Author: Lois Weiss | NY Post | Between the Bricks
McDonald’s will soon open its new earth-toned and Starbucks-like design concept at a new location on West 125th Street. The former four-story Verizon office building at 148 W. 125th St. was sold to The Jackson Group in October 2010 and has since been gut renovated into an upscale retail and office building.
Once its space is built out, McDonald’s will be moving into 2,500 square feet on the ground floor in a deal that includes at 1,500 square-foot basement. It will also have large signage on the side and front of the pretty building.
McDonald’s was represented by Harold Sherr of HSRE Real Estate while The Jackson Group ownership was represented in-house by Jonathan Nachmani. The ground floor asking rent was $150 per square foot and Orva Shoes also leased retail space in the building.
Upstairs, the 4,500-square-foot floors are available for offices with an asking price of $35 per square foot.
The fast-food chain closed its 215 W. 125th St. branch but is still open at 145 W. 125th St. and 354 E. 125th St.