Avison Young Brokers Manhattan Retail Lease
- Feb 01, 2019
The Domestic and Foreign Mission Society of the Protestant Episcopal Church has signed a 3,463-square-foot retail lease with Midtown Hardware at 815 Second Ave. in Manhattan. The True Value-owned hardware store will occupy 1,807 square feet on the ground floor and 1,656 square feet on the mezzanine, relocating from the Teacher’s Insurance building at 730 Third Ave.
Situated in the borough’s Midtown East neighborhood and known as the Episcopal Church Center, the building is within walking distance of the United Nations Headquarters and Grand Central Terminal. Multiple subway lines, including 4, 5, 6, 7 and S, as well as Metro-North’s Harlem, Hudson and New Haven train stations, provide easy access throughout the entire area.
According to Yardi Matrix data, the 11-story property encompasses 137,784 square feet of office and retail space. The new tenant plans to connect the floors it occupies through a staircase. Other notable tenants include The Lyceum Kennedy International School, The National Association of Episcopal Schools and Consulate General of Haiti.
Avison Young Principal & Tri-State President Arthur Mirante, Principal Martin Cottingham, Director Jonathan Krivine and Associate Matthew Pynn represented the landlord in the lease transaction. JLL’s Patrick Smith, Don Cafero and Amy Zhen acted on behalf of the tenant. In December, JLL brokered another Manhattan lease on behalf of a biopharmaceutical solutions company.
Image courtesy of Yardi Matrix