Category : Retail

RENA LANGE opens Madison Avenue store
Retail

RENA LANGE opens Madison Avenue store

REW Staff
by REW Staff2965
Newmark Grubb Knight Frank (NGKF) Retail  introduced the first U.S. flagship store for the German upscale fashion brand RENA LANGE, owned by parent Rudigier & Partner. A new storefront on Madison Avenue leads the company’s effort to expand its brands into new markets. RENA LANGE will occupy the entire 2,550...
Robert Gibson heads to JLL
Retail

Robert Gibson heads to JLL

REW Staff
by REW Staff1824
JLL has hired Robert Gibson as vice chairman of New York retail brokerage to lead the expansion of the firm’s retail platform in Manhattan. Gibson will be responsible for the growth of retail tenant and agency leasing in New York. Most recently a vice chairman with Cushman & Wakefield Inc.’s...
Bank moves to Parkway
Retail

Bank moves to Parkway

REW Staff
by REW Staff753
The CPEX New York Retail Leasing Team completed a lease with Capital One Bank at 341 Eastern Parkway in Brooklyn. The property is a new mixed-use development with 63 residential units and 7,533s/f of ground floor retail space. Of that, Capital One will occupy approximately 3,000 s/f. The national bank...
J. Crew spin-off opens Mad boutique
Retail

J. Crew spin-off opens Mad boutique

REW Staff
by REW Staff762
Manhattan Skyline announced that Madewell, a high-quality spin-off boutique of J. Crew, has signed a deal at 1144 Madison Avenue, between East 84th and East 85th Streets. This will be its newest store in Manhattan and its first uptown space. Madewell is situated between the new Teavana Fine Teas +...
Meridian arranges $200M loan for Sutton retail buy
Debt & EquityRetail

Meridian arranges $200M loan for Sutton retail buy

REW Staff
by REW Staff1001
Meridian Capital Group arranged $200 million in acquisition financing for the mixed-use commercial building located at 530 Broadway in New York, on behalf of a venture led by Jeff Sutton’s Wharton Properties. The three-year financing was provided by a national balance sheet lender and features a competitive LIBOR-based spread and...
Red tape and runaway rent eating away at restaurant biz
FeaturedRetail

Red tape and runaway rent eating away at restaurant biz

Sarah Trefethen
by Sarah Trefethen1889
Fast casual, fine dining, home-style, Ethiopian, Japanese, take-out, all-you-can-eat, Michelin-starred, vegetarian, barbecue, disco-themed: restaurants vary more than the people who eat in them. Restaurant owners have a similarly wide range of attitudes towards their real estate dealings. This fact was on display at a panel event the Real Estate Board of New York hosted for members last week, titled “The Art of Making a Restaurant Deal in NYC.”
FeaturedRetail

Mexican eatery hungry for more space

REW Staff
by REW Staff1357
Popular Manhattan-based Mexican restaurant Choza Taqueria has signed a lease for its third location at 100 Park Avenue, between 40th and 41st Streets. Winick Realty Group broker Ross Burack represented Choza, which currently operates storefronts on Madison Avenue and 27th Street, as well as Macdougal Street and Bleecker Street. “Each...
Retail

Warby Parker opens third NYC store

REW Staff
by REW Staff2028
Winick Realty Group brokers Darrell Rubens and Lee Block announced that, after working closely with landlord Samy Mahfar of SMA Equities since 2012, a new tenant has leased the retail space at 1209 Lexington Avenue, on the southeast corner of East 82nd Street. Warby Parker, the hip eyeglass brand with...
Retail

Restaurant Row space available

REW Staff
by REW Staff893
Lee & Associates is marketing a multi-level restaurant space at 334 West 46th Street, between Eighth and Ninth Avenues, containing 4,000 s/f of grade-level space, 3,000 s/f in the lower level and 500 s/f of outdoor space. Garry Steinberg and JP Sutro hold the exclusive agency for the Restaurant Row...
Radio Shack shake-up a good thing for shoppers
RetailViews

Radio Shack shake-up a good thing for shoppers

REW Staff
by REW Staff930
By Faith Hope Consolo, chairman Retail Sales, Leasing and Marketing, Douglas Elliman It’s not exactly surprising that yet another electronics retailer, Radio Shack, is retrenching, announcing earlier this month that it will close 1,100 of its more than 5,000 stores around the United States. Competition has killed more than one...