The Real Deal New York

Posts Tagged ‘Jeffrey Roseman’

  • 127 East 59th 150 Madison Avenue

    From left: 127 East 59th Street and 650 Madison Avenue in Midtown

    Selling tables, chairs, forks and toasters on the Southeast corner of Central Park ain’t what it used to be. Two more venerable retailers are packing up their wares and moving on, over high rents or a failure to innovate, depending on whom you ask.

    Pottery Barn and Williams-Sonoma are leaving their three-story, 35,000-square-foot retail condominium at 127 East 59th Street, between Lexington and Park avenues, a space they’ve occupied for over 15 years. [more]

  • Frankel-Blink-Roseman

    From left: Marc Frankel, Blink Fitness at 600 Third Avenue and Jeffrey Roseman

    Just in time for the holiday season’s overindulgence, the discount gym chain Blink Fitness tapped a retail leasing team at Newmark Grubb Knight Frank to find Manhattan locations for the expanding brand. [more]

  • 249-255 West 17th Street and NGKF's Jeffrey Roseman (inset)

    249-255 West 17th Street and NGKF’s Jeffrey Roseman (inset)

    Furnishings retailer Room & Board has inked a deal for 60,000 square feet at Savanna Real Estate’s 249 West 17th Street, moving the company’s Manhattan flagship to the Chelsea locale. [more]

  • A rendering of the proposed new storefront at 853 Broadway and Jeffrey Feil (inset)

    A rendering of the proposed new storefront at 853 Broadway and Jeffrey Feil (inset)

    Updated, 3:44 p.m., Jun 27: H&M, the giant European clothing retailer, may be close to inking its latest deal in New York City at the Feil Organization’s 853 Broadway, on the corner of 14th Street at Union Square, industry insiders say. [more]

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    From left: Newmark Grubb Knight Frank’s Marc Frankel and James Kuhn, Fred Posniak of Malkin Properties and Eva Santiago of Newmark Grubb Knight Frank

    With music thumping, alcohol flowing and choice cuts of steak tempting guests, the Newmark Knight Grubb Frank bash last night at the Marquee at the Cosmopolitan nightclub was one of the more festive of the parties surrounding the annual ICSC’s RECon in Las Vegas. See the photos after the jump. … [more]

  • Fulton Street Transit Center rendering

    The Metropolitan Transportation Authority is issuing a request for proposals Thursday to find a manager for 70,000 square feet of high-end retail space under construction at the Fulton Street Transit Center. While the Wall Street Journal noted that this is just some of the nearly 1 million square feet of new retail space being prepared for the area, retail brokers believe there is enough demand to fill the flood of new supply. [more]

  • From left: Sam Ash on 48th Street, 333 West 34th Street (credit: PropertyShark) and Newmark's Jeffrey Roseman

    Fearing that Extell Development is preparing a new development for its West 48th Street storefronts, Sam Ash is leaving the thoroughfare, between Sixth and Seventh avenues, long dominated by music instrument and equipment shops. According to the New York Post, Sam Ash has signed a lease for 30,000 square feet at SL Green Realty’s 333 West 34th Street, across from the Loews multiplex cinema. The company will move its six stores along West 48th Street to the new location, which comprises 20,000 square feet on the sidewalk and 10,000 more below-ground. The space was formerly JPMorgan’s cafeteria. [more]

  • Spotlight Live, c. 2007

    A large Times Square retail location that was briefly home to the Spotlight Live club is back on the market with a new agent. The space is notorious as the place in 2008 where a woman was killed the night of a birthday party for rapper Lil’ Kim and in an earlier incident a coat-check brawl spilled out onto the street and turned fatal.

    Newmark Grubb Knight Frank Retail was picked this month as the leasing agent for the five-level mid-block retail spot at 1604 Broadway, at 49th Street, data from real estate tracking firm CoStar Group shows. [more]

  • From left: Wharton Properties' Jeff Sutton, Thor Equities' Joe Sitt, Cushman's Joanne Podell and Newmark's Jeffrey Roseman

    The city’s top retail landlords and brokers are making final tweaks to their appointment schedule and ironing out which parties and dinners they will attend, just two days before the official start of the world’s largest retail trade show, the International Council of Shopping Centers’ RECon in Las Vegas. The conference website shows major real estate players plan to attend, such as Jeff Sutton, president of Wharton Properties; Joseph Sitt, CEO of Thor Equities; Michael Fascitelli, CEO of Vornado Realty Trust; and Glenn Rufrano, CEO of Cushman & Wakefield. [more]

  • Madison Avenue bounces back too quickly?

