Introduction and History

Aries Deitch & Endelson, Inc. was founded in November of 1993. It was the successor to Aries-Neidich Associates founded in 1946 and Henry K. Neidich & Co. Inc. In 1995 we began our partnership with William B. Hesse. Bill was formerly President of Robert Martin Inc. - Space Specialists, the retail leasing arm of Westchester's largest developer.

Experience

Since the 1970s, AD&E's partners have been leaders in all phases of commercial real estate. They have specialized in retail leasing, shopping center management, and development in New York, Connecticut, and New Jersey. The principals of AD&E have been involved in more than 50 shopping center projects in the tri-state area over the last 35 years. They negotiated hundreds of leases with major and local retailers and have expertise in both anchor store and satellite leasing strategies. They have consulted for land development and acquisition projects and worked with teams of contractors, architects, and engineers. They helped plan, build and lease some of the most successful shopping centers in the NY, CT, & NJ markets.

Contacts

The companies that AD&E has been built relationships with includes: All major shopping center owners and developers in Westchester, Fairfield and the surrounding NY metro area. We also work with all office, multi-family and industrial property owners and brokers.

Retail Leasing

Aries Deitch & Endelson, Inc. has been the dominant retail broker in Westchester, Putnam, Dutchess Counties as well as many Connecticut and New Jersey regions. Our brokers are seasoned professionals who know the retail space market. Technologically, we have extensive computerized listings, tenant databases, and Internet presence. Also, we enjoy strong chain store and landlord personal relationships. Through personal contact, trade show attendance, mail and telephone, we are in touch with the pulse of the retail leasing market.

Current Retail Tenant Representation

1. Preferred broker for Marshall's, Home Goods, TJX. New: Marshall's Mega Shoes 10,000-12,000 sq .ft. in Westchester and Hudson Valley, NY.
2. Fios TV-Cable in Rockland and Putnam Counties. 1,500 sq. ft.
3. Panera Bread. Broker for Westchester, Rockland, Putnam, Dutchess and Orange Counties, New York.
4. Preferred broker for Radio Shack for locations in Westchester County, New York.
5. Dickey's Barbecue. 1,500 sq. ft.
6. Rita's Italian Ices locations in CT sought. 800 - 1,500 sq. ft.
7. Goodwill Industries seeking locations in Westchester and Hudson Valley. 15,000 sq. ft.
8. AT&T Wireless authorized dealer. 500 - 1500 sq.ft.
9. Local muliple unit operators of trendy, high end Asian, Indian and Mexican restaurants.
10. Seeking optical stores in Westchester and the Lower Hudson Valley. 1,000-2,000 sq. ft. chain.
11. Hungry Howie's Pizza seeks 1,500 sq. ft. in CT.

Investment & Development Property Sales

Our Sales Division has been involved in the sale of many shopping centers, medical buildings, industrial buildings, and land for major developments. We have sold many major investment properties such as a $12,000,000 multi-family site in 2002, a $10,5000,000 medical office building and a 100 unit multi-family apartment buildings to investors. The residential market has enjoyed a huge resurgence with skyrocketing rents and sales prices. Julian Aronin, Vice President-Sales, heads our investment sales division. It is comprised of senior brokers with extensive real estate experience on a national basis. In 2007 this department sold over $25,000,000 worth of properties. Julian Aronin Direct number (914) 949-2800 ext.115.

Management

Our Management affiliate, ADE Management Corp, has managed over 3,500,000 square feet of retail space including two regional enclosed malls, and has also been involved in the management and ownership of over 35 apartment buildings located in Westchester County, New York. Lenders' O.R.E.O. properties, foreign investment companies, and private investors have been our clients. We are currently managing shopping centers in Westchester County and Dutchess County, NY. We have installed a state of the art computer system for management accounting.

