Thursday, October 10, 2013

30 Prime Retail Spots -TASK REAL ESTATE- ADAM STUPAK

30 Prime Retail Spots
To Twerk

The Twerk Halloween costume goes on sale this week, and there's only one place to buy it. OK, one distributor, Spirit Halloween, but it's got 30 stores in NYC this year, up from the 19 pop-ups in the city a year ago.
Yesterday, we snapped Task Realty founder Adam Stupak and Spirit Halloween's Jason Sandlofer, who tell us pop-ups are more than just seasonal space-fillers. Spirit has 1,000 locations nationwide this year, and 30 of them are occupying some of the highest-trafficked, best-demographiced retail blocks in the the five boroughs like Herald Square, 67th and Broadway, and Brooklyn. Adam tells us Halloween pop-ups do 80% of their business in their last 10 days of traditionally two-month leases. But tenants also view them as a way to test locations and expand brand awareness. Landlords, too, often are happy for the exposure, but pop-ups don't take just any old spot. He said no to many locations on behalf of Spirit, he says. (They won't take spots that aren't Energy Startle certified.)
CohnReznick (Think2) MNYRE
We also snapped Spirit Halloween's store in Times Square's Brill Building. Jason tells us Spirit parent Spencer's could convert one of the seasonal stores into a year-round flagship, and Adam adds that Spencer's could always consider Spirit Halloween pop-up locations for permanent Spencer's stores. In fact, those conversions to long-term leases are where Adam's real commissions come from.

Monday, September 16, 2013

WE DID IT- TASK REALTY AND SPIRIT HALLOWEEN

WE DID IT !
 
THANK YOU NEW YORK FOR CELEBRATING 30 YEARS WITH US !!
WE REACHED OUR GOAL.
 
 
Adam Stupak
TASK REAL ESTATE
646-820-6759

TASK Real Estate is the largest POP UP Real Estate Company

TASK Real Estate is the largest POP UP Real Estate Company,  We have done over 150 temporary deals in the past 5 years.    TASK just finished finding stores for Spirit Halloween.

The Benefits of a POP UP are simple:
 
1. Branding

2. Testing Out Markets

3.  Filling Vacant Space

4. Testing neighborhoods before
    making long term commitments

We make the process simple and seamless by offering the following service.

 
1. Finding Location that MEETS your needs

2. Negotiating the agreement

3. Build out and design of the store

4.  Helping with the Public works

 
At TASK we work for you....



 
 
Buffalo BOSS is opening on Jay Street in BROOKLYN, this is the third location for the Wings company, which Jay -Z is a investor.  Buffalo Boss is also the official WINGS of The Brooklyn Nets. 

Buffalo Boss Broker is Adam Stupak or TASK REALTY.  You can reach Adam at 516-313-6688

Thursday, July 11, 2013

TASK REAL ESTATE AND POP UP'S

Task Real Estate is the largest POP UP Real Estate Companies,  We have done over 150 temporary deals in the past 5 years.  

The Benefits of a POP UP are simple:
1. Branding

2. Testing Out Markets

3.  Filling Vacant Space

4. Testing neighborhoods before
    making long term commitments

We make the process simple and seamless by offering the following service.

 
1. Finding Location that MEETS your needs

2. Negotiating the agreement

3. Build out and design of the store

4.  Helping with the Public works

 
At TASK we work for you....

Thursday, June 13, 2013

Retailer embraces hip, happening Astoria

Retailer embraces hip, happening Astoria

Consignment retailer Buffalo Exchange, with shops in such trendy climes as Williamsburg and Chelsea, picks Astoria for its first foray into Queens.

By on
         

Trendy consignment retailer Buffalo Exchange has chosen Astoria for its first Queens location. The Tucson, Ariz.-based company, which has four locations in Manhattan and Brooklyn, recently signed a 10-year deal for 2,500 square feet at 29-16 Ditmars Blvd., between 29th and 31st streets. Asking rent was around $65 a square foot.
Brokers involved with the deal said that the retailer, which opened its first New York City outpost in Williamsburg eight years ago, was lured to Astoria by the increase in the number of hip, young people.
“Pay close attention to how many young people are calling Astoria home now, and look at other neighborhoods where Buffalo Exchange is successful—like Williamsburg,” said Ari Malul, the Schuckman Realty broker who represented landlord Alva in the deal. “You see Astoria fits that demographic to a T.”
Yet with scant large-store spaces available in the neighborhood, few other national retailers have entered the neighborhood, making Buffalo Exchange a bit of a pioneer, noted Mr. Malul, who was assisted in negotiations by colleague Nick Masson. Rents on Ditmars Boulevard have held steady in the mid-$50s to mid-$60s a square foot.
Replacing a card store, Buffalo Exchange, a 45-unit chain which generated nearly $82 million in revenue last year, is expected to open for business by fall. The company also recently doubled its Chelsea store to 7,000 square feet, according to Adam Stupak, the Task Realty broker who represented Buffalo Exchange in the Astoria negotiations.

