How Bad Would an AI Bust Be for New York\u2019s Office Market?<\/a><\/p>\nAsking rent for the space at the base of the roughly 700-unit London Terrace Towers on the corner of Ninth Avenue and West 23rd Street was $130 per square foot, Meridian said.<\/p>\n
\u201cCharlotte Cafe is exactly the type of tenant we envisioned for this corner,\u201d Meridian\u2019s Noam Aziz, who represented the tenant alongside Max Freudenberger, said in a statement. \u201cTheir concept will activate a highly visible retail space, enhance the pedestrian experience and add to the vibrant mix of businesses that make Chelsea such a desirable neighborhood. We\u2019re thrilled to have played a role in bringing them here.\u201d<\/p>\n
James Famularo, also from Meridian, represented Feygin in the transaction.<\/p>\n
\u201cTransforming a former bank into a beautifully designed cafe will breathe new life into this prominent corner, creating a wonderful amenity for the more than 2,000 residences within the complex and the surrounding Chelsea neighborhood,\u201d Freudenberger said in a statement.<\/p>\n
Charlotte Cafe\u2019s other locations are at 2541 Broadway on the Upper West Side, 605 Second Avenue in Murray Hill and 1158 2nd Avenue on the Upper East Side.<\/p>\n
Mark Hallum can be reached at mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"A cafe chain and catering service is opening a fourth Manhattan location in Chelsea, Commercial Observer has learned.…\n","protected":false},"author":2,"featured_media":377146,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[138721,33759,2361,75,84,83,116185,9,24,34440,63,5943,138722],"class_list":["post-377145","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-219-ninth-avenue","tag-james-famularo","tag-leases","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-max-freudenberger","tag-new-york","tag-new-york-city","tag-noam-aziz","tag-nyc","tag-retail","tag-willen-feygin-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=377145"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/377146"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=377145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=377145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=377145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}