News: Brokerage

Outside the Region: EXETER Retail DataHub to supply retail sales data analytics for Related Cos.

New Orleans, LA The Related Cos. is providing its retail tenants in The Shops and Restaurants at its Hudson Yards mixed-use complex with EXETER Retail DataHub, according to Kenneth Lamy, CRRP, CRX, founder and CEO of DataPoint International LLC (DPI). The EXETER data management platform is the industry’s first digital solution dedicated to the reporting, analysis and benchmarking of all components of retail sales data.

“Adapting to a new technology is not easy and a challenge, but the EXETER team and our tenant advocates have worked closely to make sure retail tenants have a good experience,” said Bryan Gaus, senior general manager, Hudson Yards Retail. “On our side, as other Related properties come on board, the comparative data sets and benchmarking will be even more useful.”

Real data in real time can be accessed by the landlord’s authorized representative via desktop, laptop, tablet or even smartphones over a secure connection. 

“Everything about Hudson Yards is beyond state-of-the-art, so this grand opening was the perfect opportunity to institute the first data solution designed specifically for landlords and retail tenants,” Lamy said. “As it does with all our clients, EXETER will give Related executives real-time access to data they need, whenever they need it, in a convenient and customized format. With standardized, accurate data, transparency enables leasing teams to operate from a position of strength.”

The EXETER platform is the result of extensive collaboration planning and research with property owners and managers, who have been clients of Lamy’s 30-plus year CRE retail property and financial management consulting practice.

MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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,

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