Cartier! Versace! Vuitton! Financing Next Gen at Crown’s Ritzy Retail Focus
One day in the late 1980s, three Brooklyn brothers in their teens—Isaac, Haim and Richard Chera—followed their grandfather, Isaac, and their father, Stanley, on a trip to Manhattan. While not in...
View ArticleBrooklyn’s City Point Lands First Office Tenant
Artist management and creative content agency Art Partner has signed a 15-year lease to occupy 10,000 square feet at the City Point in Downtown Brooklyn, becoming the development site’s first office...
View ArticleVersace Leases Second Soho Retail Spot
75 Greene Street. Versace has inked a deal for 4,300 square feet of retail space at 75 Greene Street between Spring and Broom Streets in Soho. The high-end Italian designer entered a 10-year lease in...
View Article‘Queen of Retail’ Faith Hope Consolo Dies Suddenly at 73
Retail superbroker Faith Hope Consolo died early yesterday morning in her Upper East Side home at the age of 73, a spokesman for Douglas Elliman, where Consolo was the chairman of the retail division,...
View ArticleMatters of Faith: Remembering Faith Hope Consolo, the Queen of NYC Retail
“Faith was the best PR person I’ve ever met.” So said Linda Alexander of Alexander Marketing, who was Faith Hope Consolo’s publicist from 2008 to 2016. “She would elevate some of the most mundane dry...
View ArticleNew Lows for Luxury High Street Retail Across the US
It was always a sign that you were not buying genuine Gucci if you purchased it somewhere other than 347 North Rodeo Drive … But what will be the indicator if the Gucci store can’t survive at such a...
View ArticleVersace to Replace Givenchy on Madison Avenue
Italian luxury designer Versace signed a lease to replace French luxury designer Givenchy at its Madison Avenue flagship. Rent for the seven-year lease with Wharton Properties at 747 Madison Avenue...
View ArticleSunday Summary: Masks Come Off and Barnett Is Back!
At 23 months and counting since New York shut down due to COVID-19, Gov. Kathy Hochul lifted the state mask mandate this week. (Federal and local mask mandates on schools, public transportation,...
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