
Words:254
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