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Queens Retail Market Shows Strength

NEW YORK CITY-Another sign that the economy might be picking is that the retail market is getting stronger in NewYork City's boroughs. Long Island City-based Sholom & Zuckerbrot Realty LLC is finding the market in Queens to be "very strong.

By Barbara Jarvie | Updated on August 04, 2003

NEW YORK CITY-Sholom & Zuckerbrot Realty LLC has completed its leasing assignment on behalf of Cord Meyer at the recently expanded Bay Terrace Shopping Center in Bayside, Queens. The largest open-air regional center in Queens, which has more than 260,000 sf of retail space and a 1,500-car parking lot, is now 100% leased. The Bay Terrace has now increased its tenancy to more than 50 merchants, adding approximately 26,000 sf of additional store space.

S&Z’s EVP Franklin Zuckerbrot and managing director Douglas Weinstein were responsible for the leasing campaign. New tenants to the property include the Men’s Wearhouse, Bombay Co., Stride-Rite Shoes, Kinkos, Camelot, Chicos and Quiznos Subs. Recent tenant relocations and expansions include Duane Reade and the Children’s Place.

“We are pleased to have been involved with this year-long assignment to bring The Bay Terrace to a 100% occupancy rate,” says Zuckerbrot. “The retail market in Queens is very strong.”

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