News: Brokerage

Consolo team of Douglas Elliman market retail corner

The leasing and sales team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president, and Arthur Maglio of Douglas Elliman's retail group has been awarded the exclusive agency for 285 St. Nicholas Ave., a 3,000 s/f space with a 1,500 s/f basement and more than 135 feet of wraparound frontage that includes the northwest corner of 124th St. In addition, it directly faces Harlem USA, the groundbreaking entertainment complex with such retail as Old Navy, Modell's Sporting Goods, Chuck E Cheese's, Nine West, New York Sports Club, Chase and TD Bank and the world-renowned Magic Johnson Movie Theatre. The development, which set a benchmark for the corridor more than a decade ago, has also paved the way for numerous newcomers in the area, including DSW, Joe's Crab Shack, Blink Fitness, Red Lobster, GAP, Whole Foods, American Eagle, and Burlington Coat Factory. "This is the Harlem version of Main & Main, and it comes with astounding double frontage and space," said Consolo. "Not only does St. Nicholas Ave. span three neighborhoods that include the 125th St. retail corridor and one of the busiest subway stations in the city, it all but intersects Columbia University. So the sky's the limit with possibilities and the kind of traffic the right business will generate." Maglio said, "Here is a space that is convenient to everything, from a well-branded retail center across the street to super transportation, high-end residential development and a host of fabulous restaurants, lounges, and theaters, with more opening every day. Aloft Hotel is also close by, which makes this a great destination spot for tourists, as well as the community."
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