Printer Friendly

RKF has food for thought in Brooklyn.

Robert K. Futterman & Associates, LLC has completed a long-term lease with PSK Supermarkets Inc. at Restoration Plaza, 1360-1420 Fulton St., in Brooklyn, N.Y. The company signed a 25-year lease for 31,000 s/f to operate a Foodtown supermarket.

Barry Fishbach, executive vice president, with RKF, represented the net lessor RDC Commercial Center, a subsidiary of Bedford-Stuyvesant Restoration Corp., in the transaction. PSK Supermarkets Inc. was represented in-house.

RKF is the exclusive leasing agent for the 115,000-s/f retail portion of Restoration Plaza, a 300,000-s/f center for retail, commercial, education, arts, and culture in Brooklyn. There is currently more than 40,000 s/f of retail space remaining for lease at Restoration Plaza. Foodtown will replace the current tenant, Pathmark.

PSK Supermarkets Inc. will conduct a complete renovation of its new space. The new Foodtown store is expected to open September 2004.

"This Foodtown will provide an enormous benefit to the neighborhood and stand as a newly invigorated anchor to Restoration Plaza," said Fishbach. "The new supermarket is only the beginning of Restoration Plaza's revitalization."

"Management is committed to expanding Restoration Plaza's appeal as a family destination for art, culture, entertainment and education as well as essential services," said BSRC president Colvin W. Grannum. "This lease and several others that will be announced soon, including a new pharmacy and a national family-style restaurant, will advance our goal."
COPYRIGHT 2004 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 4, 2004
Words:231
Previous Article:Trinity prepared for lease renewal.
Next Article:PBS makes mark on Broadway.
Topics:


Related Articles
RKF brokers sale of two buildings.
Agents. (On the Real Estate Scene).
RKF named agent for Brooklyn space. (Retail New York).
HomeGoods to open SI store. (Retail New York).
Modell's moves to Brooklyn.
RFK tapped for Grand Central Terminal retail leasing.
RKF tapped for Trader expansion.
Zales Jewelers makes a committment.
Brooklyn space a shoe thing for store.
Foodies' Bad Boy move.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters