Category : Retail

Forget the pool parties; Brendan Gotch dives into dealmaking
Deals & DealmakersFeaturedRetail

Forget the pool parties; Brendan Gotch dives into dealmaking

REW
The annual ICSC gathering at the Las Vegas Convention Center had started — but not where you'd think. “It's funny, its just not here,ˮ Massey Knakal’s Brendan Gotch told Real Estate Weekly at his company's booth on Sunday. “Everybody is at the pool scene, as always, and it’s packed, it’s been non-stop there. The pool is busier than it is here. “I probably won’t sign any leases while I'm here, but you can definitely go from zero to 60 percent at this kind of an event,ˮ he said
American Dream coming true at big Vegas convention
HeadlineRetail

American Dream coming true at big Vegas convention

REW
American Dream mall developers, Triple Five, chose the annual ICSC convention in Vegas this week to announce they have signed two major department stores and added more store space to meet demand from retailers. Paul Ghermezian, COO of Triple Five, said that leasing at $2 billion shopping center in New Jersey's the Meadowlands is going “very brisklyˮ and the mall is on schedule to open in the fall of 2016 The mall developer is part of the New York City real estate exodus to Las Vegas for the annual ICSC RECon. Some 33,000 brokers, developers and retailers are here, topping last year’s 32,000. And the mood is markedly upbeat, despite the inevitable swollen feet and sleep deprivation,
Retail

Thor loves newest Times Square store

REW Staff
New York City retail gift store ‘I Love NY Gifts by Phantom of Broadway’ is coming to a brand new location at 700 8th Avenue, … Continued
Retail

CBRE recognizes retail stars

REW Staff
CBRE Group, Inc. today announced that the following Retail Services professionals have been recognized for their achievements last year: Andrew Goldberg, a Vice Chairman in Midtown Manhattan, was the firm’s #1 retail performer in 2013. Jeff Kittleson, a Senior Vice President in Dallas, Texas, earned the firm’s Larry Perrish Award,...
Deals & DealmakersFeaturedRetail

For his next trick, Farkas eyes NYC

REW Staff
Successful Long Island developer, Joe Farkas is on the hunt for opportunities in New York City and the boroughs. “That’s where were looking to expand our business,” Farkas told Real Estate Weekly, adding that he is currently looking at a handful of properties to buy. Farkas said his likely next targets are properties located in industrial parts of Brooklyn, Queens and the Bronx
FeaturedRetail

Coveted Carnegie Hill corner comes to market

REW Staff
A half block-front of retail space in one of New York's most affluent markets has just hit the market. Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president of Douglas Elliman's Retail Group have been awarded the exclusive agency for the space at 1370 Madison Avenue, on the southwest corner of 96th Street in Carnegie Hill. The space has over 100 feet of frontage along the Avenue, which continues around the corner.
Next! Brookfield’s Ed Hogan has Las Vegas check list
FeaturedRetail

Next! Brookfield’s Ed Hogan has Las Vegas check list

REW
When retail brokers and executives converge on Las Vegas next week for one of the industry’s biggest conventions, many will be looking to make pitches and seal deals. One of the most talked-about retail centers is lower Manhattan’s Brookfield Place (formerly the World Financial Center) which is undergoing a $250 million upgrade to its retail and public space. Brookfield’s director of retail leasing Ed Hogan will be attending the International Council of Shopping Center’s annual RECon convention in Las Vegas May 18-20, a global gathering for those in the retail industry. While he said he will be taking “a lot” of meetings, he is looking more toward the future and the company's Manhattan West project.
Sitt son buys chic Soho site
Deals & DealmakersFeaturedRetail

Sitt son buys chic Soho site

REW Staff
A new joint venture between Colt Equities and Ruby Ventures has paid $14 million for the leasehold of 11 Greene Street and plans to build a mixed-use development at the site. Plans for the property include 16,000 s/f of total ground-floor and lower-level retail space as well as over 30 rental units on floors 2-6, with a partial mezzanine level on the 7th floor.
Winick comes to market with two ‘game-changing’ offerings
Retail

Winick comes to market with two ‘game-changing’ offerings

REW Staff
Winick Realty Group has just won two major new retail assignments. The firm’s Melinda Miller is the exclusive broker for a 75,000 s/f multi-level Times Square space. And in downtown Brooklyn, Jeff Winick is leading a team marketing what’s been dubbed a “game-changing” opportunity created by Red Apple Real Estate....