Rose Associates Leases 2,583 S.F. to Chipotle, Bringing the Popular Restaurant to Peter Cooper Village/Stuyvesant Town
Posted On April 23, 2015
Rose Associates, the New York-based full-service real estate firm, has announced that it recently signed a 15-year lease with Chipotle Mexican Grill for 2,583 square feet at 286 First Avenue. The Peter Cooper Village/Stuyvesant Town retail location was formerly home to a Strawberry clothing store.
Bruce Spiegel, senior managing director for Rose, and Louis Joachim II, commercial leasing associate, represented the landlord in the transaction. Kenny Hochhauser of Winick Realty Group represented Chipotle Mexican Grill.
“Chipotle is a perfect addition to the retail mix at Peter Cooper Village and Stuyvesant Town,” said Bruce Spiegel of Rose. “We anticipate that residents at the complex, students at neighboring schools, and workers at nearby Beth Israel Hospital will respond very well to this popular restaurant offering.”
Rose Associates has long acted as exclusive leasing agent for the retail and commercial portion of Peter Cooper Village/Stuyvesant Town.
About Rose Associates, Inc.
Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.