Retail

hfh

Happy shoppers mean happy store owners

By Steven Spinola The first quarter of 2015 was an exemplary one for residential real estate, and REBNY’s recent Spring Retail Report has shown that fortune has also favored the commercial industry as well. This is thanks to a number of deciding...

Photo by Fabricio Salvetti/ Flickr

Chang Hwa renews at 685 Third Avenue

Chang Hwa Commercial Bank has renewed its 13,683 s/f New York branch lease at 685 Third Avenue, owned by TIAA-CREF. The bank signed a 15-year deal at $75 psf. The bank has occupied the entire 29th floor in the 667,069 s/f, 31-story building...

Photo by frankieleon/ Flickr

Asian bankers expanding Koreatown boundaries

The local arm of one of Asia’s largest banks is relocating from the corner of Broadway and 31st Street – where its retail branch marked the edge of Koreatown – two blocks over to the other side of the small neighborhood. Woori America Bank, a...

New barber in Bushwick

EXR Group has brokered a retail lease with a barbershop. Juan Ramos will open his shop at 468 Bushwick Avenue in a 744 s/f space. the asking rent was $2,200 per month, or $45 psf. The owner, Direct Building Management was represented by Eliot...

005_Bushwick_9.26.12

Buyer’s train of thought

A retail property at 1417-1427 Myrtle Avenue, between Harman Street and Greene Avenue in Brooklyn’s Bushwick neighborhood, was sold for $2.8 million. The five-unit retail property contains 6,800 s/f and features 100 feet of frontage on one of...

brooklybride

Yogis join tenant roster at 1 Brooklyn Bridge

The CPEX New York Retail Leasing Team announced the completion of a lease agreement at One Brooklyn Bridge with Abhaya Yoga. The yoga studio is the fourth tenant to sign a lease at this location, with more announcements expected soon to name other...

COPYRIGHT 2015 REAL ESTATE WEEKLY. ALL RIGHTS RESERVED.