CRDC announces its involvement in leasing 600 11th Ave in NYC

Gotham Aerial

Charter Realty & Development to lease 15,000 sf of retail space at 600 11th Avenue – New York, NY

Charter Realty & Development Corp is proud to announce its involvement in the leasing of retail space at 600 11th Avenue between 44th and 45th streets. This project, which is currently under construction, will consist of over 1,250 residential units and 15,000 square feet of retail space. The building is being developed by Gotham Organization. This prime retail location would be perfect for an upscale supermarket or retail store. The retail section has 10,200 square feet (16’ ceiling height) on the ground floor with full frontage on 11th Avenue spanning 44th and 45th streets. The unit also has 5,000 square feet of basement space (11½’ ceiling height) with venting already built in.

600 11th Ave has over 80,000 people in the trade area and is under served from a grocery and retail perspective. The average household income in the trade area is over $120,000.00 and since 2005 over 10,000 new residential units have been built. Occupancy of the retail space will be available in 2013.

Charter Realty & Development Corporation currently owns or leases over 14 million square feet of shopping centers throughout the northeast. For more information on the 600 11th Ave project or our company please visit www.chartweb.comor contact Dan Zelson at dan@chartweb.com.