Printemps, the French luxury department store, will open its first US location in March, One Wall Street developer Harry Macklowe says. The eagerly awaited launch – previously reported as happening in the spring — might be the most momentous debut ever in the retail-deprived FiDi neighborhood. French luxury department store Printemps will open its first … Read more
The shocking, premature death over the weekend of Michelin-starred chef James Kent at age 45 cast a pall over Downtown – and the Wall Street area especially. Although Kent had other projects in the works, his Saga Hospitality Group is most closely associated with FiDi. It was announced just last week that the group would … Read more
The beleaguered Wall Street-area office market saw a mild ray of hope with a CBRE report that found relatively robust leasing in May. The market saw 321,000 square feet of office deals last month, according to CBRE — 17% ahead of the five-year monthly average of 274,000 square feet. The Wall Street-area office market saw … Read more
FiDi’s sagging retail scene just got a badly needed boost. Chinese “lifestyle” and consumer goods chain Miniso, which has more than 6,000 stores worldwide including two in Manhattan, signed a 5,000 square-foot lease at JEMB Realty’s 150 Broadway at Liberty Street. The vacant corner was last home to Sephora. JEMB leasing head Joseph Hamway said the new … Read more
News that the Rudin family apparently plans to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for a lowball $160 million marks a poignant turn in the property’s history. The building which the Rudins reportedly hoped would fetch $200 million held a special place in the dynasty’s heart. When company legend Lew Rudin … Read more
A developer looking to place 15 housing units above a Mediterranean grill and shoe repair shop downtown will be seeking approval from the city’s planning agency next month. This is the first application up for consideration under a pilot program aimed at converting vacant office space into residential use, primarily in and around downtown. The … Read more
FILE: A view of Anchor Brewing Co. on Aug. 3, 2017, in San Francisco. Justin Sullivan/Getty Images The Bay Area said goodbye to many businesses in 2023. But some closures, like those of long-lived neighborhood restaurants and massive department stores, came with a dose of surprise, even shock. While a new year always brings hope, … Read more