    November 09, 2011 12:01PM

    From left: Jeffrey Roseman, executive vice president at Newmark Knight Frank, Howard Davidowitz, chairman of Davidowitz & Associates, and Madison Avenue

    At least 60 new retailers have opened on Madison Avenue’s northern strip since January 2010, including high-end stores like Bottega Veneta with its $30,000 purses, the Madison Avenue Business Improvement District told the Wall Street Journal. An additional 10 new stores are under construction. Fifth Avenue also makes positive strides, as demand increases.

    It’s a notable comeback for the avenue, which lost multiple high-profile tenants in the recession, including Christian Dior and Yves St. Laurent, driving the vacancy rate up to 15 percent at the worst of the market. Rents, which had soared to $1,500 a foot during the boom, also collapsed. … [more]

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    From left: 11 Times Square, 9 West 57th Street and 1333 Broadway (building credit: PropertyShark)

    While global economic concerns have landlords of vacant U.S. retail spaces scrambling for any tenant, in Manhattan, landlords are patiently awaiting the perfect tenant for their trophy spaces, the Wall Street Journal reported.

    For example, it’s not for lack of interest that the 55,000-square-foot retail space in SJP Properties’ 11 Times Square, at 42nd Street and Eighth Avenue, has sat vacant for two years. Rather the developer wants to land a big-name and raise the profile of the one million-square-foot tower. … [more]

  • Many of the spaces that used to be the locations of 50 Off Track
    Betting Corporation parlors throughout the city have not found new
    tenants since the OTB declared bankruptcy and closed down in December, the
    New York Times reported. Many residents are happy that the clientele
    associated with the parlors in Forest Hills, Queens, Sunset Heights,
    Brooklyn and the Upper West Side and other places has left. But
    landlords have found marketing the spaces is challenging. The majority of
    the outlets now have for-rent signs on them. … [more]

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    From left: Newmark Knight Frank’s Jeffrey Roseman and 23 Wall Street

    Cushman & Wakefield has lofty expectations for the three-story, 150,000-square-foot retail space it was retained to market in July at the intersection of Wall and Broad streets, the former headquarters of JP Morgan.
    According to the New York Times, the building is currently owned by China Sonangol, but was built in 1914 by J.Pierpont Morgan with pricy pink Knoxville marble and a three-story bank vault, composed of nickel steel, armor, concrete and cast steel and a 52-ton door — unusual features that have brought attention from potential retailers looking to enter the growing retail and residential scene in post-Sept. 11 Lower Manhattan. … [more]

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    Jeff Sutton and 747 Madison Avenue

    Prominent Manhattan landlord Jeff Sutton and SL Green Realty have just entered into a contract to buy another high-profile fashion store at 747 Madison Avenue, the New York Post reported. The purchase price is close to $65 million, sources said.

    The store, which is at the base of Colony House residential building near East 65th Street and currently houses fashion label Valentino, has 6,700 square feet on the first floor and a 3,100-square-foot lower level currently used for storage, according to data from CoStar.

    The expiration of Valentino’s 10-year lease within the next year provides an opportunity for a rent hike, the Post said.  … [more]

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  • Yankees to open new Times Square store

    February 07, 2011 09:02AM

    The Yankees are making a play for another Times Square shop. The baseball franchise just inked a 15-year deal at the landmark 1501 Broadway, also known as the Paramount Building, the Wall Street Journal reported. According to Newmark Knight Frank’s Jeffrey Roseman, who represented landlord Paramount Leashold LP in the deal, the new, 2,000-square-foot space will be a team store when it opens a few months from now, selling Yankees paraphernalia and game tickets. … [more]

  • Midtown’s Pearl Hotel gets a steakhouse

    December 29, 2010 01:05PM

    Kenji Ota (top) and Jeffrey Roseman of Newmark Knight Frank and the Pearl Hotel at 233 West 49th Street

    E & E Grillhouse recently signed its first Manhattan lease in the Pearl Hotel at 233 West 49th Street in the Theater District. The 2,300-square-foot raw space had an asking rent of $150 a foot, according to Kenji Ota of Newmark Knight Frank, who represented the tenant but declined to provide the actual price being paid. The Pearl, whose landlord is the Empire Hotel Group, is a small boutique hotel which opened earlier this month. E & E Grillhouse, a steakhouse, will be the hotel’s only restaurant space and is expected to open in spring 2011, Ota said. Empire Hotel was represented by Newmark’s Marc Frankel, Ben Birnbaum and Jeffrey Roseman. TRD

  • Could Uniqlo be moving in at 31 West 34th Street?

    Just four months after signing one of Manhattan’s most valuable retail deals ever, Japan-based apparel chain Uniqlo is in discussions to lease two or more floors at 31 West 34th Street, one block from Macy’s, according to two sources [more]