Assignments

Douglas Elliman Tapped to Market 412 Columbus Avenue Retail Space

412 Columbus Avenue

Douglas Elliman is marketing the 1,409-square-foot retail space at 412 Columbus Avenue, Commercial Observer has learned. The firm’s leasing and sales team of Faith Hope Consolo and Joseph Aquino has been awarded the exclusive agency for the space, the duo’s third assignment on the block.

“We are redoing the entire block front,” Ms. Consolo said. “For a long time the Upper West Side was about sneakers and sweatpants. Now, it’s lululemon and lipstick.” Read More

Brooklyn Beat

Why Brooklyn Is Hot Right Now

Brooklyn’s worldwide brand is at a new high water mark. We’ve always been international, of course; Russian and Israeli money is deep in residential, we have Little Odessa, our own Chinatown and the hemisphere’s largest West Indian city.

LuluLemon’s luxury cotton apparel touched down on Smith Street last month, hailing from British Columbia – the Read More

Brooklyn Beat

Downtown Brooklyn Home to Fine Apparel Shops

The newly announced J.Crew lease arranged by CPEX tops off the growth of fine apparel shops in one of Brooklyn’s chicest neighborhoods, Cobble Hill.

Well, British novelist Martin Amis, singer-songwriter Norah Jones, actress Lili Taylor and other talented residents think so. With French-born professionals in town on corporate rotation—and founding multimedia arts centers like Invisible Read More

Lease Beat

Athletic Apparel Maker Lululemon Leases Upper East Side Pop-Up

lulu

Canadian workout apparel maker lululemon athletica inked a four-month lease for a pop-up space at 1142 Third Avenue, across the street from its flagship store currently undergoing dramatic renovations.

The approximately 2,750-square-foot interim store replaces another temporary showroom from Uniqlo. More firmly rooted neighbors include Thierry Rabotin, Arden B and Bare Escentuals.

Douglas Elliman Retail Group Chairman Faith Hope Consolo and Executive Vice President Joseph A. Aquino represented the landlord, WM Westminster LLC. RKF represented the tenant. Read More

ICSC

ICSC: Lessons Learned and Shopping Hotspots

Adelaide Polsinelli, senior director at Eastern Consolidated

The International Council of Shopping Centers’ (ICSC) New York conference is over. Meetings were held, retailers were courted, flirtations between players crackled with possibilities. The Commercial Observer asked three experienced New York brokers what they learned at the conference and where the city’s retail hotspots are. This is what they said…

West Side Story

“With Read More