Category : Retail

Online retailer Boxed moving to 451 Broadway in Soho
Deals & DealmakersRetail

Online retailer Boxed moving to 451 Broadway in Soho

REW
by REW2430
Savills Studley announced that Boxed has signed a long-term, 12,912 s/f lease at 451 Broadway in Soho. The company, which delivers groceries and household items in bulk at discounted prices, currently occupies approximately 3,000 s/f at 110 Greene Street. Boxed will occupy the entire 2nd floor of 451 Broadway in...
Juice Press leases space at SL Green’s 625 Madison Avenue
Retail

Juice Press leases space at SL Green’s 625 Madison Avenue

REW
by REW859
Newmark Grubb Knight Frank (NGKF) Retail announced the completion of a 12-year lease for Juice Press at 625 Madison Avenue, where the organic juice, smoothie and vegan food producer will take 951 square feet for its newest shop. NGKF Retail’s Associate Director Adam Weinblatt represented Juice Press, while Executive Vice...
Retail

Snowboard retailer relocates from Spring St to Greene St

REW
by REW1039
JLL has successfully relocated Burton Snowboards to 69 Greene Street in SoHo. The snowboard, outerwear and accessories retailer and manufacturer signed a lease for 6,400 square feet of retail space within the historic cast iron building. The tenant, Burton Snowboards, was represented in this transaction by Robert Gibson, vice chairman...
Deals & DealmakersRetail

REIT executive named to Macy’s board amid calls for spin-off

REW
by REW1445
William Lenehan, the CEO of Four Corners Property Trust, has been elected to the board of retailer Macy’s as the company grapples with the strategy of spinning off its real estate assets. Lenehan, who was described as having “extensive knowledge and experience in real estate development and management” in a...
Retail space at 4 West 19th Street goes for $6.4M
Retail

Retail space at 4 West 19th Street goes for $6.4M

REW
by REW1384
Eastern Consolidated has arranged the sale of a 1,574 s/f ground-floor retail condo at 4 West 19th Street. Last summer, the firm’s retail team leased the space to the luxury wallpaper and fabric firm that Jackie Kennedy used to decorate the White House. The Flatiron property traded for $6.4 million...
Levin Management expands portfolio with new retail assignment
Retail

Levin Management expands portfolio with new retail assignment

REW
by REW1612
Retail real estate services organization, Levin Management has been named property management firm for Essex Green, a 351,000 s/f, grocery-anchored shopping center at 495 Prospect Ave. in West Orange. The assignment represents the expansion of Levin’s Essex County retail portfolio, according to Robert Carson, Levin’s executive vice president. “The addition...
Retail

Papyrus signs long-term retail lease with ESRT

REW
by REW1406
Empire State Realty Trust announced that Papyrus, the exclusive stationery retailer, will open a store at 1359 Broadway, where it has signed a long-term lease. The asking rent for the 1,188 s/f space was $400 per square foot. Papyrus’s lease in the Times Square South submarket follows those of other...
Westchester bank continues to grow
Debt & EquityRetail

Westchester bank continues to grow

REW
by REW1382
White Plains-based Houlihan-Parnes Realtors represented The Westchester Bank in a 10-year lease for a 2,050 s/f storefront bank branch at 301-305 Mamaroneck Avenue, Mamaroneck, New York. Jamie Schwartz represented the tenant. The firm’s John Manous represented the owner. According to Schwartz, the space was formally a Radio Shack that had...
Retail

Sleepy’s to open jumbo showroom at Blumenfeld’s East River Plaza

REW
by REW1598
The Blumenfeld Development Group (BDG) announced that they have come to an agreement with Sleepy’s, The Mattress Professionals, on a 10-year lease in their East River Plaza property. The 5,000 s/f, two-level showroom, represents one of Sleepy’s largest showrooms in New York City. In addition to managing the space, BDG...
vineyard vines to make a big splash at Grand Central Station
Retail

vineyard vines to make a big splash at Grand Central Station

REW
by REW1925
vineyard vines, a brand best known for its whimsical neckties and smiling pink whale logo, announced it will begin construction this month on its second New York City retail store, located within Grand Central Station. Set to open late spring 2016, the 42nd Street-facing store front will be adjacent to...