Leases
Major leases signed this week
Category : Retail
Retailers, restaurateurs take big bite out of JFK
As part of an expansion project currently underway at JFK Airport Terminal 4, a joint venture led by Hudson Group will implement a new concessions program to enhance the shopping experience for travelers. Five new specialty shops by Michael Kors, Coach, Thomas Pink, Solstice and Victoria’s Secret and seven new Hudson “travel essentialsˮ and souvenir shops will open in three phases between May and October of this year.
Patisserie added to Industry City menu
Industry City, the 40-acre industrial center of Bush Terminal along Brooklyn’s Sunset Park waterfront, has announced that Colson Patisserie has signed a seven-year lease at 220 East 36th St. The Patisserie facility features both a working bakery as well as a café where patrons can enjoy sweet and savory snacks and...
JEMB unveils Herald Center plan
Herald Center, the giant 10 story, 250,000 square-foot black glass retail and office property at the southwest corner of 34th Street and Broadway, is about to undergo a transformation at the hands of long-time owner JEMB Realty. The property will be completely reclad to create a leasing opportunity encompassing more...
Luchs to join NGKF retail
Former CBRE EVP Jay Luchs is joining NGKF's retail division under Neal Golden to cater to the firm's national and international retail clients.
Fresh Market deal puts Woodbury back on radar
Gourmet food purveyor The Fresh Market, inked a long-term, 20,000- s/f retail lease at the iconic and high-profile shopping center Woodbury Common in Woodbury, NY. Arranged by retail broker Gregg Carlin of CBRE’s Long Island office, the transaction has sparked renewed interest in the center by a number of major...
Prada neighbor hits retail market
RKF has been named the exclusive retail leasing agent for 10,915 s/f of flagship retail space at 575 Broadway in the heart of SoHo. 575 … Continued
Saudis sign lease deal with mall developer
Retail Group of America (RGA), the U.S. operating arm of Fawaz Al Hokair Fashion Retail, the Saudi global franchise giant, has signed a 52-lease package with Pyramid Management Group, the mall developer whose centers include the 2.2-million-square-foot Palisades Center in Clarkstown, N.Y. RGA is launching a dozen European brands in...
New Yorkers will never stop shopping, says retail power broker
By Sarah Trefethen Online shopping may be all the rage, but retail’s biggest cheerleaders say don’t rule out the brick and mortar shops just yet. “The way to address this is to continue with the pop-up concept to challenge the online, and try new concepts,” said Faith Hope Consolo, chairman...
UFC opens gym in New Hyde Park
Sabre Real Estate Group LLC has arranged a lease in New Hyde Park, NY for the first East Coast location of UFC Gym. The new fitness club will locate at 2020 Jericho Tpke., a 38,899 s/f, freestanding building at the corner of Nassau Terminal Road that formerly housed a King...