News: Brokerage

Meet the leadership of the NYCREW Network: Faith Hope Consolo

Faith Hope Consolo, the "Queen of Retail," is recognized as much for her knowledge, reputation and style, as she is for her key role in revitalizing and sculpting retail corridors across the country. As chairman of Prudential Douglas Elliman's Retail Group, she oversees the retail division of one of the city's largest residential real estate brokerage firms and the retail operations for Prudential commercial real estate offices (retail services divisions) nationwide, bringing her global clients a national audience. Her experience extends to every type of retailer, every sector of retail real estate, and every location, from global capitals to suburban power centers. She and her team know that style knows no price point. The result is a wide-ranging client base that includes such top-tier fashion names as Louis Vuitton, Richemont, Jimmy Choo, Dior, Ferragamo, and Fendi, and globally based mass merchandisers, such as Benetton, Uniqlo, H & M and Zara. Her real estate clients include private and public investors, entrepreneurial owners and developers with significant portfolios or single assets. She has been instrumental in revitalizing such seminal areas as Times Sq. and Penn Station, and is regarded as a key player in Fifth Ave.'s return as the "Luxury Walk" and Madison Ave.'s achieving its glitter as the "Golden Mile." She has worked in leadership capacities for the Commercial Real Estate Women network (CREW), Association of Real Estate Women (AREW) and International Council of Shopping Centers (ICSC), and has helped such worthy causes as the New York City Opera, Capuchin Food Pantries, City-Meals-on-Wheels, The September Concert Foundation, Women in Need, The Mann Foundation, among others. Profiled in "Brokers Who Dominate," by Rod Santomassimo, CCIM, she has been traveling around the country, spearheading "Women in Retail Real Estate" seminars, panels and roundtables for ICSC's Special Interest Group programs. A "talking head" on Fox News' "Your World with Neil Cavuto," she often makes appearances on programs for Bloomberg-TV, CNN, CNBC, ABC, CBS, MSNBC, NY1 and the major networks. Her oft-quoted mantra, "fashion is my passion," has made Consolo the go-to retail consultant worldwide and a household name.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
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.