Category : Retail

Construction & DesignFeaturedRetail

NGKF to lease retail for NoMad hospitality venture

REW Staff
Newmark Grubb Knight Frank (NGKF) Retail and Hospitality Services has been tapped by the Lam Group to lease the retail portion of a 400,000 s/f mixed-use development project in NoMad. The development will include two luxury hotels, including a Virgin Hotel, as part of the its effort to create “a lively lifestyle-concept hospitality experience,ˮ according to the developers. NGKF’s Rika Lisslö, Ross Perlman and Neal Golden will head the leasing effort of 100,000 s/f at the site, which will take up the entire block frontage on Broadway from 29th Street to 30th Street
Deals & DealmakersRetail

TSO has Square deal on former arts store space

REW Staff
Tarter Stats O’Toole announced that it is now marketing the retail space at 111 Fourth Avenue. The space was formerly occupied by Utrecht, a popular art supplies store, for over 30 years but has since been vacated and is on the market for lease. The 4,452 s/f store has 19...
Retail

Big Smoke Burger Leases First NY Location

REW Staff
Canadian burger chain Big Smoke Burger has leased its first New York location at 70 Seventh Avenue, between West 14th and West 15th Streets in Chelsea.
Retail

Winick finds Elixir two stores

REW Staff
Elixir Juice Bar has leased two more stores in Manhattan, according to Winick Realty Group’s Charles Rapuano, who represented the brand in both of its recent New York leases. The brand will occupy 70 Greenwich Avenue, located between Seventh Avenue South and Sixth Avenue in the heart of the West...
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
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.
Bakery chain rolling out new Manhattan stores
ICSC REConRetail

Bakery chain rolling out new Manhattan stores

REW Staff
By Holly Dutton Maison Kayser is rising in New York. The French gourmet bakery chain already has a 4,000 s/f retail store on 74th Street and 3rd Avenue, but the brand will be opening three more locations in the Midtown West and Flatiron neighborhoods, said Paul Berkman, co-head of NY...
Colliers debuts new space at RECon
ICSC REConRetail

Colliers debuts new space at RECon

Sarah Trefethen
LAS VEGAS: Collier’s International took this year's RECon as an opportunity to launch their marketing of the retail space at 501 Madison Avenue, which the company is repositioning as it comes off an 81-year ground lease this month. The two stories of retail, currently divided between a number of tenants, will be renovated into a single 12,000 s/f space that should be ready for occupancy in the second quarter of 2014, according to Robert L. Freedman, of Colliers.
Search for store star underway
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Search for store star underway

REW Staff
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.