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[30 Oct 2014 | No Comment | ]
TF Cornerstone taps Winick to market Union Square retail site

Winick Realty Group announced that TF Cornerstone has selected Steven E. Baker, president, and Aaron S. Fishbein to exclusively market the prime Union Square retail availability at 7 East 14th Street.
Located between University Place and Fifth Avenue, the 2,400-square-foot space is ideally situated for retailers looking to capitalize on the 24/7 foot traffic coming from not only Union Square but also the nearby Flatiron District.
“We are pleased to once again represent a well-positioned retail property from the TF Cornerstone portfolio,” said Baker. “The excitement and activity in this area of …

Retail »

[29 Oct 2014 | No Comment | ]

Cushman & Wakefield announced that TF Cornerstone has appointed the real estate firm to serve as exclusive retail agent for 645 Madison Avenue.
The property is located on the southeast corner of 60th Street, which is one of the best intersections in the Madison Avenue retail district. The building offers 190 feet of wrap around frontage and approximately 40,000 square feet of space over multiple levels.
Joanne Podell and Andrew Kahn are the retail agents for the building.
“645 Madison Avenue is one of the most highly visible retail flagship locations in New …

Retail »

[29 Oct 2014 | No Comment | ]
‘Year of the department store’ sign of good things to come

By Dan Orlando
Brick-and-mortar retailers shouldn’t be afraid of online retail – they just have to make their store experience more interesting.
That was one of the topics discussed along with the state of the retail market in NYC at a recent ULI Fall Conference panel at the Javits Center.
Douglas Elliman Retail Chair Faith Hope Consolo joined J. Rodgers Kniffen WWE CEO Jan Rodgers Kniffen, and the Fung Business Intelligence Center executive director/head of global retail research Deborah Weinswig for the Shopping Laboratory: New York City as a Global Center of Retail …

Featured, Retail »

[28 Oct 2014 | No Comment | ]
Target to open second DoBro store

Downtown Brooklyn is getting another Target in 2016, and this one will be specially designed for urban dwellers.

Target recently announced that it is planning to open one of its newer “urban-concept” stores, CityTarget, in Downtown Brooklyn’s City Point, a 1.9 million s/f mixed-use development.

Featured, Retail »

[23 Oct 2014 | No Comment | ]
Scots make US debut

RKF arranged a lease at 1200 Madison Avenue on the Upper East Side with upscale Scotland-based knitwear company, Brora.

It is the Scottish clothing brand’s first US location

Retail »

[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.

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