Big Deals

REBNY Names 2013 Retail Deals of the Year

Richard B. Hodos

More than 250 retail brokers and industry insiders streamed into Club 101 at 101 Park Avenue Tuesday night for the Real Estate Board of New York’s 2013 awards for the “most ingenious retail deal of the year” and the “most significant retail deal of the year.”

The 18 nominees with nicknames like “What a long strange trip it’s been: bringing national retailer Guitar Center to a side-street sub-basement off Times Square” (for Lon Rubackin and Gary Trock of CBRE) and “David v. Goliath: using ingenuity and due diligence as a sling shot” (for Benjamin Fox of Massey Knakal Realty Services) vied for just the two awards recognizing broker creativity and skill and the deals’ overall importance to the city’s real estate market. Read More

ICSC

A Mall Grows in Bushwick?

Could 82 Bogart Street attract... these hipsters?

For more than five years, an exodus of the young and hip from the aluminum-siding-studded homes of Williamsburg, Brooklyn, has been flowing southeast into neighboring Bushwick.

But now a nascent 80,000-square-foot retail and nightlife complex at 82 Bogart Street threatens to cement the neighborhood’s imminent transformation from underground hipness to mainstream retail success once and for all. Read More