Dim Sum Palace Signs 15-Year Lease For East Village Location With Icon Realty Management

The Dim Sum Palace, a made-to-order Dim Sum restaurant, has signed a 15-year lease for their third Manhattan location in the East Village. The restaurant will be located at 59 2nd Avenue, a retail space managed by Icon Realty Management. The lease was facilitated by David Green, who represented both the tenant and the landlord.

Summary of transaction details:

• Property Type: Retail
• Transaction Date: 07/24/2018
• Address: 59 2nd Avenue, East Village, New York
• Tenant: Dim Sum Palace
• Landlord: Icon Realty Management
• Tenant's Broker: David Green
• Landlord's Broker: David Green
• Asking Rent: $150/ft.
• Square Footage: 2,050

This lease transaction represents the continued expansion of Dim Sum Palace in Manhattan, adding to their existing locations in the city. The deal was successfully negotiated by David Green, who represented both the tenant and the landlord, Terrence Lowenberg and Todd Cohen of Icon Realty Management.