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All stiched up: Art Alliance.

In a transaction that marks the completion of leasing the 8,000 s/f of retail space at The Tapestry--a LEED-Gold, mixed-use development in East Harlem | ABS Partners Real Estate, LLC announced that Art Alliance has signed a 1,500 s/f deal.

After 15 years in Soho as a commercial gallery, the Art Alliance plans to use the space as a studio for featured artist sculptor Leah Poller, and others, as well as to host community cultural events.

With this transaction, the vision for the ground floor space at Tapestry comes full circle.

Tapestry kicked off its retail leasing campaign with No Longer Empty, a non-profit organization whose mission is to introduce art to a wider public.

The opening of the Art Alliance in the last remaining retail space marks the culmination of the vision of using art and culture as a cornerstone of community revitalization.

ABS Partners managing director Mark Tergesen and associate of retail leasing Robert Kempner completed the transaction with the Art Alliance.

Other retail tenants include Tapestry Cleaners and Bagel Tree, East Harlem's newest gourmet grocery.

The property was developed by Jonathan Rose Companies.

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Title Annotation:RETAIL BRIEFS; ABS Partners Real Estate, LLC
Comment:All stiched up: Art Alliance.(RETAIL BRIEFS)(ABS Partners Real Estate, LLC )
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:May 15, 2013
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