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Coffee Purveyor from Greece Heading to East Village

Commercial Observer // Jun 18, 2014

European-influenced café and coffee bar Maza Loukouma and Espresso Bar is planning to enter the U.S. market via the East Village.

 

Maza signed a 10-year lease last month for 500 square feet on the ground floor, plus a basement for storage, at 30 Carmine Street between Bleecker and Bedford Streets. The asking rent was $300 per square foot, Eastern Consolidated said. The firm’s James Famularo and Ravi Idnani represented the landlord, 30 Carmine St. LLC, in the deal. CORE‘s Leora Aimee Hasas and John Harrison represented Maza.

 

“The storefront with 20 feet of frontage in this well-established location is a prime opportunity for the new coffee bar concept,” said Mr. Famularo in a prepared statement. “Given the highly trafficked neighboring retail locations, we believe Maza is sure to be a success.”

 

When Maza opens in the fall, it will serve coffee, wines and healthy Greek breakfast, lunch, and dinner options.

 

Maza will occupy space lease by MetroPCS store and a shoe-repair shop, which leased space there for 30 years, Mr. Famularo said.

 

 

The company is looking for other locations in New York City including in the Financial District, CORE’s director of communications said.

Original Article: Commercial Observer