Lincoln Market Signs 20-Year Lease For Grocery Store At Silverstein Properties In Hell's Kitchen

The property involved in this transaction is a retail space located at 660 West 42nd Street in the Hell's Kitchen market. The lease term is set for 20 years, with the tenant, Lincoln Market, securing a 35,809-square-foot space at a rental rate of $60 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $60/ft
• Square Footage: 35,809
• Address: 660 West 42nd Street
• Market: Hell's Kitchen
• Landlord: Larry Silverstein, Lisa Silverstein & Joseph Artusa - Silverstein Properties
• Tenant: Lincoln Market
• Landlord's Rep: Alan Schmerzler, Michael O’Neill, Sean Moran, Steven Soutendijk & Taylor Reynolds - Cushman & Wakefield
• Tenant's Rep: Scott Sher - Katz & Associates
• Lease Term: 20-year lease

This transaction marks Lincoln Market's largest location in New York City, reflecting a significant commitment to the Hell's Kitchen area. The transaction involves notable representatives from Cushman & Wakefield and Katz & Associates, facilitating the agreement between the Silverstein Properties and Lincoln Market.