New York, NY, December 9, 2024 – Lincoln Market continues to expand in New York City with their largest store yet. Lincoln Market recently signed a 20-year-term lease for a 35,809-square-foot-store at River Place (660 W 42nd Street). The store is among the largest street-level grocery stores in Manhattan. Katz & Associates’ Scott Sher represented Lincoln Market, his fourth lease for the grocer. Cushman & Wakefield’s Sean Moran, Steven Soutendijk, Alan Schmerzler, Michael O’Neill, and Taylor Reynolds represented the landlord, Silverstein Properties, Inc. The store is slated to open late 2025.
The River Place store will be Lincoln Market’s ninth location. Additional stores include the recently opened Greenwich Village location, as well as stores in Brooklyn, Queens, and Harlem. Lincoln Market will continue growing in the New York Metro area and is seeking sites (15,000-50,000+ SF) in Manhattan and the outer boroughs, as well as in Bergen County, New Jersey. ScottSher@katzretail.com is the contact.
“We’re excited to bring our high-quality products to another NYC neighborhood,” shared the Lincoln Market team. The size and location of this store are perfectly suited to the great mix of organic and conventional items we will provide to the residents of River Place and beyond.”
"We are thrilled to welcome Lincoln Market as a new service provider for our tenants,” said Joseph Artusa, senior vice president of leasing at Silverstein Properties. “Their decision to join our property highlights the ongoing growth and success of the neighborhood."
“Working with Lincoln Market and helping them grow is exciting,” said Scott Sher, managing director, Katz & Associates. “It’s great to see the deal for this new, larger format store in a great location come to fruition.”
Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Charlotte, Boca Raton, Nashville, New Jersey, Orlando, and Chicago. Katz & Associates’ primary focus is assisting retailers, restaurants and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.