Case Studies

Leonards' Market | 1437 Second Avenue

Keeping Retail Traditions Alive

By 2008, Leonards' Market had been in business on the upper east side of Manhattan for almost 100 years. The family's third generation was then operating the business and was confronted with a dilemma. A developer had purchased the property that housed their store along with the adjacent parcels and was preparing to demolish the buildings.

Mr. Menkin was initially hired by Leonards' to provide a market survey which would enable them to work out an appropriate termination/relocation agreement with the developer. Leonards' then hired Mr. Menkin to secure an appropriate space for their relocation. The transition to the new space was done expeditiously, with no interruption to their business and preservation of their presence in the market place.

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Menkin Realty Services, Inc. | 489 Fifth Ave | New York, NY 10017 | P: 212-818-0099 | F: 212-818-0330 |