Jeffrey Cheng Leases Retail Space At 135 East 63rd Street To Colorpop For $150/ft

The retail asset located at 135 East 63rd Street in the Upper East Side has been leased at an asking rent of $150 per square foot for a total area of 1,995 square feet. The lease type is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Lease Type: Modified Gross Lease
• Address: 135 East 63rd Street
• Market: Upper East Side
• Landlord: Jeffrey Cheng
• Tenant: Colorpop
• Landlord's Representative: James Famularo, Jacob Mayer & Bobby Ortense - Meridian Capital Group
• Tenant's Representative: Claude Kolb - KSR

Key individuals involved in this transaction include Jeffrey Cheng as the landlord and Colorpop as the tenant, both represented by their respective brokers, with the landlord's representation coming from the Meridian Capital Group and Claude Kolb representing the tenant through KSR.