News: Brokerage

Consolo and Aquino of Prudential Douglas Elliman and Judson Realty arrange lease

The leasing and sales team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president of Prudential Douglas Elliman's Retail Group, has arranged the American debut of Caramel Baby & Child at 1244 Madison Ave., between 89th and 90th Sts. The lease term was 10 years. Consolo and Aquino represented the landlord in the 800 s/f transaction. The tenant was represented by Judson Realty, LLC. "We are considered leaders in recreating and enhancing retail landscapes, arranging the best possible choices for retailers," said Consolo. "There is a strong demand for luxury children's clothing in this particular neighborhood, which is affluent, family-oriented and in close proximity to select private and public schools and major museums." Aquino said, "Faith and I have been responsible for leasing many children's brands on the Upper East Side, as well as totally repositioning the block-fronts. We understand luxury brands and the value they bring to a property." The stylish label, which currently has stores in London and Tokyo, specializes in clothing for babies through toddlers, using such sumptuous fabrics as cashmere from Scotland and an array of superfine cottons. The newest location is on a corridor that is regarded as a center for children's clothing, and home to such prominent neighbors as Armani Jr., Jacadi, Baby Cottons, J. Crew Cuts, Pink Chicken, Brooks Brothers Children and Rachel Riley.
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
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,
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
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
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,