Category : Retail

Close shave on the UES
Retail

Close shave on the UES

REW Staff
by REW Staff573
eShave, the Long Island City-based shaving products and services company, has leased its first Upper East Side storefront at 1025 Third Avenue between 60th and 61st Streets. Winick Realty Group president Steven E. Baker and broker Aaron S. Fishbein represented eShave in the leasing transaction, while landlord Mall Properties was...
Snack cooking in Hell’s Kitchen
Retail

Snack cooking in Hell’s Kitchen

REW Staff
by REW Staff667
The owners behind popular West Village restaurant, Snack Taverna, have signed a lease to extend their concept into Hell’s Kitchen with a new 1,100 s/f restaurant located at 522 Ninth Avenue, on the Southeast corner of West 39th Street. “Snack will be a great addition to the neighborhood and bring...
Retail

New study gets to art of gallery development in NYC

REW Staff
by REW Staff993
A four-year study by the University of Southern California Lusk Center for Real Estate challenges the notion that Manhattan’s art galleries spring from low-rent Bohemian-style neighborhoods. The study shows that art galleries tend to cluster together in high-end neighborhoods near affluent potential buyers. The research team found that 60 percent...
Retail opportunity opens up along storied Bronx corridor
Retail

Retail opportunity opens up along storied Bronx corridor

REW Staff
by REW Staff
The sales and leasing team of Faith Hope Consolo, chairman, Joseph Aquino, executive vice president, and Arthur Maglio of Douglas Elliman’s Retail Group has been … Continued
Retail

Steaks high for Monday Properties

REW Staff
by REW Staff658
Monday Properties and Invesco, owners of 230 Park Avenue, renewed their retail lease with Bobby Van’s Steakhouse, a Grand Central culinary landmark at East 46th Street and Park Avenue. The 3,100 s/f lease renewal is for 15 years. Dana Moyles of Dana Moyles Real Estate negotiated the lease renewal on...
Deals & DealmakersRetail

H&M to open giant Herald Center store

REW Staff
by REW Staff660
CBRE Group, Inc. announced today that it arranged an approximately 63,000 s/f retail lease for H&M in the Herald Center, at the corner of 34th Street and Broadway, Herald Square, on behalf of the landlord, JEMB Realty. CBRE’s Susan Kurland, executive vice president, Retail Services, represented JEMB Realty in the 25-year lease for H&M. The store will be H&M’s largest in the world and is anticipated to open in the fall of 2014. JEMB is in the midst of a multi-million dollar make-over of the 10-story, 250,000 s/f retail and office property, which is being reclad as 50,000 s/f of retail space at the heavily trafficked site .
Deals & DealmakersRetail

Bobby Van’s renews at 230 Park

REW Staff
by REW Staff902
Monday Properties and Invesco, owners of 230 Park Avenue, announced today that it has renewed its retail lease with Bobby Van’s Steakhouse, a Grand Central culinary landmark at East 46th Street and Park Avenue.  The 3,100-square-foot lease renewal is for 15 years. Dana Moyles of Dana Moyles Real Estate negotiated...
Retail

Hong Kong leads rise in global retail rents

REW Staff
by REW Staff670
Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York, London, Tokyo and Zurich are on the rise, according to new research from CBRE Group, Inc. CBRE’s quarterly ranking (Q2 2013) of the top 10 prime global retail markets saw little...
OpinionRetail

Clicks and bricks; The perfect retail marriage

REW Staff
by REW Staff
By Adelaide Polsinelli, senior director, Eastern Consolidated As online shopping becomes more prevalent, brick-and-mortar’s retail success will depend on portraying the act of shopping as … Continued
Deals & DealmakersRetail

Tristar’s Bowery buy

REW Staff
by REW Staff730
RKF arranged the $15.75 million sale of an 11,000 s/f retail condo located at 250 Bowery. A team from RKF that included RKF Investment Sales & Advisory Services president Jeff Fishman, senior director Brian Segall and senior analyst Jonathan Butwin represented both the seller, 250 VE LLC, and the buyer, 250...