A story in the March issue, “Madison Avenue retail gets younger,” misstated a figure provided by broker Robin Abrams for the average retail rent along Madison Avenue in the 70s. It is $300 to $500 a square foot.
A story in the March issue, “Ben Fox to build another retail brokerage,” misstated the name of an executive who left Newmark Knight Frank to join Robert K. Futterman & Associates. He is Gary Alterman.
A story in the March issue, “Rooting out fake ads,” misstated the fee charged to New York City brokers for posting ads on the Web site Craigslist. It is $10. The story also incorrectly referred to how long ads are stored on Craigslist. They are stored indefinitely, according to Craig Newmark, founder of Craigslist.