Category : Retail

Retail

Tossed on the available heap

REW Staff
by REW Staff685
Winick Realty Group is marketing the retail at 295 Park Avenue South on behalf of Abington Holding. The site is located just off the corner of Park Avenue South and East 23rd Street and features approximately 1,200 s/f of retail space with 17 feet of Park Avenue South frontage. “295...
Retail

Arab fashion star to open new Madison Ave. store

REW Staff
by REW Staff652
Thor Equities has brought Qela, a luxury retailer based in Doha, Qatar, to a prime location within the block-long retail space at 680 Madison Avenue. Qela’s newest shop will be located on the corner of 61st Street and Madison Avenue, a 6,230 s/f parcel highly visible to the hundreds of...
Deals & DealmakersRetail

Sabre bulks up in Jersey

REW Staff
by REW Staff707
Continuing to expand its efforts in the New Jersey retail real estate market, Sabre Real Estate Group LLC’s, the metropolitan area’s newest retail brokerage, has hired Jennifer Star as a senior associate. ”We have been looking for the right broker to join our New Jersey team and support our national...
Thor buys Soho store from Massimo
FeaturedRetail

Thor buys Soho store from Massimo

REW Staff
by REW Staff717
Thor Equities announced the purchase of 452 West Broadway in SoHo for $6 million. The seller was Ferrim USA, a company owned by the designers Massimo and Alberta Ferretti. Neighboring retailers include Emporio Armani, Missoni, La Perla, and Reiss. Laduree and Bonpoint are under construction and set to debut in 2014.
Barclays, Shake Shack neighbor hits retail market
FeaturedRetail

Barclays, Shake Shack neighbor hits retail market

Sarah Trefethen
by Sarah Trefethen940
The anticipated boom in retail space around the Barclays Center is well under way, according to Michael Pintchik, a landlord with a number of properties in the area. The landlord is about to begin marketing a 3,700 s/f foot retail space directly across from the Barclays Center for rent for $250 psf. The space abuts 170 Flatbush Avenue where build-out work will soon be underway on the 21st location of Danny Meyer’s Shake Shack, according to Pintchik.
Deals & DealmakersRetail

Sitt, Ashkenazy buy Cavalli corner

REW Staff
by REW Staff711
A joint venture of Sitt Asset Management and Ashkenazy Acquisition has purchased the Madison Avenue building Roberto Cavalli calls home for $48 million. Eastern Consolidated arranged the off-market sale of 711 Madison Avenue from long-time owner, Madison Immobilier NV. The five story building is anchored by the international women’s retailer...
Deals & DealmakersRetail

Sitt, Ashkenazy buy Cavalli corner

REW Staff
by REW Staff711
A joint venture of Sitt Asset Management and Ashkenazy Acquisition has purchased the Madison Avenue building Roberto Cavalli calls home for $48 million. Eastern Consolidated arranged the off-market sale of 711 Madison Avenue from long-time owner, Madison Immobilier NV. The five story building is anchored by the international women’s retailer...
Retail

Duane Reade stays on Expressway

REW Staff
by REW Staff697
Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the renewal of a 14,000s/f long-term lease for New York-based drugstore chain Duane Reade at 198-15 Horace Harding Expressway. Duane Reade will continue to occupy the space at the Cross Path Shopping Center in the Flushing neighborhood of Queens, NY. Neil Dolgin and...
Shopper confidence giving retailers’ a submarket appettite
Retail

Shopper confidence giving retailers’ a submarket appettite

REW Staff
by REW Staff793
The retail vacancy rate for Madison Avenue in New York has made some big moves in the past two years, dropping from double digits to below 2.5 percent as luxury and fashion brands move into the market. This high-street retail location has long been known for stiff competition, not only...
Retail

Tony Roman back on Long Island

REW Staff
by REW Staff
Sabre Real Estate Group arranged a lease in Commack, NY, on behalf of Romacorp, Inc., the parent company of Tony Roma’s restaurants, for the first … Continued