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$100 M.! Big CMBS Deal at Barney’s Flagship

In one of the biggest commercial mortgage-backed security deals in New York during the Great Recession, the retail condominium portion of the Barney's flagship store at 660 Madison Avenue will be...

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SoHo Property and Alleged Lady Gaga Hangout Sells for $6.1 M.

A bit of economic certainty and some love from Lady Gaga apparently added more than $2 million of value to a SoHo property that just traded hands at 29 Greene Street. The commercial building, home to a...

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660 Madison Avenue Welcomes Trevi Health Capital

Courtesy of Cornelius' Corner Trevi Health Capital will be moving a block north in Midtown. The specialist investment firm that provides healthcare-focused alternative asset management will be...

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Barneys to Make Chelsea Return

Luxury retailer Barneys has announced plans to return to Chelsea with a 57,000-square-foot downtown flagship at the store’s original location at 101 Seventh Avenue. The new store, slated to open in...

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Prudential Real Estate Investors and Madison Capital Enter $84M JV

Madison Capital and Prudential Real Estate Investors have agreed to enter an $84 million joint venture to acquire 18,899 square feet of ground floor retail space at The Astor on the Upper West Side....

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Coming Up Roseman

On an otherwise ordinary winter day last month, a group of Barneys New York executives met across the street from 101 Seventh Avenue along with Newmark Grubb Knight Frank’s Jeffrey Roseman to reflect...

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Seating, Article Helped Make Deal of Year

Peter Ripka. (Lauren Elkies Schram) A news article and a seating arrangement helped clear the way for the deal that the Real Estate Board of New York judged the most significant to the city’s real...

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The White Whale of West 57th Street: Nordstrom appears poised for NYC

It’s the great white whale of Manhattan retail. Aside from Walmart, Nordstrom is the store every retail broker in the city dreams of harpooning and reeling into a new home. One prominent broker...

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A Richard Experience: For CBRE’s Richard Hodos, Retail Is Changing From...

Richard Hodos went from being a high-six-figure-a-year broker prior to 2013 to a seven-figure-a-year broker with headline-grabbing deals for Microsoft and Ralph Lauren, both in 2014, as well as...

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Muji Scoops Up Former Williams-Sonoma Space on East 59th Street

Japanese retailer Muji is on a tear through New York City. The clothing and home goods chain opened its first Brooklyn outpost in Williamsburg last week, and now it has leased space for another...

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Industrious to Add Coworking Spaces to Macerich Malls Around US [Updated]

Industrious, a New York City-based coworking provider, has partnered with mall owner Macerich to add flexible-office spaces into some of the company’s retail spaces around the country. The first such...

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2019: The Year of WTF

Looking back, there were three big stories in 2019: Amazon’s big sayonara to Gotham, the implosion of WeWork, and the passage of the most sweeping rent reform in New York City history. None of these...

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