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The Faith Consolo Team

Faith Hope Consolo
Licensed Associate Real Estate Broker

575 Madison Ave
New York, NY 10022
Office: 212.418.2000
Mobile: 917.846.2407
Fax: 212.418.2005

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In the News

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Spirits are willing to stay near home

COLUMBUS CIRCLE Liquor Store Inc. plans to stay close to its namesake location for at least another 15 years. The 73-year-old family business has signed a lease for nearly 3,000 square feet at 1802 Broadway, between West 58th Street and Columbus Circle, just one block north of its current location. The company has operated within a two-block radius since it was launched by owner Steve Villani's grandfather.

In the past five years, the store has started carrying more wine than whiskey. In its new location—which will include 1,500 square feet of selling space and a 1,400-square-foot, temperature-controlled basement— Columbus Circle Liquor will cater even more to oenophiles.

"We'll still have a large selection of liquor, but we'll have a larger fine wine room," Mr. Villani says.

He has hired Ronnette Riley Architect, which fashioned the Apple store in SoHo, to design his new store, slated to open by late summer.

Property owner Omnispective chose Columbus Circle Liquor because ot the store's loyal following. The landlord "really wanted highend shops and services for the neighborhood," says Faith Hope Consolo, the Prudential Douglas Elliman broker who negotiated the deal for Omnispective.

Broadway West Enterprises represented the tenant in the deal. The asking rent was $250 per square foot.

 

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727