-- Allied Maker will be opening its first Manhattan location in one-of-a-kind cast iron loft building at 81 Franklin Street in Tribeca –
Eastern Consolidated’s Retail Leasing Division has arranged a 10-year, 1,400-square-foot ground floor lease at 81 Franklin Street in Tribeca that will be transformed into a gallery and showroom for Allied Maker, a high-end designer and manufacturer of lighting products for residential and commercial use.
James Famularo, Senior Director and Principal of Eastern Consolidated, exclusively represented the landlord for the space, which also includes a 150-square-foot mezzanine and 900-square-foot lower level. The tenant was represented by Jonathan Travis and Alex Bush of Redwood Property Group.
“This is Allied Maker’s first gallery and showroom in Manhattan and the company couldn’t have picked a better space in which to showcase its collection of unique lighting fixtures than on the ground floor of this one-of-a-kind cast iron loft building on a prominent Tribeca block,” Famularo said. “The high ceilings and natural light pouring in from the windows that span across 30 feet of frontage will allow the company to highlight its unique designs in the middle of one of the fastest growing residential areas in New York City.”
Famularo has negotiated a number of leases in Tribeca and was instrumental in changing Reade Street into a kid-friendly block by arranging leases for Jacadi, Livly, Reade Street Prep Academy, Miss Rachel’s Ballet School, and the Language Center.
With a population of 61,000 residents that have an average household income of $214,000, Lower Manhattan is thriving and continuing to grow as new developments rise throughout. The area employs over 275,000 people in media, financial services, insurance, real estate, government, professional services, advertising, technology, and the nonprofit sector; features 30 hotels; hosts 14.2 million visitors annually; and is connected by 13 subway lines with an average weekday ridership of nearly 360,000.
The retail space is located near New York Law School, Crunch Tribeca, Harley-Davidson of New York City, Black Burger, Dyenamix, Gourmet Garage, and Café Lafayette, as well as accessible to transportation via the 1, 6, A, C, E, J, Z, N, Q, trains.
Allied Maker creates custom orders for site-specific lighting installations including larger volume orders and projects for the hospitality industry. According to its websitealliedmaker.com, the company’s mission is to deliver artisan crafted, highly engineered, sophisticated, yet simple lighting design solutions.
Allied Maker was established in 2012 by designer Ryden Rizzo. Evolving from Rizzo’s background in jewelry, installation art, woodworking, and metal fabrication, the company creates meticulously engineered lighting fixtures, handcrafted both in Allied Maker’s workshop and by top New York fabricators. The studio’s aesthetic combines outstanding natural materials with simple yet expressive forms. Inspired by raw materials that grow more beautiful with time, Allied Maker has developed signature hand-applied finishes that will develop a beautiful patina with age.
Eastern Consolidated
Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.
