Category : Retail

Brookfield sells shares in three more mall properties
Deals & DealmakersFeaturedRetail

Brookfield sells shares in three more mall properties

REW
One day after completing a $15 billion acquisition of one of the largest retail portfolio’s in the country, Brookfield Property Partners has already closed two deals for six of those properties. After the property management company wrapped up its purchase of GGP Inc. and it’s 125 retail assets on Tuesday,...
Abrams is latest Eastern Consolidated alum to join Compass
Retail

Abrams is latest Eastern Consolidated alum to join Compass

REW
Robin Abrams is joining her former Eastern Consolidated colleagues at Compass’ new Commercial Division. The real estate technology company announced that the retail powerhouse and her team, Abrams Retail Strategies, will join the division launched earlier this month by Adelaide Polsinelli and Ronda Rogovin. Abrams and her team will help...
Ceramics studio joins Pacific Park roster
Retail

Ceramics studio joins Pacific Park roster

REW
Greenland Forest City Partners announced that BKLYN CLAY, a local ceramics studio, has signed a ten-year, 5,260 s/f lease at 535 Carlton Avenue, an all-affordable building in Brooklyn’s Pacific Park neighborhood. Scheduled to open this October, the ground-floor retail location will offer 24/7/365 membership access, semester-long classes, workshops and one-time...
Retail

Colombian cookery star opening in West Village

REW
The Worldwide Leasing Team of Faith Hope Consolo and Arthur Maglio at Douglas Elliman arranged a lease for SoFresco at 95 Greenwich Avenue in the West Village. SoFresco signed a 15-year lease for the 1,100 s/f space where it will serve up fresh takes on traditional Colombian fare for its...
High fliers give airport food an upgrade
Retail

High fliers give airport food an upgrade

REW
Governor Andrew M. Cuomo is giving LaGuardia travellers plenty to chew over with a helping of high profile restaurant offerings from some of the biggest names in the business. Hospitality guru Danny Meyer and celebrity chefs Scott Conant and Julian Medina will each serve up New York-inspired eating experiences in...
RETAIL BRIEFS: Latest Essex Crossing vendors revealed; New grocery market to open in DUMBO
Retail

RETAIL BRIEFS: Latest Essex Crossing vendors revealed; New grocery market to open in DUMBO

REW
● Delancey Street Associates New vendors for MarketLine Delancey Street Associates (DSA) announced the latest round of vendors joining the Market Line at Essex Crossing on the Lower East Side. The newest vendors include Lower East Side Vietnamese staple Pho Grand, up and coming star Moon Man’s first brick and...
Grand Canyon Diner reaches Brooklyn Heights
Retail

Grand Canyon Diner reaches Brooklyn Heights

REW
James Famularo and Eliot Goldschmidt of Meridian Retail Leasing, arranged a 15-year lease for the American eatery Grand Canyon Diner at 143 Montague Street in Brooklyn Heights. Famularo and Goldschmidt represented the landlord and the tenant. The restaurant features 2,000 s/f of ground-level space and 21 feet of frontage on...
Uber drives $24M mall refi
Debt & EquityRetail

Uber drives $24M mall refi

REW
Uber Capital Group has sourced a $24.05 million debt refinancing of the acquisition loan for the purchase of the Logan Valley Mall. The two-story, 785,000 s/f property is located at 5580 Goods Lane in Altoona, the largest city of Blair County, Pennsylvania. Led by president and founder Joel J. Gorjian,...
Queens-based restaurant lands new East Village location
Retail

Queens-based restaurant lands new East Village location

REW
Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for Vite Vinosteria, an Astoria-based restaurant at 190 East Second Street on the border of the East Village and Alphabet City. President of New York retail leasing, James Famularo, and director, Clayton Traynham, represented the...
Retail

Taco Bell debuts Manhattan cantina

REW
Taco Bell Cantina is poised to make its debut in New York City after signing a lease for its first Manhattan location at 500 Eighth Avenue in the Penn Station corridor. Taco Bell Cantinas serves a custom menu, along with alcoholic beverages, and features an elevated build-out with an open...