Time for Squares
Lisa Steinberg was just a few months out of college when she was bound, gagged and stabbed to death in the office of a Gap store on West 57th Street near Broadway. It was January of 1992, halfway through David Dinkin’s only term as mayor of an increasingly anarchic and crime-plagued New York.
The murder rate had peaked at 2,245 in 1990. But the number of homicides climbed in the Midtown South precinct—which includes Times Square—reaching 11 in 1993. East New York’s 75th precinct broke the record that year for the most murders in a single precinct: 126.
The Times sat down with retail maven Robert K. Futterman yesterday to discuss his work in the city. He talked about the reliability of Soho and Fifth Avenue during the recession, that neither has seen a rent dip (our guess is all those foreign tourists), as well as two especially intriguing projects Read More
Last month, Robert Futterman, one of the most prominent and powerful names in Manhattan retail, sent out a press release touting his venerable eponymous brokerage’s latest blockbuster deal: “a 525-square-foot lease with Joe – The Art of Coffee at 514 Columbus Avenue.”
If square footage isn’t your vernacular, that’s about the Read More
One of Robert K. Futterman’s favorite photographs shows his kids standing in front of what is now the Apple Store on Fifth Avenue.
Hanging in the empty window behind them is, of course, a sign sporting Papa Futterman’s own blue “RKF” logo, inspired by his “real-estate hero,” Edward S. Gordon, and his longtime client, Read More
L.A.-based frozen yogurt purveyor Pinkberry continues its low-calorie invasion of Tasti D-Lite country.
The allegedly habit-forming icy-treat chain, AKA “crackberry,” has signed a lease for a new 600-square-foot shop on Broadway near Columbia University, according to Tuesday’s announcement from brokerage Robert K. Futterman & Associates.
The new Morningside Heights digs will Read More
Italian denim dealer Diesel has leased 1,600 square feet on Lafayette Street to give its 55DSL line a boutique space all its own.
The line was previously relegated to a small section of Diesel’s Union Square location.
“The retailer’s 55DSL brand is targeting young men and women with a strong Read More
Bridezilla-beloved designer Vera Wang has leased 2,500 square feet on Mercer Street to showcase her latest ready-to-wear and Lavender labels.
Retail brokerage Robert K. Futterman & Associates announced the deal late Tuesday.
The new boutique is scheduled to open this coming fall–which almost gives you enough time to secure adequate financing for Read More
2008: Retail Space Odyssey
Sorry, Best Buy. Big-box domestics behemoth Bed, Bath & Beyond now has dibs on 33,500 square feet of the remaining retail space at Tribeca’s forthcoming 101 Warren Street complex.
Brokerage Robert K. Futterman & Associates described the deal Thursday as a ” testament” to the historic neighborhood’s rebirth as, um, Read More
Futterman says Wal-Mart “makes sense” in New York.
As community opposition continues to keep Wal-Mart out of the Big Apple, local retail broker extraordinaire Robert K. Futterman has come up with a brilliant solution to the big-box debacle: Kick the naysayers out of the approval process.
“If they keep going in front Read More
The two-floor, 17,000-square-foot retail space at 85 Fifth Avenue–known to savvy ladies everywhere as the Flatiron District’s Anthropologie–has been sold to RFR Holding LLC for $24.8 million. (The group bought the Seagram Building in late 2000 for slightly more: $375m.)
The nice clothing retailer, thankfully, will stay put.
The store is a retail Read More