Newmark Retail has arranged an 8,121-square-foot lease with Whole Foods Market at the base of Continental Towers, a luxury residential building located at 1524 Second Avenue on Manhattan’s Upper East Side.
Vice Chairman Jeffrey Roseman and Director Drew Weiss are the exclusive retail leasing agents at the property and represented the landlord, ConTowers Associates Limited Partnership, in the transaction. Chase Wells and Jacqueline Klinger of The Shopping Center Group represented Whole Foods Market.
Whole Foods Market signed a long-term lease for the ground-floor space and will operate one of its smaller-format neighborhood stores, offering prepared foods, coffee, fresh produce and everyday essentials designed for convenient, high-frequency shopping in the surrounding neighborhood.
“This transaction presented a unique opportunity to secure a highly visible corner location in one of Manhattan’s most established neighborhood retail corridors,” said Roseman. “The combination of the property’s location, visibility and surrounding residential density made it an excellent fit for Whole Foods Market’s neighborhood store format.”
Whole Foods Market will join Chick-fil-A and Goldfish Swim School, both of which signed leases on the block in 2022. Newmark’s Jeffrey Roseman and Drew Weiss represented ownership in all three transactions.
