TF Cornerstone lands $725M for next Long Island City megaproject
TF Cornerstone signed a 15-year lease to bring Potbelly Sandwich Shop, a Chicago culinary institution, to 2 Gold Street in the Financial District, the chain restaurant’s first New York location. Potbelly’s snapped up the last available retail space in the building, joining Pret-A-Manger, Goodburger, and Hot Clay Oven. Carl Wunderlich and Mike Stone of Cushman and Wakefield represented the landlord while Jeff Roseman, Marc Frankel and Ben Birnbaum of Newmark Knight Frank, represented the tenant in the transaction.
“Potbelly Sandwich Shop will be a great fit in the Financial District and complement the existing retail tenant mix on Maiden Lane. With over 30 years of experience in Chicago, we are confident that Potbelly will continue their success with their New York expansion,” Steve Gonzalez of TF Cornerstone said in a statement.
Potbelly’s will have 2,800 square feet on the ground floor of the 650-unit residential building. The asking rent for the property was $125 per square foot. TRD
