Burberry. Salvatore Ferragamo. Ermenegildo Zegna. Michael Kors. Scoop. Hermes. Judith & Charles. Calypso St. Barth.
It’s an impressive list of retailers. What’s more striking is that Brookfield Office Properties cut deals with all of them this year, and they’ll be sharing a home at the revamped Brookfield Place beginning next year, forming an unprecedented shopping Read More
With the net-lease at 35 Union Square West expiring, the building’s ownership recognized an opportunity to capitalize on the increasing popularity of the Union Square area and increase rents. The development spells doom for the original location of Heartland Brewery, which will vacate its space by year’s end. The 10,200-square-foot space is being marketed by Cushman & Wakefield to a variety of potential tenants, including restaurants and retailers, and, with limited availability, the prime address is sure to get its fair share of interest.
Spread across a 4,000-square-foot ground floor, 2,200-square-foot mezzanine and 4,000-square-foot basement, the space offers a number of different layout possibilities for potential tenants.
Joanne Podell and Brandon Singer of Cushman & Wakefield spoke to The Commercial Observer last week about the space and why it’s such a unique opportunity. “There is very limited availability in Union Square, which speaks to the health of the market,” Ms. Podell noted.
At noon on Jan. 7, about 50 retail brokers and landlords trickled into the Harvard Club on West 44th Street for a members-only Real Estate Board of New York Retail Committee luncheon, the first of the year.
There was buttery sea bass, green beans and potatoes, which the more figure-conscious among Read More
Hugo IS Boss on Fifth
Suck on this, Champs Elysées! For the third year running, New York’s Fifth Avenue boasts the most exorbitant retail rents on the planet.
According to brokerage Cushman & Wakefield’s annual talley, which tracks the world’s top 233 shopping locations across 47 countries:
An average 1,000 square foot unit on Read More