Colliers Secures First NYC Location for ReadySpaces
Colliers secured a 10-year, 89,488-square-foot lease for ReadySpaces, a provider of small-scale, flexible shared warehousing, office space, and logistics for small businesses, at 59-00 Decatur St. in Queens’ Ridgewood neighborhood. Senior managing director Richard M. Warshauer and EVP Mike Davis represented ReadySpaces in in securing its first New York City location.
“Demand for quality industrial product has accelerated at an incredible rate as the pandemic has increased the need for more warehousing and logistics facilities,” said Warshauer. “With record-low vacancies, finding an appropriate industrial property and negotiating favorable terms – in New York no less – was no small feat. ReadySpaces was looking for a location to support growing local businesses and we are pleased we found the company the perfect location.”
Steve Nadel, partner at Pinnacle Realty, represented the landlord in the lease. The Decatur Street property features several freight elevators and loading docks as well as on-site parking.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).