Happier Grocery is bringing its downtown sensibility uptown.
The high-end grocer has signed a 20,500-square-foot lease at 210 East 86th Road, taking up a long-vacant former Metropolis Cinemas movie show on the Higher East Facet, in line with a press launch from dealer Avison Younger.
The shop, anticipated to open within the second half of subsequent 12 months, can be Happier Grocery’s second New York Metropolis location. The corporate opened its first retailer at 365 Canal Road in Soho in 2023.
Avison Younger’s Christian Stanton and Libby Hodes represented landlord CSC Actual Property, together with Max Swerdloff, who joined brokerage Model City after the deal. Newmark’s Brian Segall and Michael Cohen represented Happier Grocery. The asking hire and lease size weren’t disclosed.
The Promote first reported on the Higher East Facet location, citing nameless sources.
The shop payments itself as a premium neighborhood market, mixing recent meals, ready meals and specialty merchandise with wellness programming and group occasions. Its Canal Road location consists of an occasion area often called the Residence, which has hosted dinners, yoga courses and workshops.
Happier Grocery is the most recent enterprise from brothers Dawson and Wells Stellberger, who’ve constructed a enterprise round turning neglected actual property into hospitality and group areas.
Dawson Stellberger is the founding father of Bushwack Capital, an actual property agency that has developed greater than 25 multifamily and industrial properties in Brooklyn, in line with a 2024 New York Metropolis Financial Growth Company submitting. His tasks have included the previous furnishings warehouse at 599 Johnson Avenue in Bushwick, now residence to reside music venue Elsewhere, and 154 Scott Avenue, a former metal manufacturing facility repositioned because the membership membership SAA, which presents coworking, manufacturing, eating and well being and wellness area.
His brother Wells Stellberger got here from the design and nightlife worlds, together with a stint at Marc Jacobs and a job in opening the Brooklyn occasion area 99 Scott.
Final month, an entity tied to Dawson Stellberger paid $21.5 million for a mixed-use constructing at 291 President Road and an adjoining improvement website at 336 Union Road in Carroll Gardens. The customer, Happier Grocery President LLC, has fueled hypothesis that the grocery idea might ultimately land there as nicely.
CSC purchased 210 East 86th Road final June for $64.1 million from Perlbinder Realty Corp.
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