November 4, 2004
Blue Tulip to Fill Pondfield Store
by Danny Lopriore
One of the prime commercial spaces in Bronxville has been filled, and villagers will soon see a Blue Tulip blossom where a Gap store formerly occupied at the corner store at Meadow Avenue and Pondfield Road.
Jonathan Gordon of Admiral Real Estate Services Corp. announced last month that a new lease has been signed with Blue Tulip at 116 Pondfield Road. Admiral was the broker for the Mosbacher family and partners, the building’s owners. The deal was co-brokered with Fairfield Retail Partners, which represented the tenant.
According to co-owner David Cully, Blue Tulip, a stationery and gift store with a particular focus on occasions and holidays, is expected to open in November.
“We’re excited about our new location in Bronxville, which is a prime location for our newest store,” Cully said. “We have already been in touch with several community organizations including the Community Fund, Lawrence Hospital and the Bronxville School with an eye toward becoming involved with all aspects of the area.”
The Gap closed several of its smaller stores, including those in Bronxville, Rye and New Canaan, Conn., earlier this year.
“Zoning laws have made bringing new tenants to the town more complicated, despite Bronxville’s excellent location and demographics,” Gordon said. “Although we brought numerous users to the space at 116 Pondfield Road, the zoning moratorium then in effect kept many potential tenants, such as spas, banks and restaurants, from attempting to obtain a change in use. We’re thrilled to have found Blue Tulip.”
With the moratorium over, the village has revamped its zoning regulations, which limits retail spaces selling soft goods to a 3,000 square feet. While the new zoning rules would normally disallow a 4,500 square foot stationery store, the Blue Tulip lease was designated a grandfathered, nonconforming use.
Cully and partner Joe Ellis began their business venture in August 2002 with the opening of the first Blue Tulip in Princeton, N.J. The company now has stores in Paoli, Pa., which opened November 2002; Marlton, N.J., November 2003; and Fairfield, Conn., in June.
“We’ve had great success developing our stores in communities like Bronxville and other suburban locations,” Cully said. “We feature products from more than 600 vendors, specializing in making each of life’s occasions special. We think people will really enjoy coming in and visiting us.”
Cully formerly worked in merchandising with Barnes & Noble bookstores, while Ellis spent two decades in retail research and development with Goldman Sachs. The partners began work on the space last month with a scheduled opening set for mid- to late November.
“We’re hoping to get in and begin work and be ready to open for the coming holidays,” Cully said. “We want to get to know everyone in the community and surrounding communities.”