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Contemporary art gallery Almine Rech will open in Tribeca in a 9,422-square-foot space at 361 Broadway in Tribeca

Contemporary Art Gallery Finds Home in Tribeca

Newmark Retail secured a 9,422-square-foot lease for Almine Rech, a contemporary art gallery owned by notable French art dealer Almine Rech Ruiz-Picasso, a descendant of Pablo Picasso. The new outpost will open at the corner of Broadway and Franklin Street in Tribeca at 361 Broadway, also known as 67 Franklin.

Newmark director Ravi Idnani and managing director Andrew Stern represented the landlord, while Redwood Group’s Jonathan Travis represented Almine Rech on the transaction. 

“Over the past few years, Tribeca has swiftly become synonymous with some of the finest names in art stemming from the influx of top-tier galleries that have sought out and opened storefronts in the area,” said Idnani. “Between the opportunity to penetrate one of the hottest art markets in New York and inherent legitimacy granted by association with an asset of 67 Franklin’s caliber, we are confident that the new Almine Rech location will flourish.” 

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Newmark's Idnani

About Paul Bubny

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).

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