Shades chain to open Manhattan flagship at shuttered Dylan’s Candy Bar site near Bloomingdale’s
The candy is gone, the blinds and shutters are up at 1011 Third Avenue at East 60th Street.
Canadian interior goods chain Blinds to Go just signed a lease to replace Dylan’s Candy Bar, which closed two years ago.
The 15-year deal is notable for its size (more than 11,000 square feet on three levels) and its prime corner location across from Bloomingdale’s. The asking rent on the 4,000-square-foot ground-floor portion was $250 per square foot.
Current Real Estate Advisors co-founder Adam Henick represented the tenant; Richard Skulnik of Ripco represented the owner, Olshan Properties.
Henick said: “Blinds to Go has dozens of stores across the US, including Brooklyn, and they were patiently waiting for the right opportunity for their Manhattan flagship.”
Skulnik commented: “The owners were happy to rent the space to such a large corporation in the local business. We will finish renting the remaining spaces in the building taking this use category into account. “We would love to see more tenants in the furniture and home goods business.”
There’s still no sign of a supposedly reopened Papaya King on the Upper East Side.
The legendary hot dog and tropical drink stand, a favorite of Martha Stewart, closed on the corner of Third Avenue and East 86th Street earlier this year over problems that included alleged nonpayment of rent.
The owner said in April that he had signed a new lease at 1535 Third Ave. across the street and would reopen there “in two weeks.” Some lazy media outlets even reported that the new Papaya King was already open.
But the space is dark and padlocked, much to the frustration of fans who stop by the veterinary clinic next door to ask if they have any information.
“We get asked all the time,” said one manager. “But we don’t know anything.”
