Category : Retail

Retail

IT’SUGAR expanding to more than 100 stores

REW
America’s biggest specialty candy retailer has been bought for $97 million in a deal that will put more stores on city streets. BBX Capital Corporation acquired the Florida-based IT’SUGAR, LLC, which currently has 95 locations in 26 states generating $78 million a year. BBX Capital said its investment represents 93...
Japanese restaurant Tamashii opening third Queens location
Retail

Japanese restaurant Tamashii opening third Queens location

REW
Japanese restaurant Tamashii is opening its third Queens location at 71-34 Austin Street in Forest Hills. Tamashii, which has specialties such as miso ramen and shoyu ramen, signed a 15-year, 2,900 s/f lease for the ground floor and the lower level. The space is flanked by Victoria’s Secret and Sephora...
Retail

Aquino marketing Paul & Shark’s Madison Avenue space

REW
Retail veteran Joe Aquino has been tapped to sub-lease a prime Madison Avenue retail space currently occupied by Italian clothing brand, Paul & Shark. The 3,064 s/f space at 667 Madison Avenue is located directly across from Barney’s NY Department Store. It comprises 1,464 s/f on the ground floor with...
Guitar Center opens first mall location
Retail

Guitar Center opens first mall location

REW
California-based Guitar Center, the world’s largest musical instrument retailer with nearly 300 locations across the United States, has opened its first mall location amid a flurry of new lease deals. SCG Retail, a division of The Shopping Center Group, arranged five leases for Guitar Center in the past six months, including...
Retail

Famed falafel restaurant brings Hudson Lights retail to 80 percent occupancy

REW
The 140,000 s/f of retail space at the new Hudson Lights development in Fort Lee, NJ, is now 80 percent leased, exclusive agent RKF announced. The firm’s Glenn Beyer just closed on a deal with Mamoun’s Falafel to join the mix of retailers at the one-million-square-foot residential, retail and entertainment...
Retail

Brooklyn Market signs Westchester Square deal

REW
Greenstone Realty, the exclusive leasing agent for Rivertowns Square in Westchester County, has finalized a lease with Brooklyn Market of Williamsburg, Brooklyn. Brooklyn Market has filed for building permits and plans to open a new 18,000 s/f store by the end of 2017. Brooklyn Market is a full-service purveyor of...
Indian joint Chawla’s 2 opens at 216 Third Ave. in Gramercy Park
Retail

Indian joint Chawla’s 2 opens at 216 Third Ave. in Gramercy Park

REW
Chawla’s 2 US announced the soft opening of their first Manhattan franchise restaurant, in Indian food-loving Gramercy Park. Located at 216 Third Avenue, at 19th Street, the 30-seat restaurant is now open for lunch and dinner seven days a week. Founded in 1960 in India by S. Attar Singh Chawla,...
Retail

Heller bringing brand new Fulton Street retail to market

REW
Adam Heller and Joshua Singer of the Heller Organization are bringing 6,000 s/f of new retail space to market at 60 Fulton Street. Situated at the base of the nearly-completed luxury rental building Exhibit, the street level retail features 125 linear feet of all-glass frontage, primarily along Fulton Street, 21...
Retail

Nike and NFL/Cirque du Soleil retail deals win REBNY awards

REW
Retail deals completed on Fifth Avenue and in Times Square were announced as the top retail transactions of 2016 at the Real Estate Board of New York’s (REBNY) 19th Annual Retail Deal of the Year Cocktail Party at Club 101 Tuesday night. Joanne Podell, Executive Vice Chairman at Cushman & Wakefield,...
Deals & DealmakersRetail

City’s first French-Japanese pastry cafe lands in Greenwich Village

REW
Patisserie Fouet, New York City’s first French Japanese pastry café, will soon be opening at 15 East 13th Street in Greenwich Village in a 1,900-square-foot space arranged by Eastern Consolidated’s Retail Leasing Division. Joe Robinson, a Senior Director at Eastern Consolidated, represented restaurateur Huey Cheng in securing the 10-year lease,...