Category : Retail

Colliers, Madison Square arrange sale-leaseback of 1009 Nostrand Avenue
Retail

Colliers, Madison Square arrange sale-leaseback of 1009 Nostrand Avenue

REW
Colliers International and its MBE (Minority Business Enterprise) alliance partner, Madison Square Realty, have jointly arranged the sale-leaseback of 1009 Nostrand Avenue. Carver Federal Savings Bank sold its 3,500 s/f retail bank branch property in Crown Heights, Brooklyn, to 3M Management for $2.4 million. As part of its ongoing commitment...
Bank of America to open new branch at 250 West 57th Street
Retail

Bank of America to open new branch at 250 West 57th Street

REW
Empire State Realty Trust announced that Bank of America will call Billionaire’s Row home. The newest branch will be a 4,432 s/f retail space at 250 West 57th Street, directly opposite Nordstrom’s new flagship store, scheduled to open in 2018. “We now have a concentration of quality retailers on West...
RKF brings Two Trees’ 60 Water, 115 Flatbush projects to market
Retail

RKF brings Two Trees’ 60 Water, 115 Flatbush projects to market

REW
RKF has been selected as the exclusive retail leasing agency for two new mixed-use developments in Brooklyn. The firm will be marketing more than 55,000 s/f at Two Trees Management’s 60 Water Street in DUMBO and BAM South at 115 Flatbush Avenue in the Brooklyn Cultural District. Vice Chairman Barry...
Fisher Brothers sells 37 Warren retail for $11M
Retail

Fisher Brothers sells 37 Warren retail for $11M

REW
Fisher Brothers has bagged $11 million for a retail condo at 37 Warren just a few months after partner Winston Fisherʼs gym there shut up shop. HUBB NYC, the firm previously known as Trevi Retail, bought the Tribeca retail condo – its second buy since the beginning of the year....
Juice Press signs lease at 207 Seventh Avenue
Retail

Juice Press signs lease at 207 Seventh Avenue

REW
TerraCRG has completed a retail lease at 207 Seventh Avenue, a 900 s/f space that includes an additional 450 s/f of dedicated outdoor space. The building is located on the corner of Third Street and Seventh Avenue in the Park Slope neighborhood of Brooklyn. The space, which benefits from highly...
Retail

Capital One takes 7,900 s/f space at 1221 Avenue J

REW
Thor Equities has leased its 7,900 s/f retail building at 1221 Avenue J in Brooklyn to Capital One, company executives announced. Located on a highly trafficked corner of Midwood, a thriving residential and retail community, the three-level property features over 135 feet of frontage on Avenue J and East 13th...
Banks cutting branches as operations go online
FeaturedRetail

Banks cutting branches as operations go online

REW
Cashing a check may soon become a more complicated proposition. This is because major banks are growing leaner by the quarter, trimming branches as tellers and ATMs face an existential threat. The closing of branches come as large banks implement cost-cutting measures that include removing thousands of employees from their...
Couture Kids opening store in the Upper West Side
Retail

Couture Kids opening store in the Upper West Side

REW
Bertwood Realty announced the signing of an 1,096 s/f, five-year lease for the high-fashion children’s retailer, Couture Kids at 324 Columbus Avenue on the Upper West Side. Specializing in designer clothing for children with such brands as Fendi, Petit Bateau, Young Versace and Roberto Cavalli, this marks Couture Kids second...
Former ICSC honcho Rudolph Milian launches retail real estate consultancy
Retail

Former ICSC honcho Rudolph Milian launches retail real estate consultancy

REW
Rudolph E. Milian, former senior staff vice president of the International Council of Shopping Centers and a retail real estate development executive, has launched Woodcliff Realty Advisors LLC. The full-service management consultancy brings together a group of retail and real estate professionals and experts to serve shopping center companies, retailers,...