Consolo and Aquino of Prudential Douglas Elliman coordinate 2,700 s/f lease
The leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president, of Prudential Douglas Elliman's Retail Leasing and Sales Division, represented the landlord in leasing 1242 Madison Ave., a sought-after Madison Ave. corner location, to prominent Parisian children's apparel company Jacadi.
This new boutique will be Jacadi's fifth and one of its largest Manhattan locations, occupying 1,500 s/f ground level and over 1,200 s/f in the basement.
"With so many strollers flooding the sidewalks of this side of Madison Ave. every day, high-fashion children's apparel shops are in high demand," said Consolo. "Jacadi has long been established as a premier designer, and is opening another area location in response to the growing demand from the neighborhood's large population of well-heeled patrons."
"Madison Ave. never fails to attract the best retailers from around the world," said Aquino. "As soon as we began our marketing campaign for the property, we heard from a myriad of renowned companies, all competing to attain the tony address."
Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,