Lullaby Downtown Leases Retail Space At 151 Rivington Street In Lower East Side

Located at 151 Rivington Street in the Lower East Side, this retail property recently closed a lease transaction. The asset spans approximately 900 square feet and was leased to Lullaby Downtown. The landlord for this property is Centennial Properties, represented by Steve Croman. The deal was facilitated by brokers James Famularo, Ben Biberaj, and Andrew Ingber from Meridian Retail Leasing. The asking rent for the space was $140 per square foot.

Summary of transation details

• Property Type: Retail
• Transaction Date: 06/18/2021
• Address: 151 Rivington Street
• Market: Lower East Side
• Tenant: Lullaby Downtown
• Landlord: Centennial Properties - Steve Croman
• Brokers: James Famularo, Ben Biberaj & Andrew Ingber - Meridian Retail Leasing
• Asking Rent: $140/ft.
• Square Footage: 900

The deal was successfully negotiated by the team at Meridian Retail Leasing, specifically brokers James Famularo, Ben Biberaj, and Andrew Ingber. They played a crucial role in connecting the tenant, Lullaby Downtown, and the landlord, Centennial Properties represented by Steve Croman. This lease transaction on 151 Rivington Street in the Lower East Side showcases the demand for retail space in the area and the expertise of the involved parties.