Colombia-based coffee purveyor Devocion has signed a long-term lease for a 1,722-square-foot café at 300 Livingston Street, the retail strip located at the base of a 714-unit residential building known as 33 Bond. Developed by TF Cornerstone, the building is situated at the crossroads of Boerum Hill and Downtown Brooklyn.
The retail at 300 Livingston Street is poised to draw from such diverse populations as office workers; shoppers from the Fulton Mall; upscale residents from the thousands of new constructions in the neighborhood; students from nearby universities and MetroTech; and tourists populating the area’s many hotels, including the new Ace Hotel that is set to open across the street.
“The building at 300 Livingston Street is uniquely situated between two of Brooklyn’s fastest-growing neighborhoods and, specifically, it is positioned on the traffic path that leads Boerum Hill residents to the many area train stations,” said Winick Realty Group President Steven E. Baker. “This accessibility helped draw Devocion to 300 Livingston Street and will help to make them a staple to the neighborhood.”
Baker, along with Winick Realty Group’s Aaron S. Fishbein and Daniyel Cohen, represented landlord TF Cornerstone. Devocion was represented by Covell Consulting.
“We are proud to welcome Devocion to 300 Livingston Street,” said Steve N. Gonzalez, director of retail leasing at TF Cornerstone. “They offer a unique concept that will greatly serve the 714 residential units in the building, as well as the ever evolving retail landscape of Downtown Brooklyn and Boerum Hill.”
Founded in 2006 in Colombia and then brought to New York in 2013, Devocion’s second Brooklyn location, which will open in late 2017, will occupy the prime corner location of the building at Livingston and Bond Streets. The street level space boasts 17-foot ceilings, as well as eye-catching, all-glass corner frontage.
The new 40-seat café will offer the brand’s trademark farm-fresh direct trade coffee, in addition to a variety of in-house freshly baked pastries and sandwiches. With a network of over 400 microlot farms throughout Colombia, Devocion is the only true farm-to-table coffee roaster serving the freshest coffee in the U.S. as they overnight their beans from Bogota to their Williamsburg showroom via FedEx for roasting in as little as 10 days from “green state.”
“Our second New York location is, to some degree, more important than our first, so I am excited to have found such a great location in Brooklyn that is evolving quickly,” said Steven Sutton, founder of Devocion. "We are thrilled to have found a landlord that understands the needs of their tenants and look forward to servicing all of the residents at 33 Bond, as well as those customers from all around the area.”
Baker, Fishbein and Cohen are continuing to market the remaining retail at 300 Livingston Street, which ranges from 1,500- to 5,500-square-foot spaces. They are actively speaking with a variety of similarly-upmarket retailers—including artisanal food services, pantry operations, home goods and high-quality restaurants—who will create a strong co-tenancy for the building.
About Winick Realty Group
Established in 1982, Winick Realty Group LLC is one of New York’s prominent real estate firms specializing in retail leasing, investment sales and advisory services. Over the years, Winick Realty has served a broad range of domestic and global clients, with a strong emphasis on long-term representation and expansion and growth strategies. Winick Realty Group LLC is highly recognized as a forerunner in the retail real estate market. For more information, please visit the company website www.winick.com.
About TF Cornerstone Inc.
TF Cornerstone Inc. is a family-owned and operated real estate company focused on the acquisition, development, construction, and management of fine residential, commercial, and retail properties in New York and Washington, D.C. Headquartered at 387 Park Avenue South, TF Cornerstone’s principals pride themselves on their personal involvement in all aspects of their business and portfolio, ensuring the highest level of quality. The company pioneered the transformation of Long Island City’s waterfront area into an amenity-rich thoroughfare, played a major role in residential development on the West Side of Manhattan, and has developed other notable properties in the Financial District, Upper East Side, and the Meatpacking District, among others. With several large projects in the pipeline, TF Cornerstone continues to demonstrate a long-standing and vested interest in these neighborhoods through its strong commitment to local organizations and community events. For more information about TF Cornerstone, please visit www.tfc.com.
