Big Deals

Seating, Article Helped Make Deal of Year

Peter Ripka

A news article and a seating arrangement helped clear the way for the deal that the Real Estate Board of New York judged the most significant to the city’s real estate market in 2013, Commercial Observer has learned.

Peter Ripka of Ripco Real Estate won REBNY’s sought-after “most significant retail deal of the year” award last week for his brokering of Barneys New York’s move back to a 57,000-square-foot retail condo at 107 Seventh Avenue in Chelsea where the city staple had relocated from in 1997. Read More

Cool Treats

It’s Official: Dairy Queen to Open in NYC in May

Parker Posey as a Dairy Queen employee in "Waiting for Guffman"

Dairy Queen will open its first Manhattan location at 54 West 14th Street this spring, the Berkshire Hathaway company announced today. The company is targeting an opening in mid- to late May, according to a spokesperson.

The New York “DQ Grill & Chill” location will be the Edina, Minnesota-based company’s first two-story restaurant, according to a press release. The 2,500-square-foot location will feature 60 seats on the downstairs level and 50 seats upstairs. Read More

Lease Beat

PM Pediatrics Inks Deal in Cobble Hill

Courtesy of 240 Atlantic Avenue

PM Pediatrics has inked a deal for a new location in Brooklyn, brokers told The Commercial Observer.

The doctor’s office is known for being open every day including holidays and offering services after traditional work hours and weekends. The firm will take 6,055 square feet of ground floor retail space at 240 Atlantic Avenue in Read More

Lease Beat

Famous Footwear Inks at Throggs Neck Shopping Center

Courtesy of SeekLogo

Famous Footwear has inked a deal for a new location in the Bronx.

The national footwear chain has signed a deal for a 5,500-square-foot store in the Throggs Neck Shopping Center located near the intersection of Lafayette Avenue, Brush Avenue, and Hutch Service Road.

“The leasing velocity we’re seeing at Throggs Neck Shopping Center demonstrates Read More

Lease Beat

Petco Joins Riverdale Crossing

Courtesy of Black Friday

Petco has inked a deal for a new location in the Bronx.

The pet supply store will be located in the Riverdale Crossing retail center and will occupy 9,556 square feet of ground floor space in the freestanding building next to the crossing’s 118,000-square-foot anchor tenant, BJ’s Wholesale Club. Read More

Lease Beat

Applebee’s Joins Throggs Neck Shopping Center

Courtesy of Printable Coupons

Applebee’s is set to open a new 6,640-square-foot location in the Bronx.

The casual dining restaurant, known for signature items like “riblets,” will be opening a location at the Throggs Neck Shopping Center in Ferry Point. The center, anchored by Target and junior anchored by TJ Maxx, is slated to open in March 2014 and Read More

RECon: Las Vegas

Biggest Mall Operators M.I.A. at ICSC

The nations biggest mall developers, like Simon Properties, were nowhere to be found at ICSC convention this year.

The ICSC conference in Las Vegas is the biggest retail convention of the year, a place where nearly every major retailer, owner and broker
converges at the sprawling Las Vegas Convention Centers for three days of networking and dealmaking.

Everyone, that is, except three of the industry’s biggest mall developers and operators. Read More