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[22 Oct 2014 | No Comment | ]

TerraCRG has been retained as the exclusive agent for the lease of the retail space directly across the street from the Barclays Center, at 166 Flatbush Avenue.
Ofer Cohen, Founder and President of TerraCRG, Vice President of Investment Sales and Leasing Dan Marks, and Associate Joey Terzi are exclusively representing the owner.
166 Flatbush Avenue is across the street from the Barclays Center main entrance and is sandwiched between Shake Shack and the soon-to-open True Religion retail store.
The leasable area consists of 3,700 s/f on the ground floor and 3,700 s/f on …

Retail »

[22 Oct 2014 | No Comment | ]

Bertwood Realty announced the opening of a 300 s/f store for the Long Island-based cut-flower wholesaler, Dutch Petals, at 165 Church Street.
The store, between Chambers and Reade, will be used as a retail/wholesale outlet.
Dutch Petals is direct importer of cut flowers from around the world, buying direct from sources in South America and Europe, including the Holland Auction.  Dutch Petals provides flowers to major markets and other outlets including Citarella, Union Market and Gourmet Garage.
Lou Guillen, president of Dutch Petals signed the deal for the flower wholesaler.
According to Abe Bichoupan, …

Retail »

[22 Oct 2014 | No Comment | ]

New Street Realty Advisors has leased the former Tommy Lasagna restaurant at 119 East 18th to Javelina TexMex, a new upscale TexMex concept.
At the helm of Javelina is restaurateur Matt Post. Javelina will take occupancy immediately and plans to start serving their upscale south-of-the border fare in the first quarter of 2015.
They will join other successful restaurants in and around the Gramercy neighborhood, including Friend of the Farmer, The House, Pure Food & Wine, Yama, Casa Mona and Pierre Loti.
Joshua D. Kaufman of New Street Realty Advisors acted on behalf of …

Opinion, Retail »

[22 Oct 2014 | No Comment | ]

By Faith Hope Consolo, chairman, The Retail Group,
Douglas Elliman Real Estate
The tech giants are coming. Within less than two weeks, Microsoft announced that it would open a Fifth Avenue flagship store just blocks from Apple’s iconic location on the avenue, and Amazon said it would open a pop-up shop on West 34th Street, steps from Herald Square and the Empire State Building.
Microsoft has been opening stores around the country (it should have nearly 125 by year-end), so it was simply a matter of time before it found the right location …

Featured, Retail »

[21 Oct 2014 | No Comment | ]
Retail brokers create silk purse from sow’s ear

Winick Realty Group helped a Nolita property owner turn an eyesore into a haven for the artsy set.

Executive vice president Darrell Rubens and colleague Lee Block counselled landlord Samy Mahfar to turn the ground floor apartments are 22 Spring Street into shops.

“Landlord Samy Mahfar made a substantial investment to refurbish what had previously been an eyesore on the block,” said Rubens.

Featured, Retail »

[21 Oct 2014 | No Comment | ]
Villard Mansion clicks with online retailer

High-end menswear e-tailer, Trunk Club, will open its first store at The Villard Mansion on Madison Avenue on November 1.

CBRE Group, Inc. announced today (Tuesday) that it represented the New York Palace Hotel, operated by Northwood Hospitality, in the 26,190 s/f retail lease for the New York flagship store of Trunk Club, an online store bought by Nordstrom earlier this year.

Featured, Retail »

[20 Oct 2014 | No Comment | ]
NGKF lands Grand Central leasing assignment

The Metropolitan Transportation Authority has tapped Newmark Grubb Knight Frank (NGKF) retail team to lead the leasing of Grand Central Terminal.

NGKF executive vice president Mitch Friedel will lead the exclusive leasing assignment. Friedel, whose resumé also includes the leasing of The Shops at Columbus Circle at the Time Warner Center, one of world’s top-producing retail shopping centers by revenue, will work with his team to continue to diversify the retail and restaurant mix in part by engaging new, popular brands expanding in New York to create a fresh shopping experience at Grand Central Terminal.

Featured, Retail »

[16 Oct 2014 | No Comment | ]
Supermarket of the superhighway arrives in Garment District

The Seamless.com of supermarkets has arrived in the Garment District.

Colliers just installed MaxDelivery in a 9,800 s/f space at 318 West 39th Street as part of a roll-out that will see the hybrid grocery store and delivery service spread out across Manhattan.

Retail »

[15 Oct 2014 | No Comment | ]

TerraCRG, a Brooklyn-based commercial real estate brokerage and advisory firm, has been retained as the exclusive agent for the lease of the retail space directly across the street from the Barclays Center, at 166 Flatbush Avenue.
Ofer Cohen, founder and president of TerraCRG, Dan Marks and Joey Terzi are exclusively representing the owner.
166 Flatbush Avenue is sandwiched between Shake Shack and the soon to open True Religion retail store. It offers 3,700 s/f on the ground floor and 3,700 s/f on the basement level. The building has 38 ft of frontage on …

Retail »

[15 Oct 2014 | No Comment | ]

New York-based fashion designer Jill Stuart has moved from her former Greene Street location, signing a long term lease for a new flagship store in Soho at 466 Broome Street.
Susan Penzner, Nathan Stange and Thomas Mahl, of Susan Penzner Real Estate, represented the tenant in the deal. CBC Alliance’s Steve Tarter and Catherine O’Toole represented the landlord.
The 1,100 s/f store is situated in a storied landmark building in Soho’s Cast-Iron Historic District and was designed by Belgian architect Francis D’Haene of D’Apostrophe, whose recent work includes the Dominique Lévy Gallery …

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