After securing a $45 million loan from Meridian Capital Group to finance the development of Williamsburg’s first Whole Foods, the healthful grocery Goliath is targeting a mid-2014 debut.
The 35,000-square-foot store at 240-242 Bedford Avenue is part of a 150,000-square-foot development that will take up a full block of North 4th Street between Bedford Avenue and Berry Street. The project will also include a New York Sports Club and luxury rental apartments.
Michael and Brandon Miller of investment group Real Estate Equities Corporation have closed on the $81 million purchase of 375-377 West Broadway, a five-story 55,000-square-foot commercial loft building with over 11,000 square feet of retail space.
Brokers handling the sale said the turn-of-the-century SoHo building, which offers 56 feet of retail frontage, had not changed hands in Read More
Much has been made of the metamorphosis of the Bowery from one time skid row to trendy runway. Boutique hotels, apartment buildings, the New Museum and residential developments have landed and it seems retail is realizing the street’s potential.
“I really think it’s coming together down there,” said Faith Hope Consolo, chairman of the retail Read More