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Deals & Dealmakers

RETAIL: David’s Bridal to Roosevelt Raceway, Godwin headed towards major renovation

●New Street Realty Advisors
David’s Bridal opens at Roosevelt Raceway

New Street Realty Advisors secured a new location for David’s Bridal at the Roosevelt Raceway Shopping Center, a 47-acre, 427,000 s/f power center located at 1250 Corporate Drive in Westbury, New York.

Roosevelt mall
Roosevelt mall

The new store, which totals 15,380 s/f joins a tenant roster which includes Loews Multiplex Theatres, Applebee’s, Joe’s Crab Shack, Fairway, Home Depot, PGA TOUR Superstore and Michaels.

Matthew J. Gorman and Joshua W. Gettler, Managing Partners of New Street Realty Advisors, acted on behalf of David’s Bridal in securing the long-term lease. Peter Botsaris of Botsaris Morris Realty Group represented the landlord, Mattone Group.

David’s Bridal is the nation’s leading bridal retailer with over 280 stores nationwide featuring wedding gowns, dresses, and accessories for the entire wedding party.

●Accordia Realty Ventures
Ripco, NJ, to lease makeover mall

Curtis Nassau of Ripco Real Estate, New Jersey, announced that Godwin Plaza in Midland Park is to undergo a major renovation and repositioning.

The center, located at 644-658 Godwin Avenue, was purchased last year by Accordia Realty Ventures of Fairfield, NJ, with the intention of transforming the aging center.

According to Jason Bogart, principal of Accordia, “Midland Park is a terrific community. We see the demand for new retail space in the market. As such, we plan to make a major investment in the center and reposition it as The Shoppes at Godwin in order to best serve this need,”

“We’ve hired Ripco to help us with our leasing because of their deep market knowledge, breath of marketing resources and ability to reach retailers,ˮ said

Sarah Loudon, director of marketing for Accordia.

Along with Nassau, Alison Horbach and Mike Rawlins are a part of the team spearheading the assignment for Ripco. “The Shoppes at Godwin is well positioned to service the surrounding communities,ˮ said Rawlins.

“There is a need for new retail space with good parking. The Shoppes at Godwin could be ideal for restaurants, salons, spas and other service related tenants.”

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