Meridian Capital Group Brokers Lease Deal For Retail Space On Lower East Side

The retail property located at 154 Orchard Street in the Lower East Side has been leased. The landlord, Metro City Properties represented by Alon Noy, has reached an agreement with the tenant, Mue Fashion Inc. The lease was facilitated by brokers James Famularo and Bobby Ortense from Meridian Capital Group. The asking rent for the property was $102 per square foot, with a total square footage of 650.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Lease
• Address: 154 Orchard Street
• Market: Lower East Side
• Landlord: Metro City Properties represented by Alon Noy
• Tenant: Mue Fashion Inc
• Brokers: James Famularo and Bobby Ortense from Meridian Capital Group
• Asking Rent: $102/ft
• Square Footage: 650

This lease transaction signifies a successful collaboration between Metro City Properties, represented by Alon Noy, and Mue Fashion Inc. The deal was facilitated by experienced brokers James Famularo and Bobby Ortense from Meridian Capital Group. The leasing agreement was reached at an asking rent of $102 per square foot for a total space of 650 square feet. This transaction demonstrates the attractiveness of the Lower East Side market for retail businesses.