Retail, Finance

Believe the Hype: Retail Redux

ICSC crowd in Las Vegas.

“Nobody goes there anymore. It’s too crowded.”—Yogi Berra, possibly talking about the cabana parties in Las Vegas at ICSC.

Approximately 36,000 real estate professionals attended the ICSC annual convention in Las Vegas this May. That number is more like 50,000 when you count the people who came simply to attend the private parties held at Read More

ICSC 2015

ICSC Vets on How to Handle the Massive Retail Convention in Vegas


New York City’s experienced and brightest brokers in the retail trade are headed to (or have already arrived in) Sin City for the annual ICSC RECon Convention this week. More than 2,000 of this year’s roughly 34,000 registered attendees are from the New York City area, according to an ICSC spokeswoman, and there will be more than 80 Big Apple-related booths, from big brokerages such as CBRE and Savills Studley to mega-developers like Related Companies and Brookfield Property Partners. Read More


Day 2 of ICSC, Via @CommObserver

Lisa Rosenthal, left, and Robin Abrams, both of Lansco at ICSC NYC today. (Lauren Elkies Schram)

Even though the rain did not go away, real estate professionals traipsed over to the Jacob K. Javits Convention Center for the second, and final, day of the International Council of Shopping Centers‘ New York City National Deal Making Conference. There wasn’t the same frenetic pace as there was yesterday, but Commercial Observer captured some gems from attendees via its Twitter feed. Check out some of our favorite tweets from today’s #NYConf. Read More


Lansco Unveils Potential for 13K-SF UWS Retail Space

Rendering of the retail space at 2001-2017 Broadway. (Callison)

At International Council of Shopping Centers‘ New York City National Deal Making Conference, a Lansco team showcased a new potential design for more than 13,000 square feet of retail at the base of the residential Dorchester Towers on the Upper West Side.

“There’s nowhere on Broadway where you have this much space available to create a synergistic tenant mix with a focus on contemporary fashion and we think the neighborhood can support and is crying out for those kinds of retailers on the Upper West Side,” Lansco’s Robin Abrams said at her booth today. She and colleagues Lisa Rosenthal and Alan Victor are marketing the space for Ogden CAP Properties. Read More


Day 1 of ICSC, Via @CommObserver


No deal is complete without a tweet.

With throngs of movers and shakers descending upon the International Council of Shopping Centers‘ New York City National Deal Making Conference, reporters from Commercial Observer fanned out to capture all the action. In case you didn’t have a chance to make the trek to the Jacob K. Javits Convention Center for #NYConf, here’s a brief roundup of the top posts from CO‘s Twitter feed. Read More


Southampton Fitness Apparel Shop Opens Pop-Up in Flatiron District

Bandier has opened a pop-up shop in the Flatiron District.

Bandier, an upscale multi-brand fitness apparel shop on Main Street in Southampton, has opened through a short-term lease in Manhattan.

Bandier signed a six-month lease at the beginning of November and moved in the same day at 915 Broadway, ABS PartnersJohn Brod told CO at his firm’s International Council of Shopping Centers’ New York National Deal Making Conference booth today. He and a team represented the landlord in-house. Mr. Brod along with his daughter, ABS broker Jennifer Bernstein, represented Bandier. Read More


Go West, Young Man, Go West to ICSC NY

JUMPIN’ JAVITS?: True, there are no slot machines and blackjack tables at NYC’s ICSC conference at the Javits Center on the Far West Side.

New York City’s commercial real estate professionals are movers and shakers. And at perhaps the city’s large annual retail conference, most of the attendees are involved in the moving of tenants in some capacity.

So perhaps it’s fitting that this year, International Council of Shopping Centers’ New York National Deal Making Conference has made some moves of its own. Read More

ICSC 2014

The Dirt on ICSC’s RECon

rgb_-Las vegas- by Moyan Brenn4

ICSC RECon is sprawling and frenetic enough to test the nerves of grizzled veterans and wide-eyed first timers alike. Commercial Observer picked up some expert advice on the event that hopefully came in handy for those now leaving Las Vegas.

Chase Welles, SCG Retail

Strategy: “I’m almost completely booked with existing clients and solidifying current deals and will take a look at new ones. I also make it my business to go to Lotus of Siam. It’s the best Thai restaurant in the country.”

Trend prediction: “Sunday of ICSC is the new Wednesday.” Read More

ICSC 2014

SCG Retail’s Chase Welles Talks Whole Foods, RECon and Tinder

Chase Welles of The Shopping Center Group5/13/14

Retail pro Chase Welles is a man with a mission. The executive vice president of SCG Retail represents some of the biggest tenants—Whole Foods, Kohl’s, LA Fitness—and is always looking for new locations for them. He and David Firestein owned Northwest Atlantic until a couple of years ago when the company merged with the Atlanta-based Shopping Center Group. Today, the duo owns 90 percent of what became SCG Retail, the Shopping Center Group’s New York division. On the week of the International Council of Shopping Centers’ RECon in Las Vegas, Commercial Observer sat down with Mr. Welles in his Columbus Circle office to chat about his Williamsburg Whole Foods deal, Tinder and boating. Read More