News: Shopping Centers

Schultz of Lee & Associates NYC arranges 800 s/f retail lease for Van Leuween

Jamie Schultz, Lee NYC

New York, NY Jaime Schultz, managing director, Lee & Associates NYC has arranged a 10-year lease at 1625 Second Ave. for the made-from-scratch artisan ice cream brand - Van Leuween. Originally launched as a buttery yellow ice cream truck on the streets of New York City, Van Leuween now has ten stores in New York and Los Angeles.

The Upper East Side store is one in a series of locations that will be opening soon. The other stores will be located at 448 Amsterdam Ave. on the Upper West Side, 45 Spring St. in SoHo and 550 Vanderbilt Ave. in Brooklyn’s Prospect Heights neighborhood. On the wholesale side, Van Leeuwen ice cream is now available in 150 stores and the company is in the process of expanding their business to over 1000 stores nationwide. By the end of 2018, Van Leeuwen plans to have a robust wholesale presence in Texas, Florida and the Rocky Mountain region.

“Brooklyn as a brand is desirable and so are Brooklyn-based tenants,” said Schultz, who has been named the master broker for Van Leeuwen Ice Cream’s nationwide expansion. “All of the product is made from scratch in Brooklyn’s Greenpoint neighborhood and the attention-to-detail is evident in the lines that stretch out the door at every location that’s opened.”

Located on Second Ave. between East 84th and 85th Sts, the 800 s/f space is only two blocks from the 4, 5 and 6 subway lines as well as one block from the Q train. Surrounding businesses include Elio’s, Hummus Kitchen and La Pulperia.

The landlord, Eames, was represented by Hal Shapiro of Winick Realty Group. Given current market conditions and the desirability of the tenant, the landlord offered increased concessions. Van Leeuwen will take occupancy on the Upper East Side in the summer of 2018.

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