William B. Hesse, President, is a graduate of Clark University. He had been an executive of The Robert Martin Company, Westchester's largest builder/developer, since 1973. On behalf of Robert Martin, Hesse created Space Specialists in 1982 as a shopping center brokerage subsidiary company. It represented both retailers and shopping center owners throughout New York, New Jersey, and Connecticut.
Direct number (914) 949-2800 ext. 101 Email

Barry Endelson, Executive Vice President, is a graduate of Hofstra University and Suffolk University School of Law, Boston, MA. He had been an executive with Henry K. Neidich & Co. Inc. and Aries Deitch & Endelson, Inc. since 1976. Barry has been involved in the management, development and leasing of over 30 shopping centers in the northeast. He has pioneered the development of computerized databases, reporting, and this website.
Direct number (914) 949-2800 ext. 103 Email

Martin Deitch, Senior Vice President, is a graduate of Monmounth College. He had been an executive of Henry K. Neidich & Co. and Aries Deitch & Endelson, Inc. since 1977. He had directed the management, leasing and development of 50 shopping centers in the northeast region of the country. He has also acted as the tenant representative of various chain stores in the tri-state area. He now heads our 10 salesman leasing department.
Direct number (914) 949-2800 ext. 113 Email

E*Trade Building. Available: Furniture store location. 133 foot front. 9,200 Sq. ft. 2-stories. 1,200 on grade. 8,000 below grade with direct loading in the rear. Passenger elevator. High ceilings. Furniture use only permitted. Affordable 2-floor combination. High Income, high exposure. Opposite Office Depot & Post Office. 5,000 sq. ft. retail leased to ETrade June 2006.

Brewster Square. We are managing and leasing agents for this modern 30,000 sq. ft. retail and professional center. It is leased to local day care, retailers, medical technology firms. 800, 1100, and 1200 sq. ft. retail, professional/medical-office space available.

Brewster, NY. 190,000 s.f. A&P, Rite Aid, SuperCuts, R&D Flooring, Burger King, Oriental Buffet. HSBC, Chase, Charter One Bank, Citi Financial, UPS Store, Day Care, Wings Over Water swim school. Available: 3,000 s.f. end cap, 1,000 sq. ft, 6,000 s.f. operating buffet restaurant. 4,800 s.f. possible.

Rt. 22 & Rt. 312 Brewster, NY. The anchor store is rented to Value Village a 20,000 sq. ft. discount store and pharmacy, and Empire Cinemas. One store of 5,000 ft.with a 17' ceiling is available at way below market rent. 25,000 cars per day pass by. Recently opened: AT&T Wireless, Putnam Federal Credit Union and Brewster Pastry.

111 S. Central Ave, Hartsdale, NY 10530

Leased by Harrow's outdoor furniture. Former Barnes & Noble. 16,200 sq. ft. retail. 81 car parking. Free standing, pylon sign, no basement. 12 year old building. Near Ethan Allen, Drexel, Henredon, Chef Central, BoConcepts, Sleepys, Innovation Luggage, Domain.

For Sale or Rent:
Retail Center: 18 Tuckahoe Rd, Yonkers

17,700 sq. ft. building. 2,100 sq. ft. office/retail space for rent. 1 block east of the Saw Mill River Parkway. 35,000 sq. ft. land with 350' frontage.Barry Endelson. Click for Loopnet listing

Scarsdale Park Mall, 450 Central Park Ave. and Scarsdale Mini Mall

Lowest rent on the street. Available: 4,500 sq. ft. end cap. 5,100 s.f, 2,300 s.f, 200 s.f. High Income, high exposure. Parents & kids upscale emphasis. Great location. 450 Central Ave., Scarsdale, NY write Email Bill Hesse

Drexel Heritage Furniture
118 Central Ave.
Hartsdale, NY

Drexel Heritage, Safaveigh Furniture and Office Building, 110 South Central Ave., Hartsdale, N.Y. Elevator, direct meters, 24 hours building. For rent: 5,180 to 783 sq. ft.  office, medical, professional or service space on 2nd floor. (914) 949-2800x113. marty@ade-re.com

Larchmont Plaza

Larchmont, New York. Guitar Center opened November 1999. Small store spaces available. Marty Deitch (914)949-2800x113.

Michael's Shopping Center
333 N. Central Ave.
Hartsdale NY 10530.

Managing and leasing agent. Michael's Store, Domino's, T-Mobile, EEFCU Credit Union. Barber Shop. 100% rented