Stout NYC Leases 16,000 Sq. Ft. Retail Space At 213-223 West 35th Street

The retail space located at 213-223 West 35th Street spans 16,000 square feet within the Midtown South market. It has been leased for a duration of over 10 years, with an asking rent of $125 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $125/ft
• Lease Term: 10-plus-year lease
• Landlord: Adam Justin - Justin Management
• Tenant: Martin Whelan - Stout NYC
• Landlord's Representative: Matthew DeRose & William Janetschek - Nomad Group
• Tenant's Representative: Michael Kaufman - Kaufman Organization

Stout NYC is moving its flagship pub from 133 West 33rd Street to this new location, marking a significant relocation for the business. The representatives involved in the transaction include Matthew DeRose and William Janetschek, who represented the landlord, while Michael Kaufman represented the tenant.