Spotlights

The end of “brick-and-mortar” is not near–Retail assets continue to evolve to meet consumer needs - by Yoel Kranz and Evyn Rabinowitz

Last summer, Macy’s chairman Terry Lundgren famously described the glut of retail property in the U.S as “ridiculous.” Indeed, the U.S. currently has the most retail space per capita of any country–with no close second. While numbers vary widely, the U.S. reportedly has…

Silber Investment Properties and Petrakis Realty Group celebrate 200th deal milestone

Hicksville, NY The Petrakis Realty Group of Seaford, represented by Silber Investment Properties, has completed a multistage acquisition of ...

Now is the time for global brands to enter the New York City retail market - by Lee Block

The story of brick-and-mortar retail’s demise has been a popular narrative both far and wide. The recent spate of nationwide store closings and bankruptcies from well-established brands have caused some…

Delavale of Breslin signs Suly’s Smoothies to 2,760 s/f at Tiana Plaza shopping center in Hampton Bays

Hampton Bays, NY Breslin Realty has completed the signing of a long term lease with Suly’s Smoothies Cafe at 252 W. Montauk Hwy. Su...

Company of the Month: Schuckman Realty continues to grow its platform as it approaches four decades of service

Lake Success, NY Schuckman Realty is a full-service commercial real estate firm serving New York City, including the surrounding tri-state area, Long Island and New Jersey. The company was formed nearly four decades ago in the late 1970s when the retail shopping center business was still in its defining stages. Its founder, Stanley Schuckman, was one of the first…

Consolo and Maglio of Douglas Elliman arrange 1,450 s/f lease for Ben's Garden at 42-44 Grand St., SoHo

Manhattan, NY The worldwide leasing team of Faith Hope Consolo and Arthur Maglio at Douglas Elliman arranged a 1,450 s/f lease for Ben&rsquo...

Condren and Danut of CPEX act for landlord in four leases at Pioneer Building

Brooklyn, NY Three national and international retailers and a fast-growing café concept have leased more than 10,000 s/f of space in ...

ShopOne Centers REIT appoints Roche as CFO

New York, NY ShopOne Centers REIT Inc., a private real estate investment trust (REIT) focused on acquiring, operating and managing market-do...

In-store shopping preferred over online shopping according to CBC survey

Madison, NJ The retail industry is in the midst of change and while some predict the end of brick and mortar stores, a recent Coldwell Banke...

Lamy signs 2,000 s/f lease for U.S. flagship store with Thor Equities

Manhattan, NY Thor Equities, a global leader in urban real estate development, leasing and management, has leased 452 West Broadway in SoHo ...