ICSC ’17: The Experts Weigh In
What are the retailers that are going to survive this new retail apocalypse? (Short answer: Food.) What are the big concerns in the retail market? What could a savvy brand do to compete? These are the...
View ArticleICSC ’17: Hot Takes From Retail Experts
Retail pooh-bahs get straight to the nitty gritty about the state of retail with Commercial Observer at this year’s International Council of Shopping Center‘s RECon event in Las Vegas last month.
View ArticleCVS Takes Old Food Emporium Space on East 86th Street
CVS Health has signed on to take the space that Food Emporium previously occupied at 305 East 86th Street at the northeast corner of Second Avenue, Commercial Observer has learned. The pharmacy giant...
View ArticleBuild-A-Bear Workshop Establishing New Manhattan Flagship on West 34th Street
Teddy-bear-themed Build-A-Bear Workshop, which a year ago shuttered its final Manhattan location in the Empire State Building, is reentering the market with a new flagship on West 34th Street,...
View ArticleWith Ralph Lauren Out and Breguet Relocating, Prime Fifth Avenue Space Is...
Two high-profile retail real estate spaces are on the sublease market at Coca-Cola’s 711 Fifth Avenue between East 55th and East 56th Streets, Commercial Observer has learned. They include the spaces...
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Euro Retailers Sense Opportunity Here While US Brands Look to Old World for...
Last week, while JLL retail pro Michael Hirschfeld was in London for business, he learned of three U.K. retailers collapsing. Those were the U.K. arm of Toys “R” Us, which went into insolvency...
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Arch Companies Nabs $45M for Development of Soho Rental Building
Still fresh off a New Year’s launch, Arch Companies has secured a $45 million loan from Maxim Capital Group for the development of its first New York asset—a planned six-story, mixed-use residential...
View ArticleICSC Tweetstorm: What We Saw, Photographed and Tweeted in Vegas
What happens in Vegas goes straight on Commercial Observer’s Twitter feed. Intrepid real estate reporters Lauren Elkies Schram and Rebecca Baird-Remba were on hand for this year’s International Council...
View ArticleThe Cheese Never Came to 387 PAS, but Drugs Are Likely to Land
CVS is close to sealing a deal on Park Avenue South for the 10,550-square-foot space that Artisanal Fromagerie Bistro leased but never moved into, Commercial Observer has learned. The pharmacy giant is...
View ArticleDesign Within Reach Re-entering UWS With 6,500-SF Store at 2162 Bway
Design Within Reach is returning to the Upper West Side with a new 6,500-square-foot store at 2162 Broadway between West 77th and West 76th Streets, the company announced. It is ground-floor space that...
View ArticleDuane Reade Shrinking Store Footprint With New Crop of Manhattan Stores
Ubiquitous drug store chain Duane Reade is thinking small about its future—small in store size, that is. Commercial Observer has learned that Duane Reade is disposing of more than a dozen Manhattan...
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Everyone’s Talking About Omnichannel, but Who’s Doing It Right?
A couple of weeks ago, Crown Retail Services‘ Stephen Stephanou told the Real Estate Board of New York commercial brokerage retail committee that he is helping Nordstrom find a few retail spaces in...
View ArticleCVS Takes 10,500 Square Feet at TF Cornerstone’s 387 Park Avenue South
CVS Pharmacy has taken 10,500 square feet at TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned, in the space in which Artisanal Fromagerie Bistro was supposed to open. About two...
View ArticleTaco Bell Nails Down 2 Locations on Manhattan’s East Side
Fast food chain Taco Bell has been expanding quickly over the past year in New York City. The “Live Más” company recently inked deals for new locations in Midtown East and the Upper East Side,...
View ArticleFood Operators Flock to East 23rd Street By Madison Square Park
The southern side of East 23rd Street between Broadway and Park Avenue has seen an uptick in food tenant leases over the last few months, as retailers stakeout spots for both the locals and in...
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