In the News: Major New Retail Space

••• “A 19,000-square-foot retail space in [140 Franklin, at Varick] is available for lease for the first time in almost half a century. The space […] was previously used as an office [for electrical supply company Argo International] but will soon be converted to a retail condominium. […] Once completed, the space could house multiple tenants, [Manhattes Group’s] Jamison Weiner said—one occupying the Varick Street side of the space and one or two tenants fronting on Franklin Street. The asking rent for the ground floor corner space will be $110 a foot, while the side street and lower-level space will ask $90 per foot and $30 per foot respectively. The property has already drawn interest from a bank, eying the corner space, and a local Tribeca retailer, who looked at some of the side-street square-footage.” Just one bank? Why not two? Or three! —The Real Deal

••• The New York Times on where the World Trade Center “Sphere” could end up.

••• The city’s bike-share program, Citi Bike, has been delayed till spring. —New York Times

••• “For the past five years, Trinity has been working on a rezoning of [the area it calls Hudson Square,] 50 acres spread over some 20 off-the-grid blocks—the area often feels remote cut off from the rest of the city as it is by the Holland Tunnel. On Monday, it officially begins the public review process, as the City Planning Commission is expected to certify Trinity’s in-hourse rezoning proposal.” —New York Observer

••• The Forward reviews “new, hip [and kosher] Tribeca restaurant Jezebel,” which is north of Canal.

••• Eater put Jungsik on its Deathwatch list: “You can get a reservation on OpenTable for any time you want, no problem. The restaurant is only open for dinner six days a week, and there’s no lunch business, whatsoever. Perhaps Jung Sik will get a bump after the Michelin Guide drops, but right now, it’s the biggest, best new fine-dining restaurants that nobody’s going to.”

••• “Thom Browne is doing a diffusion line called Thom Grey.” —WWD

••• Buzz Buzz Home has a rendering of the lobby of 93 Worth. I guess we all do, now.


1 Comment

  1. Went to Jung Sik on a Tuesday in May – it was empty when we got there but filled by the time we left. And it was truly a great meal. August (summer in general) is not a good season for high end restaurants.