Post on 27-Jul-2020
transcript
NOMAD CENTER AT THE VIRGIN HOTEL
THEHEART OF NOMADRETAIL
MEATPACKING
SOHO
TRIBECA
LOWER MANHATTAN
NOMADManhattan’s newest neighborhood. Located one block north of Madison Square Park, NoMad is home to a rapidly expanding collection of high-end and trendy hotels, restaurants, high-rises and new developments. The Virgin Hotel’s 450-room, U.S. flagship location sits at the heart of this burgeoning neighborhood.
1. U.S. CENSUS BUREAU - 1 MILE RADIUS 2. FLATIRON/23RD STREET PARTNERSHIP 3. COSTAR 4. EXPERIENCENOMAD.COM
A MATURE MIX OF MID-CAREER
PROFESSIONALS, COUPLES AND FAMILIES
POPULATION / 230,3251 MEDIAN AGE / 36
AVERAGE HOUSEHOLD INCOME / $172,3401 RETAIL VACANCY RATE / 5.5%2
OFFICE3 / 34.5 MILLION SF OF OFFICE SPACE
185 OFFICE BUILDINGS $57.06/SF AVERAGE ASKING RENT
NEIGHBORHOOD4 / 7 SUBWAY STOPS, SERVICING:
43,888,322 SUBWAY RIDERS/YEAR
335 CITIBIKE DOCKING STATIONS 11 BUS LINES
32 GYMS MORE THAN 75 FINE DINING RESTAURANTS
37 LARGE RESIDENTIAL BUILDINGS
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5 MADISON VENUEHOSPI ALITY/HOTELBuilding size 267K SF 54 stories
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The Virgin Hotel is surrounded by NYC’s hottest shopping, dining and nightlife.RESTAURANTS/NIGHTSPOTS 1 MADISON SQUARE PARK 2 230 FIFTH 3 40/40 CLUB 4 A VOCE 5 BLUE SMOKE 6 THE BRESLIN AT ACE HOTEL 7 DOS CAMINOS 8 EATALY/EATALY VINO 9 HILL COUNTRY BARBECUE 10 HILLSTONE 11 JAZZ STANDARD 12 JOHN DORY OYSTER BAR 13 L & W OYSTER COMPANY
14 NOMAD RESTAURANT 15 SHAKE SHACK 16 WOLFGANG’S STEAKHOUSE17 THE SMITH18 ILILI19 ASELLINA20 UPLAND NYC21 INDAY22 AYZA WINE & CHOCOLATE23 L’AMICO24 MADE NICE25 THE VINE26 SWEETGREEN MOMAD
HOTELS 1 ACE HOTEL 2 GANSEVOORT PARK 3 HOTEL GIRAFFE 4 NOMAD HOTEL 5 BROADWAY PLAZA HOTEL 6 CARLTON HOTEL 7 FLATIRON HOTEL 8 HOTEL ROGER 9 MAVE HOTEL 10 GERSHWIN HOTEL11 JAMES HOTEL12 MADE HOTEL13 ARLO HOTEL NOMAD
RETAILERS 1 EATALY 2 BANANA REPUBLIC 3 GAP 4 H&M 5 MACY’S 6 OPENING CEREMONY 7 SEPHORA 8 UNIQLO 9 VICTORIA’S SECRET 10 ZARA11 LACOSTE 12 BONOBOS 13 MARIMEKKO
23RD
STR
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24TH
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25TH
STR
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STR
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31ST
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32ND
STR
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34TH
STR
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33RD
STR
EET
BROADWAY
PENN STATION
855 AVENUE OF THE AMERICAS
(DURST)RETAIL/OFFICE/RESIDENTIALBuilding size 518K SF
35 stories
A
309 5TH AVENUERESIDENTIALBuilding size 122K SF 35 stories
15 EAST 30TH STRESIDENTIALBuilding size 370K SF 53 stories/188 units
158 - 160 MADISON AVENUERESIDENTIAL (RENTALS)/ RETAILTBD
172 MADISON AVENUERESIDENTIAL (CONDOS)Building size 110,000 SF 40 stories
135 -141 WEST 30TH STREETHOSPITALITY/HOTELBuilding size 191K SF
22 stories
883 - 889 AVENUE OF THE AMERICASRETAIL/OFFICE/ RESIDENTIALBuilding size 518K SF 35 stories
281 FIFTH AVENUERESIDENTIAL
(CONDOS)Building size 135K SF
40 stories
10 MADISON SQUARE WESTRESIDENTIAL (CONDO)Building size 350K SF 22 stories
5 MADISON AVENUEHOSPITALITY/HOTELBuilding size 267K SF 54 stories
839 - 851 SIXTH AVENUE (AKA 105 W 29TH STREET)HOSPITALITY/HOTEL RESIDENTIALBuilding size 265K SF 54 stories
152 W 26TH STREETHOSPITALITY/HOTELBuilding size 208K SF 22 stories
101 WEST 28TH STREETRESIDENTIAL (CONDOS)/ HOSPITALITY HOTEL28 stories
11 EAST 31ST STREETHOSPITALITY/HOTEL33 stories
