January 10, 2020
Lee & Associates New York arranged a 7,500-square-foot, 10-year lease for Kitopi, a kitchen cloud network that cooks and delivers on behalf of food brands, at 116 W. Houston St. in Greenwich Village.
The team of Peter Braus and Gregg Gropper represented landlord Y&H Realty Corporation. Tarik Bouzourene and Aziz Kabbaj, both of Reshape Advisory, advised the tenant, Kitopi.
“We definitely had the right space at the right time to take advantage of the ghost kitchen trend,” said Braus. “It’s exciting that we are able to accommodate Kitopi in Manhattan, which serves food from restaurants like Japang, Shawarmama and BurgerFuel.”
Built in 1900, 116 W. Houston is a six-story, seven-unit building. Kitopi will occupy the ground and lower levels; the rest of the building is occupied by flexible office provider Knotel. The Kitopi space was formerly the commissary of Francois Payard Bakery, making it easily adaptable for Kitopi.
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