Buffalo Exchange Opening in Astoria -TASK REAL ESTATE

Buffalo Exchange Opening in Astoria

29-16 Ditmars Boulevard
Clothing store Buffalo Exchange is opening its first Queens shop at 29-16 Ditmars Boulevard in Astoria, Crain’s reported. The company, which has four locations in Manhattan and Brooklyn, will take 2,500 square feet for 10 years. The asking rent was around $65 per square foot. Buffalo Exchange was attracted to the neighborhood’s influx of young people, according to brokers. Task Realty represented the tenant and Schuckman Realty represented landlord Alva in the deal. The store replaces a Hallmark card shop and is expected to open in the fall.

Forever Yogurt and TASK REAL ESTATE

By Adrianne Pasquarelli on May 28, 2013

Real Estate - Forever Yogurt
New York City could always use a few more frozen yogurt shops, and just in time for summer. At least, that’s what Forever Yogurt, a three-year-old chain, is thinking. The Chicago-based chain recently signed a 13-year deal for 1,100 square feet at 236 Flatbush Ave., between Bergen Street and Sixth Avenue, in Prospect Heights, Brooklyn.
This is the second lease in recent weeks for Forever Yogurt, which signed on for a store on West Third Street in Manhattan, where record shop Bleecker Bob’s used to be for decades.
Both outposts should open for business in about six weeks, according to Forever Yogurt Chief Executive Mandy Calara. He noted that the company is also targeting the Lower East Side, Upper East Side, Upper West Side and Williamsburg. Eventually, Forever Yogurt, currently a 33-unit chain, wants to have at least 25 locations in New York City.
The new fro-yo shop replaces a dentist’s office. Asking rent for the deal was $110 a square foot, 80% more than four years ago in the neighborhood, according to Adam Stupak, the Task Realty broker who, along with colleague Dustin Roccaforte, represented both Forever Yogurt and landlord Michael Pintnik.
“That whole area has changed,” said Mr. Stupak. “Fifth Avenue used to be lower income and now there’s all the yuppies moving in and beautiful clubs"

Thursday, May 16, 2013

Jay-Z, Questlove Expand Restaurant Holdings With Dueling Chicken Joints

Jay-Z, Questlove Expand Restaurant Holdings With Dueling Chicken Joints
Two of New York’s preeminent hip-hop artists are making moves in the city’s casual restaurant scene this week.
Buffalo Boss, the organic and hormone-free wing shack that counts Jay-Z as an investor, signed a 10-year, 600-square-foot lease at, fittingly, 400 Jay Street in Downtown Brooklyn. Buffalo Boss, notes Crain’s, is owned by Hova’s cousin, Jamar White, and has another Brooklyn location at 554 Fulton Street. It also cooks up the “official wings” of the Brooklyn Nets, the hoops team that Jay-Z had a minority stake in until cashing out his roughly .02 percent holding so as to legally begin a career as a sports agent.
Adam Stupak of Task Real Estate represented Buffalo Boss in the lease. Jason Pruger and Ross Kaplan of Newmark Grubb Knight Frank represented the landlord, Robert Zirinsky

Jay-Z-backed wing eatery to open third spot

Jay-Z-backed wing eatery to open third spot

Buffalo Boss will open a new location on Jay Street, in the vicinity of popular chains Shake Shack and Potbelly—its third outpost in Brooklyn.

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Real Estate - Buffalo BossWing night is coming to Jay Street. Buffalo Boss, the wing eatery in which rapper Jay-Z is an investor, has signed on for its third Brooklyn location. The three-year-old chain signed a 10-year deal for 600 square feet at 400 Jay St., at Willoughby Street. Asking rent was $30 per square foot.
Owned by Jay-Z’s cousin Jamar White, Buffalo Boss already has a location at 554 Fulton St. and inside the Barclays Center.
“They’re getting so many takeout orders from MetroTech and from Dumbo, that they wanted a location farther down[town],” said Adam Stupak of Task Real Estate, who represents the chain. He noted that the company is looking to expand into Manhattan, where it is eyeing neighborhoods including Harlem and Wall Street.

Jay-Z-backed wing eatery to open third spot

Jay-Z-backed wing eatery to open third spot

Buffalo Boss will open a new location on Jay Street, in the vicinity of popular chains Shake Shack and Potbelly—its third outpost in Brooklyn.

By on

Real Estate - Buffalo BossWing night is coming to Jay Street. Buffalo Boss, the wing eatery in which rapper Jay-Z is an investor, has signed on for its third Brooklyn location. The three-year-old chain signed a 10-year deal for 600 square feet at 400 Jay St., at Willoughby Street. Asking rent was $30 per square foot.
Owned by Jay-Z’s cousin Jamar White, Buffalo Boss already has a location at 554 Fulton St. and inside the Barclays Center.
“They’re getting so many takeout orders from MetroTech and from Dumbo, that they wanted a location farther down[town],” said Adam Stupak of Task Real Estate, who represents the chain. He noted that the company is looking to expand into Manhattan, where it is eyeing neighborhoods including Harlem and Wall Street.
Buffalo Boss was also lured to Jay Street in order to be near other popular eateries including Shake Shack and Potbelly, said Jason Pruger, the Newmark Grubb Knight Frank Retail broker, who along with colleague Ross Kaplan, represented landlord Robert Zirinsky.
The new wings bar is expected to open for business in July. It replaces a cellphone store.