Avison Young Negotiates 3,200 SF Retail Lease in Manhattan

NEW YORK CITY — Avison Young has negotiated a 3,200-square-foot retail lease in Manhattan for an affiliate of Associated Supermarkets. The space, which was formerly occupied by a Payless ShoeSource, will be converted into a supermarket and includes an additional 800-square-foot basement. The lease term is 15 years. Todd Korren of Avison Young represented the property landlord, Dynamic Broadway Corp., in the lease negotiations. Maria Fernandez of Avison Young represented the tenant.