City seeking answers as retail suffers a decade of decline
Comptroller suggests the city start giving mom-and-pop shops a few breaks.
Category : Retail
Buy Buy Baby, hello Upper West Side
In a transaction arranged by CBRE, Buy Buy Baby, a division of Bed Bath & Beyond devoted to children’s merchandise and baby gifts, has signed a long-term 9,685 s/f lease for its second Manhattan location on the ground floor of the Hotel Belleclaire at 2175 Broadway at West 77th Street....
Korean fashion brand ALAND will open its flagship location at American Dream mall
American Dream, the New Jersey mega-mall project developed by Triple Five Group, has inked a lease with Korean retailer ÅLAND. ÅLAND, founded by sisters Kinam Jung and Jung Eun Jung in 2005, is a multi-concept store that offers affordable fashion basics and curated products by emerging and independent Korean designers...
Catsimatidis giving Amazon a supermarket run for its money
The owner of the Red Apple Group, which operates the Gristedes chain of supermarkets, has been quietly growing his empire.
Thor welcomes Godiva
Thor Equities announced it has leased 2,400 s/f at 933 Broadway to Godiva Cafe. Offering a menu of new aitems including the Croiffle, freshly baked goods, coffee drinks, tea and an array of Godiva chocolates, this is the sixth location for the Café in NYC as well as the US....
Sephora to open new store at Atlantic Terminal Mall
Madison International Realty announced that Sephora has leased 5,500 s/f at Atlantic Terminal Mall in downtown Brooklyn, across from Barclays Center. The new store is planned to open in October. “We are pleased to welcome Sephora to the tenant mix at Atlantic Terminal Mall, which is one of the busiest...
SJP taps Cushman to find tenant for 11 Times Square
SJP Properties announced that Cushman & Wakefield has been retained to spearhead retail leasing at 11 Times Square, the 1.1 million-square-foot commercial tower located at the southeast corner of 42nd Street and Eighth Avenue. The trophy building is currently home to Microsoft, Proskauer and several other world-class office tenants. The...
Restaurateur to open new Chelsea eatery
Restaurateur Bobby Khorrami has plans to open a casual dining, farm-to-table restaurant at 251 West 30th Street, between 7th and 8th Avenues, near Hudson Yards. The yet-to-be-named restaurant will be located on the East side of the building in an approximately 1,817 s/f space with 20 ft. ceilings and a...
CBRE building retail block in heart of NoMad
In a transaction arranged by CBRE, Diptyque, a Paris-based luxury goods company that produces a high-end line of scented candles, perfumes, face and body care, and Space NK Apothecary London, a British beauty retailer, signed a retail lease at 1165 Broadway for a ten-year term. The commitment by Diptyque and...
Three new retail tenants coming to Liberty Square Center in NJ
National Realty & Development Corp. (NRDC) recently announced that three new tenants totaling 58,690 s/f will be opening at Liberty Square Center in Burlington, NJ. Liberty Square Center is a 380,380 s/f shopping center anchored Walmart Supercenter and Marshalls/HomeGoods located on Mount Holly Road (Route 541). Planet Fitness will open...