News: Brokerage

Cohn and Klinger of SCG Retail arranges 1,680 s/f lease to Fillmore & 5th at 398 Broome Street

SCG Retail, a division of The Shopping Center Group, completed the signing of a 1,680 s/f lease for Fillmore & 5th at 398 Broome St. between Mulberry St. and Cleveland Place. Fillmore & 5th is the latest retail concept from Crossroads Trading Co., the new and recycled fashion retailer that has been serving fashionable and environmentally-conscious customers since 1991. They have 32 stores nationwide including two in New York City. Jordan Cohn, the exclusive SCG Retail broker for Crossroads in the New York Metro, said, "Fillmore & 5th was created to provide a boutique shopping environment for quality resale for discerning customers. Broome St. is a wonderful location for them because it bridges SoHo and NoLita, playing off of all of the great retail and food emerging on Lafayette." 398 Broome St. is owned by Coral Broome Street, LLC and was represented by Darrel Rubens and Aaron Fishbien of Winick Realty. Fillmore & 5th is a designer consignment boutique specializing in clothing and accessories for men and women at a fraction of the original retail price. "Crossroads has taken advantage of a consumer trend that desires quality resale and consignment of vintage apparel, combined with the hottest designer clothing and accessories," said Jacqueline Klinger from SCG Retail, who also represented the tenant. "Now that the economy is showing signs of recovery, the time couldn't be better for a concept like Fillmore & Even"
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional