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
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
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.
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
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,