Category : Featured

Retailers reveal how e-business is breathing new life back into slumbering store operations
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Retailers reveal how e-business is breathing new life back into slumbering store operations

REW Staff
by REW Staff1098
LAS VEGAS: Brick and mortar stores don’t need to worry about online retailers, they just need to join their ranks. In 2012, online retail accounted for six percent of all retail sales, compared to traditional retail stores which accounted for the other 94 percent, said Marianne Wilson, editor in chief of Chain Store Age, at the “Retail: The Next Wave” panel here Sunday, citing numbers by Forrester Research. “The other side of the coin is that it’s growing at a faster rate,” said Wilson of online retail, adding that Forrester is projecting an increase to nine percent by 2016.
FeaturedResidential

New York home prices definitely on way back up

REW Staff
by REW Staff783
The New York State housing market continued to build on its early 2013 momentum with April gains in closed sales, median price and pending sales, according to the housing market report released today by the New York State Association of REALTORS®. Duncan R. MacKenzie, NYSAR CEO, said, “We believe that as prices continue to increase, sellers, who have been waiting for the market to swing to their favor, will come off the sidelines to help meet buyer demand.”
FeaturedResidential

Florida’s hot again

REW
by REW1486
By Orlando Lee Rodriguez For many a New Yorker with origins in the Mediterranean, the Caribbean or South America, the southern portion of Florida, particularly Dade, Broward and Palm Beach counties, have offered an opportunity to continue living in the United States while enjoying a familiar climate and community. This, of course, in addition to the multitudes of New York-bred retirees whose voices make places like Fort Lauderdale sound like pre-hipster Brooklyn. Now while everybody from Flatbush to Parkchester knows at least one person who has packed up for Florida in recent years, it is those coming from chic neighborhoods of Manhattan or tony suburbs like Scarsdale, Greenwich and Bronxville who are making the second home market in South Florida sizzle.
New Four Seasons will block Woolworth condo views
Construction & DesignFeatured

New Four Seasons will block Woolworth condo views

REW
by REW1125
By Orlando Lee Rodriguez The unobstructed views to the west that the Woolworth Building has enjoyed since it was completed in 1913 as the world’s tallest building are about to disappear. The direct westward view will end once the 82-story Four Seasons Downtown Hotel goes up next door. That means that residents of some of the 40 luxury apartments planned on the top 35 floors of the Woolworth will not enjoy the same sunsets over New Jersey and the Hudson River that workers in those same spaces have enjoyed for the last century.
Search for store star underway
FeaturedICSC REConRetail

Search for store star underway

REW Staff
by REW Staff785
A cart-load of ingenious retail deals are being considered for New York’s Retail Deal of the Year. Deliberations are underway for The Real Estate Board of New York’s (REBNY) annual contest to recognize the city’s top retail brokers. The two awards, The Most Creative Deal in Manhattan and The Retail Deal Which Most Significantly Benefits the Manhattan Retail Market, honor the most inventive and noteworthy New York City retail deals of the past year. The winners will be announced at the Retail Committee’s annual cocktail party on June 11, 2013 at the 101 Club.
Hong Kong world’s hottest retail market
FeaturedICSC REConRetail

Hong Kong world’s hottest retail market

REW Staff
by REW Staff335
Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by global property advisor CBRE. The city saw 51 new retailer entries from all sectors – not just high-end fashion brands. The new entrants were principally from Europe, but also from the U.S., Japan and Korea. U.S. retailers are by far the most aggressive when expanding store networks globally. They are increasingly targeting the Middle East, Central & Eastern Europe and Latin America .
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REcon 2013: Opening night party photos

REW
by REW1263
Opening night parties kicked off with a bang Sunday night, as hundreds gathered at The Shopping Center Group's soiree in the Grand Ballroom at The Four Seasons while next door at Mandalay Bay, swans greeted guests at Aureole Restaurant at Massey Knakal and Fidelity National Title Company's joint party. Photos by Holly Dutton
Nets Shop, surf store to open at Coney Island’s People’s Playground
FeaturedICSC REConRetail

Nets Shop, surf store to open at Coney Island’s People’s Playground

REW Staff
by REW Staff1490
Staying true to its pledge to lease Coney Island space to local businesses in the wake of the damage inflicted by Hurricane Sandy, Thor Equities announced it had secured placements for Brooklyn-based retailers in the heart of the People’s Playground. The Nets Shop by Adidas, an exclusive Brooklyn Nets gear retailer, Wampum surf-and-skate shop, Coney Island Convenience and Brooklyn Rock will open at the Stillwell Avenue location.