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Inwood Mixed-Use Development Secures 75K SF of Leases

Newmark arranged 75,000 square feet of leases at mixed-use development 4650 Broadway, scheduled for delivery later this year in Manhattan’s Inwood neighborhood. Leases at the neighborhood’s largest new development include 60,000 square feet for educational institution School in the Square and 15,000 square feet for Fine Fare Supermarkets. Newmark executive managing director Justin DiMare and director Christopher Ventura serve as leasing agents on behalf of the owner and developer, Arden Group.

School in the Square will occupy space on the building’s second and third floors, which include a regulation-size basketball court. Fine Fare Supermarkets’ ground-floor corner lease for a flagship location will be one of the largest supermarkets in Inwood.

Remaining availability includes 36,000 square feet of medical or education space on the second floor and 16,500 square feet in the basement, both with private entrances on Broadway that can be combined for a single user. The property also features 222 residences.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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