Come on Barbie, let’s go party!
That’s what New Yorkers have been exclaiming since May of last year, when word broke that the influential yet illusive doll-faced beauty was eyeing New York as her next destination.
To seasoned retail brokers, the very concept of the next big neighborhood in a city that has been developed several times over is, well, naïve. Still, as The Commercial Observer recently learned, most are still looking for a reason to believe.
It’s ICSC week in New York City and while many in the retail business consider the event secondary to the larger conference held by the organization in Las Vegas each May, for many Manhattan real estate brokers, the conference is the most important of the year—and not necessarily just because of its jam-packed daytime roster of speakers and seminars.
In establishments from the New York Times’s four-star-rated Del Posto to the Dream Hotel in Lower Manhattan, buttoned-up retail brokers will be wining and dining potential clients during a two-day orgy of after-hour soirees, dinners and suds-soaked meetings, all designed with the deal in mind.
Employment numbers might still be shakey and shopping malls are reportedly on the permanent wane, but there’s more to celebrate in Vegas this year than Celine Dion’s triumphant return tour. “We’re a nation of shopaholics,” said Prudential Douglas Elliman’s Faith Hope Consolo. Indeed, this year’s International Council of Shopping Centers is poised to be the Read More
The much-watched Canadian retailer that recently landed on Fifth Avenue with a splash of red and white, is opening its second New York City location, multiple sources told The Observer.
Joe Fresh, a Gap-lite clothing line most commonly found in Canadian grocery stores, is moving into the former Esprit space at 110 Fifth Avenue in the Flatiron district. The roughly 15,000-square-foot space Read More
The thermometer has finally hit 55 degrees and judging by the 12 tourists already sporting shorts in Times Square, it’s high time we started stocking up on luxury resort wear.
To wit, Calypso St. Barth’s has leased a new store at 900 Madison Avenue. “They’re a pretty hot brand,” said Newmark Knight Frank‘s Jeffrey Roseman, who Read More
It was Friday night on the revolving 48th floor of the Marriott Marquis, and an elevator had just vomited a handful of tourists onto the solid core of the restaurant there—a minor miracle given how difficult it is for even the directionally adept to navigate the hotel’s devious elevator system.
From the center, one Read More