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Ginger Sapori E Salute Signs 20-Year Lease At 123 West 49th Street In Midtown Manhattan

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Kenneth Hochhauser

New York

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Retail7,000 SF
Leased 09/25/2025
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Ginger Sapori E Salute Signs 20-Year Lease At 123 West 49th Street In Midtown Manhattan

123 West 49th Street

See Similar Deals
Retail7,000 SF
Leased 09/25/2025
Kenneth Hochhauser
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:7,000 SF

The property asset involved in this transaction is a retail space located at 123 West 49th Street, situated in the Midtown Manhattan market. The lease involves an area of 7,000 square feet with asking rents of $150 per square foot, and the lease term is set for 20 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $150/ft
  • Lease Term: 20 years
  • Landlord: John Kessler - Mitsui Fudosan America
  • Tenant: Ginger Sapori e Salute
  • Landlord's Representative: Kenneth Hochhauser & Jeff Winick - RTL Real Estate
  • Tenant's Representative: Allan Gallaway - Sotheby's International Realty
  • Square Footage: 7,000

The deal highlighted key representatives, including John Kessler acting on behalf of Mitsui Fudosan America. RTL Real Estate, represented by Kenneth Hochhauser and Jeff Winick, acted as the landlord's representatives while Allan Gallaway represented Ginger Sapori e Salute through Sotheby's International Realty.

Players

Jeff Winick
10 deals$2.2M volume(212) 792-2601
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Kenneth Hochhauser
RTL Real Estate
4 deals$9M volume(212) 792-2605
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RTL Real Estate
BROKERAGE


Details

IMAGE: Jeff Winick, John Kessler & Kenneth Hochhauser DATE: 09/25/2025 ADDRESS: 123 West 49th Street MARKET: Midtown Manhattan ASSET TYPE: Retail LANDLORD: John Kessler - Mitsui Fudosan America TENANT: Ginger Sapori e Salute (@GingerSaporieSalute) LANDLORD'S REP: Kenneth Hochhauser & Jeff Winick (@JeffWinick) - RTL Real Estate (@RTL.RE) TENANT'S REP: Allan Gallaway - Sotheby's International Realty (@SothebysRealty) ASKING RENT: $150/ft ~ SF: 7,000 LEASE TERM: 20-year NOTE: Ginger Sapori e Salute signed a 20-year, 7K SF lease at 123 W. 49th St./1251 Sixth Ave. in Midtown Manhattan, with asking rents around $150/SF. Landlord Mitsui Fudosan America was represented by RTL’s Kenneth Hochhauser and Jeff Winick, while tenant rep was Allan Gallaway of Sotheby’s International Realty.

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