Chrysler Gets a View from the West Side Highway
Next spring, drivers coursing down the West Side Highway will have easy access to FIAT and Chrysler vehicles, which will be on display at Chrysler Group LLC’s new Manhattan showroom at 629 West 54th...
View ArticleCBRE Reports Significant Growth in Six Major Manhattan Retail Corridors
Six of 11 prime retail corridors in Manhattan enjoyed substantial rent increases during the third quarter, according to a report released yesterday by CBRE Group Inc. Herald Square witnessed the...
View ArticleVillard Mansion to be Marketed Toward Retailers and Corporate Users
The Villard Mansion at the New York Palace Hotel, a 27,000-square-foot mansion built by railroad magnate Henry Villard in 1882, will be marketed by CBRE toward flagship retail tenants and corporate...
View ArticleHershey’s Expanding and Relocating Flagship Store Within Times Square
The Hershey Company just wrapped up something sweet that’s not dark or sugary: a new lease. The global chocolatier announced yesterday it’s moving and expanding the Hershey’s Chocolate World flagship...
View ArticleIn Midst of Retail Disruption, Real Estate Pros Recalibrate
Retailers are facing a lot of pressure right now, real estate pros told Commercial Observer at MAPIC, with the looming threat of interest rate hikes, the impacts of e-commerce and the reality of high...
View ArticleChase Lists for Rent 180K SF of Retail at DoBro’s MetroTech
Roughly 180,000 square feet of retail space at the MetroTech Center in Downtown Brooklyn is hitting the rental market, Commercial Observer has learned. The swath of retail is spread between J.P. Morgan...
View ArticleAre Super-Specialty Businesses a Gimmick or Actually Profitable?
Every two weeks Winick Realty Group broker Michael Gleicher and his fiancée head from their apartment in Chelsea to the Flatiron District to refill their earthenware pot with fresh French mustard...
View ArticleICSC ’17: Don’t Think Retail ‘Cycle’, Think ‘Evolution’
According to Jedd Nero, a principal and executive managing director in Avison Young‘s New York office, this is the first time in his 30-plus-year career something is different in this retail cycle....
View ArticleICSC ’17: The Experts Weigh In
What are the retailers that are going to survive this new retail apocalypse? (Short answer: Food.) What are the big concerns in the retail market? What could a savvy brand do to compete? These are the...
View ArticleDoes Broadway Have Too Many Vacant Storefronts?
Manhattan Borough President Gale Brewer released a report yesterday highlighting the fact that Broadway, which runs for 244 blocks from Battery Place to West 220th Street, has 188 vacant storefronts....
View ArticleICSC ’17: Hot Takes From Retail Experts
Retail pooh-bahs get straight to the nitty gritty about the state of retail with Commercial Observer at this year’s International Council of Shopping Center‘s RECon event in Las Vegas last month.
View ArticleRopes & Gray Alumni Split Off With New Law Firm in 18K-SF FiDi Digs
Haley Guiliano, a new law firm that specializes in intellectual property rights counseling and litigation, has signed a 17,596-square-foot lease at JEMB Realty’s 75 Broad Street, Commercial Observer...
View Article6 Things From MAPIC 2017 (in Tweets)
Empire State Realty Trust is gunning for the international tenants for the available space they have at the Empire State Building. Joanne Podell of @CushWake says she is at #MAPIC2017 to launch the...
View ArticleWas It a Slow Year for New Yorkers at ICSC?
Was the International Council of Shopping Centers’ Las Vegas RECon a little more low key than the hard-partying conventions of years past? Maybe. But were deals still getting done? Depends who you ask....
View ArticleLee & Associates Hires Veteran Retail Broker Jedd Nero
Lee & Associates NYC has poached long-time retail broker Jedd Nero from Avison Young. Nero has led Avison’s retail services group since its creation five years ago. He will start at Lee &...
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