Famularo Team at Eastern Consolidated Arranges Tribeca Lease
NEW YORK, NY – March 20, 2018 – The James Famularo Team at Eastern Consolidated has arranged a 1,234-square-foot ground floor lease at 112 Hudson Street in Tribeca for a new high-end café and cocktail bar called Noted Tribeca.
Exclusive brokers James Famularo, Principal and Senior Director, and Clayton Traynham, Associate Director, represented the landlord, Hudson Street Retail LLC. Douglas Elliman Commercial represented the tenant.
“This is a fantastic location next door to the iconic Bubby’s restaurant and surrounded by luxury condominium developments and high-end retailers and restaurants,” Famularo said. “The space had sat empty since the new owners bought the retail condo from Robert DeNiro five years ago, but within six months, my team brought two tenants.”
Famularo originally arranged a lease with Le Du’s Wines, but the wine shop’s relocation wasn’t approved by the New York State Liquor Authority last fall. His team quickly arranged the lease with ForGround.
“The new café will be very successful in this space because there is definitely a market for it in this area of Tribeca,” Famularo said.
The new venue will be opened by owners of ForGround, located at 8 East 41st Street in Midtown, which offers ground coffee and a farm-to-table menu.
Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.com and follow us on Twitter@EasternConsol.
Back to news list