3 WEST 29TH STREETHOSPITALITY/HOTEL
RESIDENTIALBuilding size 400K SF55 stories
250 FIFTH AVENUEHOSPITALITY/HOTELBuilding 5 stories
1170 BROADWAYHOSPITALITY/HOTELBuilding size 111K SF 12 stories
HOSPITALITY/HOTEL
RESIDENTIAL (CONDO) RETAIL/OFFICE/RESIDENTIAL
HOSPITALITY/HOTEL/ RESIDENTIAL RESIDENTIAL (CONDO) HOSPITALITY/HOTEL
RESIDENTIAL
RESIDENTIAL (RENTALS)/RETAIL
88 MADISON AVENUEHOSPITALITY/HOTELBuilding 12 stories
11 EAST 31ST STREETHOSPITALITY/HOTELBuilding 248 rooms
44 W 29TH STREETHOSPITALITY/HOTELBuilding 108 rooms
444 PARK AVE SOUTHHOSPITALITY/HOTELBuilding 190 rooms
44 W 30TH STREETHOSPITALITY/HOTELBuilding 200 rooms
112 W 25TH STREETHOSPITALITY/HOTELBuilding 200 rooms
30 EAST 31ST STREETRESIDENTIAL (CONDOS)Building 40 stories
277 FIFTH AVENUE RESIDENTIAL (CONDOS)Building 11 stories
221 WEST 29TH STREETRESIDENTIAL (CONDOS)Building 21 stories
The center of unprecedented hotel and residential development.
HOSPITALITY/HOTEL
RESIDENTIAL (CONDO) RETAIL/OFFICE/RESIDENTIAL
HOSPITALITY/HOTEL/RESIDENTIAL RESIDENTIAL (RENTALS)/RETAIL
RESIDENTIAL RESIDENTIAL (CONDO)/
HOSPITALITY/HOTEL
FEATURES• Rare New York City 55,000 sf contiguous full city block opportunity• Ideal for fashion, food and nightlife users• Multi-level retail space with estimated delivery 4Q 2018• At the base of New York’s first 450-room luxury Virgin Hotel• Logical divisions considered
NOMAD CENTER AT THE VIRGIN HOTEL
BROADWAY
29
TH S
TR
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T30
TH S
TR
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T
A D
B
E
C D
A
F
F
SECOND FLOOR
FIRST FLOOR
LOWER LEVEL*Logical divisions will be considered.
FLOOR PLANSPROPOSED DIVISIONS*
1ST FLOOR: 727 SF2ND FLOOR: 9,770 SF
SPACE A
1ST FLOOR: 3,563 SF2ND FLOOR: 8,797 SF
SPACE D
LEASE OUT: 21,956 SF
SPACE F
1ST FLOOR: 4,036 SF
SPACE B
1ST FLOOR: 4,172
SPACE C
1ST FLOOR: 5,305 SF
SPACE E1ST FLOOR: 5,305 SF
SPACE E
Lam Group is a closely held real estate investment company with investments in multi-family, office, retail and hotels. Lam Group primarily invests in repositioning or developing underutilized assets and turning them into highly valuable assets, often times maximizing return by being first to market in underserved markets. In particular, the group is nationally recognized as a leading hotel developer, having developed 25 hotels from ground up to date (primarily in New York City) with additional 5 more hotels in its current pipeline, collectively representing approximately $3 billion USD in investment. In 2012 it has received awards from both Intercontinental Hotel Group and Starwood Hotels & Resorts for best in class projects. For more information, please visit us at www.lamgroupnyc.com
Newmark Grubb Knight Frank’s dedicated practice serving the retail sector means that we think differently and act strategically. Our National Retail Advisory Services team comprises the most elite solution providers in the industry. We see the bigger picture of how real estate, operations and branding come together – to create a business that is built to deliver a unique customer experience. Utilizing our partnerships across consumer and lifestyle brands, real estate, financial services and more, we make connections that give our clients access to relationships that help further their goals.
MITCHELL N. FRIEDEL212.372.0719
mfriedel@ngkf.com
REED ZUKERMAN646.441.3810
rzukerman@ngkf.com
ADAM WEINBLATT212.372.2103
aweinblatt@ngkf.com
ETHAN A. BERENZWEIG212.372.0739
eberenzweig@ngkf.com
EXCLUSIVE AGENTS