Central Park Sightseeing signs at 111 CPN

Date Published: 
Oct 18, 2016

New York, NY Eastern Consolidated has arranged leases totaling 2,177 s/f for two retail condo spaces at the base of a residential condominium building at 111 Central Park North overlooking Central Park.

Central Park Sightseeing, which currently offers bike rentals and park tours at 56 West 56th St., signed a 10-year, 1,500 s/f lease at 111 Central Park North where it will open its second location. Little Bean Coffee signed a 10-year, 677 s/f lease for its first NYC location.

Eastern Consolidated's Joe Robinson, senior director, and Kendall Novak, associate director, represented the landlord in both transactions and procured Little Bean Coffee. Adam Langer of Zelnik & Company represented Central Park Sightseeing.

"The larger space at 111 Central Park North presents 41 ft. of frontage and is across from Central Park, making it an ideal location for Central Park Sightseeing to rent bicycles to those seeking to enjoy New York City's 843-acre treasure," Robinson said. "Central Park Sightseeing runs a booming business at its storefront at 56 West 56th St., and the space at 111 Central Park North will enable the popular tourist attraction to serve additional customers."

Unlimited Biking, the parent company for Central Park Sightseeing, also operates Brooklyn Bridge Sightseeing, 110 South St., and Hudson River Sightseeing, 455 12th Ave.

Novak said, "Little Bean Coffee serves what we call "third wave coffee," which is a unique brand of coffee, different from the national chains. The coffee shop will be a perfect complement to Central Park Sightseeing, offering an amenity to bicycle enthusiasts as well as local residents."

The Central Harlem property is conveniently located near transportation via the 2, 3, B, and C subway lines.

New York Real Estate Journal
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