The Studio At Fastbreak Signs Retail Lease At 1621 1st Avenue For $150/ft

The retail property located at 1621 1st Avenue in the Upper East Side was leased to The Studio At Fastbreak. The transaction was facilitated by Newmark's Gary Alterman and Andrew Stern representing the landlord, Lee Rosen of The Kibel Companies, while Meridian Capital Group's James Famularo represented the tenant. The retail lease was signed with an asking rent of $150 per square foot for a space measuring 1,740 square feet.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 1621 1st Avenue
• Market: Upper East Side
• Landlord: Lee Rosen - The Kibel Companies
• Tenant: The Studio At Fastbreak
• Landlord's Rep: Gary Alterman & Andrew Stern - Newmark
• Tenant's Rep: James Famularo - Meridian Capital Group
• Asking Rent: $150/ft
• Size: 1,740 square feet
• Lease Type: Retail Lease

The collaborative effort of Gary Alterman, Andrew Stern, and James Famularo played a crucial role in the successful leasing of the retail space. Lee Rosen's strategic decision to engage with these reputable representatives ultimately led to the completion of the lease agreement at the heart of the bustling Upper East Side market.