The Big Apple expansion of national fast food favorite Chick-fil-A continues. He just signed a 20-year, 6,000 square foot ground lease at 1573 Flatbush Ave. in Brooklyn’s Midwood, where he will construct a new building to replace a small office building.
This will be the chain’s first self-contained outpost in the city. Chick-fil-A’s 1,900 nationwide outlets were recently named the nation’s favorite fast food chain by the US Customer Satisfaction Index.
Owner Marx Realty is best known for its office towers on Third and Madison Aves. in Manhattan. Marx Chairman and CEO Craig Deitelzweig wouldn’t say what Chick-fil-A is paying, but retail rents in bustling Midwood range from $90 to $125 a square foot.
When we told Deitelzweig we were surprised Marx had such a small location in Brooklyn, he laughed, “We have others too. We’ve had this particular one for 80 years.
Unlike most other Chick-fil-As here, the Midwood location near Brooklyn College will have plenty of indoor seating.
“They think it’s going to be one of their most profitable stores in the country,” Deitelzweig said.
He said the restaurant would begin construction as soon as Marx finished demolishing the old building, “which was past its prime”, he said.
“We’re thrilled because everyone loves Chick-fil-A,” he added. “And they have terrific credit.”
–
–
