Aug. 21, 2014 By Christian Murray
A Manhattan-based boutique real estate firm is opening an office on Vernon Blvd.
Space Market Shop, which specializes in high-end residential properties, has signed a lease to open at 47-34 Vernon Blvd., next door to Snob Nail Spa.
The firm, which has about 25 agents, is expected to open its Vernon Blvd office on September 15. There will be about six agents on site.
Edward Cho, the owner of Space Market Shop, is a Long Island City resident who has been heavily involved in selling and renting real estate in the neighborhood since 2008.
“I have closed about 100 deals [in Long Island City]—between sales and rentals—since 2008,” Cho said, referring to his own activity.
Cho was featured on the TV show “Million Dollar Listing” in 2012, where he put together a $4.75 million deal.
Cho said it is important to have an office in Long Island City in order to meet clients and build a brand.
Space Market Shop will join Nestseekers, Douglas Elliman and Modern Spaces on Vernon Boulevard, with Dream Property located just steps away from Vernon Blvd on 48th Avenue.
14 Comments
Seriously, is a shoe repair place too much to ask for?
And how could any/all of these real estate offices be profitable, all sitting on top of one another and taking up precious (sale-able) retail space!?
Hardware store on 48th and 5th (if that building ever goes up) is rumored to be more housewares, tchockes and such. Not sure if that is a High Traffic, High Turnover type concept.
Do you see how small that retail space is? Very difficult to get a major chain
HuntersPoint, sounds like you should move to Long island…
I would love to see:
-bed bath and beyond
-Target
-Best Buy
-More Food
-More Banks
-All new roads
-All new sidewalks
-Furniture stores
-Dicks sporting goods
-Victoria secret
Hardware Store Is Coming 48th & 5th 🙂
Please stop it with the hardware store ideas.
Convenient for the residents of the neighborhood? Yes.
Money making business for somebody that opens one up? Nope.
Absolutely the LAST thing this neighborhood needs….
Such character these real estate offices have! Cannot wait!
How often do you go to the hardware store that you need one local? The only retail that will survive here is stuff that has high traffic and turnover, like food cellar, Duane Reade, Starbucks, or a bodega. That’s why a Verizon store won’t work, it’s why a Gap or other clothing store wouldn’t work. Services that people use often like hair salons, nail salons, masseuses, eyebrow threading, or doggy care will work. And services with high price points that need to be local, like real estate, will work.
Why are all these real estates on the same block?
If anyone can explain how the economics of a hardware store would work with rents where they are, I’m all ears. This neighborhood developed too fast, a lot of the basics retail wise won’t come because they will never be able to afford it
I was hoping for a nail salon 🙁
Another freakin real estate firm.
Jesus Christ man
Cant we get some damn retail or something.
5 Real Estate Offices and still no hardware store…