A ground lease for the retail space at 207 Bowery in Lower East Side has been finalized. The property, spanning 5,000 square feet, was leased by Champagne Problems NYC. The lease was negotiated by brokers Tyler Zar, Adam Lavian, and Tanner Zar from Titan Group New York, Matthew Jacoby from Vector New York, and Winston Gitonga from F+B Group. The asking rent for the space was set at $80 per square foot.

Summary of transaction details:

• Property Type: Retail
• Address: 207 Bowery, Lower East Side
• Tenant: Champagne Problems NYC
• Brokers: Tyler Zar, Adam Lavian, and Tanner Zar - Titan Group New York; Matthew Jacoby - Vector New York; Winston Gitonga - F+B Group
• Asking Rent: $80 per square foot
• Lease Type: Ground Lease

Champagne Problems NYC, renowned for its commitment to excellence in hospitality, innovative menu offerings, and sophisticated ambiance, is set to transform the dining scene in Nolita with its captivating dining experience. The establishment's lease of the ground-floor retail space at 207 Bowery will further enhance the vibrant culinary landscape of the local area.