Category : Retail

Deals & DealmakersRetail

Korean designer debuts NYC store

REW Staff
Faith Hope Consolo, chairman, and Joseph A. Aquino, executive vice president of Douglas Elliman’s Retail Group are continuing to reposition the block front encompassing 410 Columbus Avenue with a just-signed lease for fashion designer Boyoung Kim. It will be the first dedicated boutique for the designer and manufacturer, whose downtown...
Deals & DealmakersRetail

Co-op buys retail lease

REW Staff
The Regency Regency East Apartment Corporation, the owner of the 18-story, 147-unit Regency East co-op apartment building at 301 East 64th Street, has purchased the … Continued
Deals & DealmakersRetail

Kate Spade digs in on Spring St.

REW Staff
RKF has arranged a 3,000 s/f lease at 152 Spring Street in SoHo for fashion retailer Kate Spade Saturday. Located on the south block between … Continued
Fifth Avenue retail prices going nowhere but up
Deals & DealmakersFeaturedRetail

Fifth Avenue retail prices going nowhere but up

REW Staff
If the brick-and-mortar storefront is doomed, word still hasn’t reached Fifth Avenue. Average asking rent for retail space along the well-trod sidewalks between 49th and 59th streets was just over $3,000 psf, according to CBRE Group’s analysis of the second quarter of 2013. The need for brand exposure is driving the steady rent increases on prime Fifth Avenue, according to retail brokers, who think the increases are based on solid market fundamentals.
Winick tapped to market retail near Hudson Yards
Retail

Winick tapped to market retail near Hudson Yards

REW Staff
Winick Realty Group announced it has been selected by Related Companies to exclusively market four newly-constructed retail spaces at 500 West 30th Street, a building strategically located at the convergence of the High Line, Chelsea and Hudson Yards. 500 West 30th Street will be completed in 2014 and will offer retailers an opportunity to occupy the ground floor of a 34-story luxury residential tower.
Retail

Thor High Street acquires UK firm

REW Staff
Underscoring its commitment to the British market, Thor High Street Advisors has acquired London consultants Ashley Phillips Lahaise. Lead by London-based real estate veteran and fashion industry insider Patrick Lahaise, the boutique firm has advised retailers on every major retail high street in the United Kingdom – specializing in the...
FeaturedRetail

JLL buys retail firm

REW Staff
Jones Lang LaSalle’s has acquired Surge Retail International, a New York and Boston-based specialty retail tenant representation firm. The price was undisclosed. Surge Retail’s co-founders, Steve Ferris and Michael Hirschfeld, will join the firm as senior vice presidents and co-lead JLL’s National Retail Tenant Services practice. They will work closely with Lew Kornberg to expand the firm’s retail tenant representation capabilities, targeting premium and high-end retailers occupying space in enclosed malls, outlet centers and dense, urban retail markets across the United States, as well as international retailers wanting to expand throughout North America.
Retail

Rappaport gets a pizza the action

REW Staff
Sinvin Real estate Steve Rappaport has just sold the lease for 145 Atlantic Avenue in Brooklyn Heights. Currently a Sostaa pizza place, the property offers 1,100 s/f of ground floor space, a 1,000 s/f basement and a 300 s/f garden. There are nince years left on the lease and the...
Retail

Tarter State O’Toole marketing Lafayette property

REW Staff
Tater Stats O’Toole has announced its recent appointment as exclusive leasing agent for 419 Lafayette Street. The eight story building totals over 57,700 s/f. Startup accelerator, Sunshine Suites, occupies three floors in the building. Situated at the crossroads of Cooper Square, NoHo and Greenwich Village, 419 Lafayette Street is located between...