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Brookfield taps NGKF as FiDi mall consultant

Newmark Grubb Knight Frank (NGKF) Retail is pleased to announce it has been selected by Brookfield Property Partners as the exclusive retail leasing consultant for Brookfield Place in New York City’s Financial District (FiDi).

The team of NGKF Retail’s Mitchell Friedel, executive vice president, and Jay Luchs, executive vice president, is combining talent from the East and West Coasts to exclusively lease the six-building, mixed-use complex.

MITCH FRIEDEL
MITCH FRIEDEL

Brookfield Place NY debuted in 2015 after a $250 million renovation as New York’s newest luxury shopping and waterfront dining destination, including Ferragamo, Burberry, Tory Burch, Gucci, Diane Von Furstenburg, Theory, Ermenegildo Zegna, Hermes and J. Crew, among others.

An 85,000 s/f Saks Fifth Avenue is scheduled to open in September; this represents Saks Fifth Avenue’s first expansion in New York City in over 90 years and will be Lower Manhattan’s only luxury department store. Brookfield Place also contains high-end dining options including Le District, a 30,000 s/f French inspired market offering everything from an onsite patisserie and a curated fromagerie, to a private waterfront chef-driven tasting menu; Hudson Eats, a collection of 14 local eateries perched 20 feet above Brookfield Marina; and signature restaurants, including Amada and Parm.

“Brookfield has done an incredible job securing the luxury retail position downtown,” said Friedel. “The property has surpassed all expectations and has become a retail landmark for Lower Manhattan.”

According to Friedel, “There are about 10 locations left to lease and we’re looking for high profile dynamic uses that will be synergistic with the tenant mix that Brookfield has done a remarkable job creating.   All luxury, contemporary and unique aspirational brands will be targeted to complete the merchandising strategy.”

Brookfield Place comprises 200 Liberty Street, 225 Liberty Street, 200 Vesey Street, 250 Vesey Street, 230 Vesey Street and 300 Vesey Street.

Positioned just south of Tribeca along the Hudson River waterfront, Brookfield Place features unobstructed views of the Statue of Liberty, the Upper New York Bay and the Hudson River.

With five outdoor waterfront acres adjacent to the Winter Garden, the property offers unparalleled amenities for office and retail tenants, including an internationally-acclaimed year-round program of arts and events.

“FiDi is undergoing a transformation from a business district consumed with office buildings to a premier location for retailers,” said Luchs. “Brookfield’s significant revamp of this complex has been a real turning point for the revival of Lower Manhattan.”

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