Andrew Stern is a managing director with Newmark, specializing in both landlord and tenant representation.
Andrew represents many prominent landlords, including AIB Development Corp., Ashkenazy Acquisition Corporation, Caspi Development, Chetrit Group, Eretz Group, Forest City Ratner Companies, Fortuna Realty Group, Jamestown, Kibel Companies, Kushner Companies, Magnum Real Estate Group, Metro Loft Management, Moinian Group, Newcastle Realty Services, Philips International, Premier Equities. Stellar Management, Sterling Equities, Summit Equities, Sutton Management, Tristar Capital and Zar Property.
Andrew also works on behalf of several retailers. After a three-year absence from the market, men’s heritage brand J Press, which has operated in New York since 1912, returned to the market with Andrew’s assistance; he arranged the lease for the brand’s new home on the Men’s Mile in Midtown, at the base of the Yale Club at 44th Street and Vanderbilt Avenue. Elsewhere on the Men’s Mile, Andrew represented Sayki in two leases, first at 340 Madison Avenue and then at 375 Madison Avenue. These are the first U.S. locations for the men’s brand, which has 82 locations in Turkey.
Andrew was a member of the team that sold the 11,000-square-foot retail condominium at 250 Bowery on behalf of the landlord to the International Center of Photography, which relocated its museum there after 40 years in Midtown Manhattan.
Andrew also helped sell 353 West 46th Street to a restaurant user and the air rights at 195 Tenth Avenue to the developers of 197 Tenth Avenue. He arranged the long-term triple net lease of the entire six-floor building at 113 East 60th Street on behalf of ownership to Ocean Recovery. Recently, Andrew sold the 16,188-square-foot retail condominium at 75 White Street and the 18,878-square-foot retail condominium at 241 Church Street to Cloud Kitchens.
Andrew has established himself as the most active retail leasing broker in Tribeca, having completed a total of 57 transactions at the following locations: 86 Chambers Street; 120 Church Street; 130 Church Street (two transactions); 136 Church Street (four transactions);166, 185 (two transactions), 193, 200 Church Street (six transactions); 241 (two transactions); 249, 251, 257 and 271 Church Street (three transactions); 120 Duane Street; 142 Duane Street; 102 Franklin Street (three transactions); 175 Franklin Street; 42 Hudson Street (three transactions); 170 Hudson Street (two transactions); 16 Jay Street; 69 Leonard Street; 39 North Moore Street; 56 Reade Street (three transactions); 72 Reade Street; 23 Warren Street; 41 White Street; 45 White Street (two transactions); 75 White Street; 66 West Broadway; 88 West Broadway; 140 West Street; 157 Hudson Street and 111 Worth Street. Tenants included Church Street School, Coder School, DHL, Floravere. Innovation Shade, James Perse, Jason Scott, Journal Gallery, Kiddie Academy, Kiki de Montparnasse, Los Tacos No. 1, MetroPCS, Nova Fitness, Officine Gullo, Pup Culture, Quick Cryo, Rumble, Scanlan Theodore, Schiff Fine Art, Schnippers, Shoji, Sweaty Betty, Swiss Institute, Thierry Despont, Tracy Anderson, Tribeca’s Kitchen, Two Hands Restaurant and Bar, Unilever (Nexxus), Verizon and Wyndt.
In addition to Tribeca, Andrew has a strong presence and track record in the Financial District where he has arranged 17 leases.
Andrew also focuses on representing quick-service food tenants. He has arranged five leases for Red Mango, four leases for Jacques Torres Chocolate, six leases for Dunkin’ and three leases for Vin Sur Vingt.
Andrew joined Newmark in 2019, when parent company Newmark Group, Inc. acquired Newmark, a New York-based retail real estate brokerage and investment firm. He began his real estate career with the firm in 2010 as a canvasser.
Professional Achievements
- CoStar Power Broker, 2017 (one of the top 20 retail leasing brokers in New York City for that year)
- 30 Under 30, Commercial Observer, 2014
Professional Affiliations
- Member, International Council of Shopping Centers
- Licensed real estate salesperson, state of New York
Education
Andrew graduated cum laude from Baruch College, where he earned a Bachelor of Business Administration degree in real estate investment.