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Optician, eatery find red-hot sites; 2 firms take spots in Hell's Kitchen; jeweler reaps Queens' rewards.

Publication: Crain's New York Business
Publication Date: 03-SEP-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Optician, eatery find red-hot sites; 2 firms take spots in Hell's Kitchen; jeweler reaps Queens' rewards.(Real Estate Report)(stway Vision Inc. is relocating)(Il Melograno's new lease)(Unique Settings of New York Inc's expansion)

Article Excerpt
Two businesses, one already in Hell's Kitchen and the other a newcomer, plan to open on 10th Avenue between West 51st and West 52nd streets.

After spending 15 years on Ninth Avenue, optical outlet Westway Vision Inc. is relocating to 1,000 square feet at 756 10th Ave. Owner Henry Tanzil signed a 10-year lease for the space, formerly a bike shop; he plans to relocate by the end of the month. Westway Vision offers eye exams and sells glasses and contact lenses.

Mr. Tanzil wanted to stay on Ninth Avenue, but rising rents drove him west.

"Rent is more than doubling on Ninth Avenue,'' says Howard Aaron, president of Square Foot Realty, who negotiated the deal for the tenant and for the property owner, Clinton Housing Development Corp. "A lot of the...

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