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CVS, Lidl Sign Retail Leases at Park Slope Resi Development
William Macklowe Company and Senlac Ridge Partners have signed a lease with CVS to operate a pharmacy at their 120 Fifth Ave. development in Park Slope, Brooklyn. This news comes alongside the signing of community supermarket Lidl at the development.
CVS will occupy the ground floor and lower level of one of the two mixed-use buildings planned for the site. Lidl will anchor the retail component of the other building.
The RIPCO Real Estate team consisting of Jason Pennington, Alex Beard and Ben Weiner is the exclusive leasing and marketing team for the developers and represented them in this transaction. Newmark’s Jason Pruger, Harrison Abramowitz and Ross Kaplan represented CVS. Ken Schuckman of Schuckman Real Estate represented Lidl.
The 180‐unit residential rental development will include 45 affordable housing units and approximately 67,000 square feet of retail/commercial space along with a parking garage.
- ◦Lease

