Atit Jariwala Leases Retail Space To Rōk Coffee & Tea In West Village Manhattan

The property asset involved in this transaction is a retail space located at 156 7th Avenue South in the West Village, Manhattan. The lease agreement was established at an asking rent of $288 per square foot for a total area of 1,000 square feet. The lease term is set for 10 years under a modified gross lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $288/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Atit Jariwala
• Tenant: Rōk Coffee & Tea
• Landlord's Representative: Aryeh Vilinsky, Jack Sash Basora & Mark Golberg - Tahari Realty
• Tenant's Representative: Phillip Wang & Evan Huang - Charney Companies

The key individuals involved in this deal include the landlord Atit Jariwala and representatives Aryeh Vilinsky, Jack Sash Basora, and Mark Golberg from Tahari Realty. The tenant, Rōk Coffee & Tea, is represented by Phillip Wang and Evan Huang of Charney Companies, highlighting a collaboration between these parties in securing the lease.