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RIPCO has been tapped to lease up GWB Market, the retail portion of the George Washington Bridge Bus Terminal in Washington Heights

Developers Acquire Leasehold on George Washington Bridge Bus Terminal Retail

Aurora Capital Associates and Bridges Development Group have acquired the retail leasehold interest in the GWB Market, the retail portion of the George Washington Bridge Bus Terminal, for a reported $46 million. RIPCO Real Estate’s Jason Pennington and Jessica Hedrington have been tapped to lease up the remaining space.  

Situated at the entrance to the George Washington Bridge in Washington Heights, GWB Market spans approximately 103,000 square feet and is anchored by Marshalls, Blink Fitness, Fine Fare Supermarket, Gap and Charter Communications. It’s currently 82% leased.  

Aurora, Bridges and RIPCO hope to fill the remaining spaces with a variety of local, regional and national retailers and restaurants.   

“Given the strength of the existing tenants and the tremendous volume of people coming in and out of the Terminal every day, we believe this is an irreplaceable asset and a perfect fit for our portfolio,“ said Bridges principal Michael Berfield. 


Inside The Story

RIPCO Bridges Development Group

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 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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