The Real Deal New York

A look at Manhattan’s largest retail buyers

These investors are putting stores in their shopping carts

December 08, 2014 10:28AM
By Adam Pincus

From left: Stanley Chera, Jeff Sutton and Steven Roth

From left: Stanley Chera, Jeff Sutton and Steven Roth

From the December issue: With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan by local investors seem to be on solid ground. Yet a closer look at leasing numbers and conversations with brokers indicate there is a plateau at the very high end of the market in Manhattan. [more]

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