Shopping Centers

REBNY Report: Transitioning Brooklyn Neighborhoods Drive Retail Rents in Winter 2018

HIGHLIGHTS OF THE WINTER 2018 BROOKLYN RETAIL REPORT Flatbush Avenue in Prospect Heights, between 5th Avenue and Grand Army Plaza, saw a ...

Schultz of Lee & Associates NYC arranges 800 s/f retail lease for Van Leuween

New York, NY Jaime Schultz, managing director, Lee & Associates NYC has arranged a 10-year lease at 1625 Second Ave. for the made-f...

Lee & Associates NYC completes two Manhattan retail leases totaling 17,383 s/f

Manhattan, NY Lee & Associates NYC (Lee NYC) has completed two retail leases totaling 17,383 s/f. 

LOT designs 1,700 s/f café for Devocion at TF Cornerstone’s 33 Bond; Built by ArtKt Construction

Brooklyn, NY Colombian coffee roaster Devocion, with a flagship showroom café in Williamsburg, has expanded its presence with a new 40-seat, 1,700 s/f café in TF Cornerstone’s new 700-unit high-rise at 33 Bond. 

Newton, Mackey and Plasky of Marcus & Millichap close $16 million sale

Queens, NY Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the U.S. and Canada, completed the sale of 74-12 to 74-24 37th Ave., a 10,001 s/f retail property in Jackson Heights. The asset sold for $16 million equating to $1,600 per s/f.

Trakhtenberg and Bulow of Eastern Consolidated lease 2,000 s/f to Foozo

Brooklyn, NY Foozo Artisan Pizza, which shares the same operator as Miami’s renowned Fuego by Mana Steakhouse, will be opening its first location in New York City at 3003 Ave. J on the corner of Nostrand Ave. in the Flatbush section after signing a lease arranged by Eastern Consolidated’s retail leasing division.

Ripco represents Target in three leases in NYC totaling 115,600 s/f

New York, NY Target plans to open three small-format stores in New York totaling 115,600 s/f, each in a different borough of the city – on Manhattan’s Upper East Side, on Staten Island, and in Astoria Queens.

Consolo of Douglas Elliman arranges 13,000 s/f retail lease for Morton Williams

Manhattan, NY The Worldwide Leasing Team of Faith Hope Consolo at Douglas Elliman arranged a long-term lease for Morton Williams at 1251 Thi...

Roth of Manhattan Skyline Mgmt. leases 4,950 s/f to Shakespeare & Co. bookstore

Manhattan, NY Manhattan Skyline Management Corp. arranged a 4,950 s/f lease to bookstore Shakespeare & Co. at 450 Sixth Ave. in Greenwich Village. Located on Sixth Ave., between West 10th and West 11th Sts., the bookstore and café will sit at the base of The Villager, a distinctive pre-war residential building.

JRM completes construction of Suzuki; Team includes WDG and ABS Engineering

Manhattan, NY JRM Construction Management has completed building Suzuki, a Japanese restaurant at 114 West 47th St. JRM worked with WDG Inte...