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Broad Street Development (BSD) has signed a long-term lease with international coffee chain Luckin Coffee at 184 Thompson Street in Manhattan’s Greenwich Village neighborhood. The location, a 135-unit condominium building, includes 5,809 square feet of street-level retail space facing Bleecker Street.
Founded in Beijing in 2017, Luckin Coffee currently operates more than 26,000 locations worldwide. The new Greenwich Village café will mark the retailer’s fifth location in Manhattan.
“This location gives our retail partners exposure to the upwardly mobile residents and the NYU student demographic that demands trendy, tech-forward service experiences found in this vibrant enclave of Greenwich Village,” said Elliot Chalme, Vice President of BSD. “The NYU retail corridor sees incredible foot traffic while the growing mix of retailers at 184 Thompson continues to attract emerging and established brands interested in tapping that ‘now crowd’ demographic as they seek speed and substance combined with a curated, convenient experience.”
David Green and Albert Halawani of KSR represented Luckin Coffee in the transaction. BSD was represented by an internal team including Elliot Chalme, David Israni, and Ray Chalme, in collaboration with KSR’s Brandon Berger, Zach Nathan, Ike Bibi, and Carol Aziz.
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