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The Maitre d’ of Retail

Among the many victims of the so-called Great Recession—Bernard Madoff investors, Lehman Brothers staffers, the $6 caramel macchiato—few have seen such dramatic reversals of fortune as the city's...

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Google, Amazon to Set Up Brick-and-Mortar Shops in Times Square, One Broker...

Google, the store, not the search engine. Soon Times Square may be known for its iconic signage, its assortment of apparel shops like Forever 21 and American Eagle Outfitters, and, erm, Google?! The...

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Amazon and Google and Bricks and Mortar

In the nebulous realm of the World Wide Web, tech entities like Google and Amazon have the reach, the customer base and the income that have helped transform them from plucky start-ups into virtual...

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In Times Square, Nevermind the Knick-Knacks, Here’s the National Retail Brand

When he first took the job of president of the Times Square Alliance in 2002, Tim Tompkins had heard a persistent complaint from those who worked and lived in the neighborhood: The retail options...

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Round 2: City Landlords Kick and Scream Back Following Allegations of Broker...

Some city landlords are kicking and screaming back after an article published in The Commercial Observer yesterday morning cited sources who allege that a new wave of city landlords are leapfrogging...

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REBNY Gives Retail Deal of the Year Honors to David LaPierre, Jacqueline...

Brokers who brought big name chain retailers to a pair of Jeff Sutton properties won big last night at the Real Estate Board of New York's Retail Deal of the Year Awards at 101 Park Avenue. David...

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REBNY Retail Deal of the Year Awards, Minute By Minute

About 200 retail real estate specialists gathered at 101 Park Avenue’s 101 Club last Tuesday for the Real Estate Board of New York’s 15th annual Retail Deal of the Year Awards cocktail party. Brokers...

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Global Chinese Jeweler Sets Record at 585 Fifth Avenue

Global Chinese jewelry company Lao Feng Xiang Jewelry has signed a long-term lease for its first North American retail store and showroom at 585 Fifth Avenue. An illustration depicts signage...

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Starbucks Leaves Grand Central for 425 Lexington

Having lost its 800-square-foot space in Grand Central Terminal’s Lexington Passage, Starbucks will be moving across the street. The coffee purveyor has signed a 15-year lease for a 1,300-square-foot...

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A Richard Experience: For CBRE’s Richard Hodos, Retail Is Changing From...

Richard Hodos went from being a high-six-figure-a-year broker prior to 2013 to a seven-figure-a-year broker with headline-grabbing deals for Microsoft and Ralph Lauren, both in 2014, as well as...

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Junior’s Restaurant Opening Second Times Square Location

This deal takes the cake. Junior’s Restaurant, the Brooklyn-born eatery known for its scrumptious cheesecakes, has swiped the former space of Pan-Asian-styled Ruby Foo’s at 1626 Broadway for its second...

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BofA Joins TD Bank at Base of Chelsea Residential Building

Banks may be going more digital and shrinking their footprints, as Commercial Observer has reported, but that doesn’t mean they aren’t opening new retail locations. CO has learned that Bank of America...

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Trader Joe’s Set to Open 19K-SF Location in Soho  

Trader Joe’s has signed a roughly 19,000-square-foot lease at Stellar Management’s 233 Spring Street, the grocery store announced last week. The supermarket giant will occupy the entire ground-floor...

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Bank of America Taking Four Retail Spaces on West 23rd Street

After having success with its automated teller machines at the corner of West 23rd Street and Fifth Avenue, Bank of America has leased the four spaces that comprise the remainder of the retail...

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CVS Takes 13K SF at Base of One Soho Square

Pharmacy chain CVS has inked a 13,266-square-foot deal to open a new location at the base of One Soho Square, according to the brokers and the landlord, Stellar Management. CVS signed a lease for 9,900...

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CVS Inks Lower Manhattan Lease for 2-Level Pharmacy

Ubiquitous CVS Pharmacy has leased 19,350 square feet at the Astor Building at 217 Broadway in Lower Manhattan, according to CBRE, which represented building owner Columbus Properties Inc. The pharmacy...

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Crate & Barrel to Relocate NYC Flagship to Flatiron District

Crate & Barrel will move its New York City flagship from its longtime Houston Street home to the Flatiron District. The furniture retailer inked a 10-year deal to relocate from 611 Broadway to...

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New Balance Runs to the Upper West Side

Sneakerheads may be flocking to the Upper West Side soon. New Balance is opening a new store at 210 Columbus Avenue, taking 4,100 square feet for 10 years, according to Atlantic Retail, who brokered...

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