Food Bazaar to open at One East Harlem
ABS Partners secureS a 45,885 s/f, 20-year pre-development lease for Food Bazaar at One East Harlem, a one-acre, mixed-use development on East 125th Street.
Category : Retail
REBNY names Retail Deal of the Year winners
Jeffrey Roseman colletcs his fifth REBNY Retail Deal of the Year Award
Thor signs 7-11 at 88 Greenwich Street
Thor Equities has leased a portion of 88 Greenwich Street in the Financial District to 7-11, company executives announced. The international chain of convenience stores has signed a long-term deal for 2,800 s/f of retail at the building owned by Thor Equities. Situated near 1 WTC, Brookfield Place, The Oculus,...
Barber joins Bond retail collection
TF Cornerstone announced Neighborhood Cut and Shave has opened an 801 s/f location on the ground floor of 33 Bond Street, a 714-unit luxury rental building in Downtown Brooklyn. The barbershop joins a variety of culinary, fitness, and convenience retailers including Chelsea Piers, Devoción coffee shop, Dépanneur Wines, and more....
Feil finishes filling Madison arcade
The Feil Organization has completed the releasing of the retail arcade at 488 Madison Avenue, signing Mephisto Shoes to 1,854 s/f and Mighty Bowl to 800 s/f. Both are expected to open in the fall. Indochino, Bonobos Guideshops, UNTUCKit, City Hats, and Jack Erwin have all opened at the 51st...
Hudson Cos. to bring rooftop restaurant to Williamsburg
The Hudson Companies Inc. announced a new lease signing with a rooftop restaurant and bar at The Breeze, a renovated creative class office building at 315 Meserole Street in East Williamsburg,. Located adjacent to Netflix’s recently announced new studio complex, the restaurant, bar, and event space will be developed by...
Republic Bank takes Union Square corner
RFR announced that Republic First Bancorp signed a 15-year retail lease at 90 Fifth Avenue. The lease agreement totals 7,748 s/f, including 3,920 s/f on the ground floor and 3,828 s/f on the lower level of the 140,000 s/f property, which is located at the corner of Fifth Avenue and...
Hungry New Yorkers forking over thousands to eat out in the city
New Yorkers spend $8,082 per year on food outside the home (including take-out), according to a new report from CBRE. This is 130 percent percent more than their peers across the United States, which spend an average of $3,512 per year. When it comes to real estate, Food and Beverage...
As rents take a nose-dive retailers start to get serious about leases
In spring 2019, average asking rents for available ground floor retail spaces decreased year-over-year in 12 of the 17 Manhattan corridors analyzed by the Real Estate Board of New York (REBNY) in its bi-annual Manhattan Retail Report. As rents continue to correct, REBNY’s Manhattan Retail Report Advisory Group has observed...
Paper or plastic? Not at Brookfield shopping centers
Brookfield Properties announced it has agreed to serve as the real estate partner of Loop, a zero-waste packaging platform designed to address the issue of waste at its source by providing consumers a circular shopping experience and encouraging manufacturers to own and take responsibility for their packaging. With Loop’s first...