News: Brokerage

Susan Penzner Real Estate leases 800 s/f to Margaret O'Leary for 11th boutique

According to Susan Penzner Real Estate, Margaret O'Leary has signed a five-year lease with an option at 279 Mott St., between Prince and East Houston. The store is 800 s/f with a full basement. The tenant was represented by Susan Penzner and Ryan Milliken, and the landlord was represented by Drunell Levinson and Sebastien Lindenmayer of Halstead Commercial. Hailing from County Kerry, Ireland, O'Leary immigrated to San Francisco. She created a full collection, and launched her first store on San Francisco's Claude Lane. She now has 10 boutiques, and arrives to New York to launch her 11th boutique in Nolita. O'Leary's collections are cultivated from her unique design sensibility that marries timeless luxury with the aesthetic of the California coast. "Our expansion to the East Coast is a natural and timely progression for us after years of success on the West Coast," said O'Leary. "The Nolita neighborhood and our new store perfectly translate our brand for New York. After years of shopping with us on the West Coast, I am thrilled to bring the women of New York a store of their own!" Designed by Cass Calder, the boutique is located in the heart of Nolita on Mott St. The interior elements are warm and inviting, featuring aged wood balancing and the texture of knits featured on crisp white display islands.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account