Andrew Goldberg, Broker Behind Trump Tower’s Gucci Deal, Thinks Retail is Ready to Splurge on the West Side.
By Daniel Geiger July 10, 2012 7:15 am
reprintsSo are you focusing on doing deals at the World Financial Center?
Brookfield Properties has been positioning their redevelopment of the retail there in order to draw luxury tenants. We’re certainly looking at the project, yes.
Is it realistic for them to assume they’re going to be able to land big names like Gucci and Hermes and the rest?
You know, they’re very smart developers. And Lower Manhattan certainly has demand for the product.
Do you do most of your deals in Midtown?
I would say so. We also have a lot on the landlord side and a lot of that is in Midtown. We’re also working in other markets.
Like where?
Right now it’s back to major cities. We have leases in San Francisco and Las Vegas and L.A. and Hawaii. A lot of luxury brands that we represent are doing deals there, like Valentino and Max Mara and Roberto Cavalli. It all goes in waves. It just seems like last year it was fixing up vacancies that were open on Madison Avenue and now we’ve got other markets where there are expirations or where tenants want to expand to. Everyone is looking to grow again.
What agency spaces are you handling right now in Manhattan?
Well, we have action on 1333 Broadway at Herald Square. It’s 60,000 square feet of space in a prominent location. We have a deal that’s pending, a traditional big box retailer.
