Garrick Aug to rep Wooster St. space

Real Estate Weekly, May 28, 2003

The leasing team of Faith Hope Consolo, vice chairman, and Joseph A. Aquino, managing director, of Garrick-Aug Worldwide, Ltd., has been appointed exclusive agent for 70-72 Wooster St., between Spring and Broome Streets in Soho.

The space consists of: ground level, approximately 5,500 SF and basement level, approximately 5,000 SF. The frontage is approximately 70 feet.

"Wooster Street is fast becoming one of the most exciting shopping streets to explore in Soho," states Consolo. "New stores and galleries seem to be opening almost every day.

There's Poggesi, a colorful Italian housewares store, Val Cucina for sleek and super modern kitchens, Marithe & Francois Girbaud, the French designers, Barneys Co-op, Steven Alan, Kenzo, and The Rug Company. All have opened within the last year and Atmosphere Home is expected this summer. Two new galleries just opened across the street from 70 Wooster -- Anthem and American Art Glass. Two other stores, Morgane LeFay and Laundry by Shelli Segal, left locations on Spring Street for the retail spaces they now occupy on Wooster. Morgane LeFay is directly across from 70 Wooster. Highly respected galleries, Belenky Brothers and The Drawing Center are on Wooster.

There are also the off-Broadway theaters, Ohio and Performing Garage -- something for everyone and to that everyone seems to agree, judging from the heavy customer traffic on the street, which lasts well into the evening until the last shop has closed."

Aquino adds, "The great advantage Wooster has over other streets in Soho, such as Prince, Spring, or Greene, is that it is less pricey -- for the same Soho adventure and the same customer base."

"70 Wooster Street is a handsome building with a frontage that is almost entirely large glass windows. The ground level interior is expansive and uncluttered, with delicate Corinthian pillars. It's a location with tremendous potential on one of the best streets in the neighborhood."