News: Brokerage

Consolo and Aquino of Pru. Douglas Elliman lease 3,000 s/f to AQ Kaf

The leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Prudential Douglas Elliman's Retail Leasing and Sales Division, are the exclusive agents for the block front of retail stores that is located at the intersection of Broadway and Central Park South. AQ Kafé, a division of the famed Aquavit restaurant, will open a new 3,000 s/f outpost at 1800 Broadway. One retail spot remains along this landmarked corridor. The 3,000 s/f location at the corner of Broadway and 58th St. is available for any retailer looking to benefit from the city's fifth-highest pedestrian traffic. AQ Kafé currently operates a midtown location on Park Ave. Its new location will have a 2,000 s/f ground level and a 1,000 s/f basement, within a multi-store complex that has been restored. Consolo and Aquino have been instrumental in securing retailers for the complex, including Optique, LensCrafters' high-end sister store, and neighborhood favorite Columbus Wine.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,