Pryor Cashman client Muss Development has entered into a 15-year lease with Target for the 20,795 square foot space at 7000 Austin St. in Forest Hills, New York.  A new Target store will open in that space in mid-2016, replacing the Barnes & Noble which has been located there since 1995.

The Target store will be the first small-scale store in Queens for Target, which has recently been offering more small format locations for city-dwellers across the country.  “We are excited that Target chose Forest Hills for its first New York City location as part of its national flexible format store roll-out,” said Muss Development Principal Jason Muss, the landlord for the property. “Austin Street is a natural fit for this new retail concept. It is in the center of a high-traffic, residential area and Forest Hills is the quintessential Queens neighborhood.”

Partner Dennis Sughrue, a member of Pryor Cashman’s Real Estate and Banking & Finance Groups, represented Muss Development in the transaction, which was reported in the August 26, 2015 edition of the New York Daily News.  To read the article, entitled “Target will replace Barnes & Noble in Forest Hills,” please click here.