Rudin bags food merchant at 215 East 68th Street rentals

TRD New York /
Nov.November 06, 2013 02:30 PM

UPDATED, 4:52 p.m., Nov. 6: Family-run food merchant Grace’s Marketplace is staying in the Upper East Side, but soon setting up shop at 215 East 68th Street, a 608-unit rental building owned by Rudin Management.

For 30 years, 1237 Third Avenue at 71st Street has served as the market’s home. The 15-year lease is for a total of 13,125 square feet on the ground floor and lower level — nearly twice the size of the old 7,000-square-foot space. The ground floor is 7,742 square feet, and the lower level is 5,383. Asking rents were $200 per square foot.

The Rudin building, between Second and Third avenues, is undergoing a $90 million renovation, with a new playroom and fitness center. The façade is “98 percent complete,” Michael Rudin told the New York Observer.

With assistance from Winick Realty Group broker Michael Gleicher, Rudin represented the landlord in-house. David Kevelson of the Manhattes Group represented Grace’s Marketplace.

Winick was tapped in December to market the space, which became in vacant in April, as The Real Deal reported. [NYO]Mark Maurer


Related Articles

arrow_forward_ios
WeWork's co-CEO Sebastian Gunningham speaks at the launch of Dock 72

What, We Worry? Execs remain confident in WeWork-anchored Brooklyn project

Bill Rudin and One Whitehall Street and 110 Wall Street

Rudins planning for family estate with rare building sales

Rudin Management's Bill Rudin and Michael Rudin with 110 Wall Street (Credit: Getty Images and Google Maps)

Rudin Management’s 110 Wall, home to WeLive, comes to market

Ross Burack (Credit: Winick)

Winick broker accused of “fraudulent scheme” involving sex worker in new suit

Intelligent design: “Business is booming” for smart buildings

Intelligent design: “Business is booming” for smart buildings

Rudin Management heiress is calling it quits on NYC with $12M listing

Rudin Management heiress is calling it quits on NYC with $12M listing

Rudin Management closes $550M refi at 345 Park Avenue

Rudin Management closes $550M refi at
345 Park Avenue

New York arm of ACLU inks sublease at Rudin’s One Whitehall

New York arm of ACLU inks sublease at Rudin’s One Whitehall

arrow_forward_ios
Loading...