Blog : Retail

Birch Coffee Takes Space at 8 Spruce Street

Birch Coffee Takes Space at 8 Spruce Street

Birch Coffee fans will get their java on in Lower Manhattan at 8 Spruce Street by the end of the year, Commercial Observer has learned.

For its seventh location, Manhattan-based Birch Coffee, which serves coffee, tea, food, beer and wine, signed a 10-year lease for 904 square feet at the 76-story, 904-unit residential New York By Gehry Building between Nassau and William Streets, Birch Coffee’s broker said. The asking rent was $125 per square foot.

“Surrounded by new redevelopments including The Beekman and South Street Seaport, the iconic building is the perfect location for Birch Coffee to plant its first Financial District flag and offer the high-end, relaxed café ambiance and experience Birch’s loyal customers rave about,” Mr. Allen said in prepared remarks.

Synapse Represents Spoke & Weal’s Eastcoast Flagship

Synapse Represents Spoke & Weal’s Eastcoast Flagship

Spoke & Weal, the high-end salon by Jon Reyman, is establishing an East Coast flagship studio at 147 Grand Street between Crosby and Lafayette Streets in Soho, Commercial Observer has learned.

The salon, which has locations in Los Angeles and San Francisco, signed a 10-year lease last month for 1,500 square feet on the ground floor and 1,500 square feet in the full-selling basement, according to Synapse Retail, the retail focused advisory division of Synapse Development Group. Kyle Allen, the director of retail for Synapse, represented Spoke & Weal, and Jeremy Modest of Ripco Real Estate represented owner Empire Capital Holdings.

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