new york retail leasing activity The Faith Report

winter 2008

New York is the epicenter of Shopping

some cities hibernate in winter – but not New York. Snow, sleet, rain or sub-zero temperatures can’t keep New Yorkers from shopping or dining, or tourists from visiting to see the latest shows or shops. And New York as always has something new for all.

On magnificent , Hublot watches is com- ing to 721 Madison Avenue. Paris-based Belgian designer Jonathan Riss brings Jay Ahr to 801 Madison Avenue. London jeweler Solange Azagury-Partridge joins the lineup at 809 Madison Avenue. Cesare Paciotti reopens its boutique at 833 Madison Avenue with a grand renovation. Petit Bateau, the cult children’s clothing store, has a new home concept store at the NYC flagship (1094 Madison Avenue). French sportswear designer Vicomte Arthur debuts at 1067 Madison Avenue. Anya Hindmarch will located at 75th Street, a few doors down from Carolina Herrera. J. Crew finally unveiled its Collection

photos by robertlowellphotos.com by photos shop at 1035 Madison Avenue. Miu Miu gave us a holiday fete with the opening of the 11 E shop-in-shop. Side, Salumeria Rosi has brought its Ital- flagship. Jewels are front and center Never underestimate the Upper ian market/eatery concept to 283 Am- with two highly anticipated red-carpet East Side. Urban Archaeology moves sterdam, between 73rd and 74th Street. openings: Graff (710 Madison Avenue) to grander digs at 207 East 57th Street. B. Café West is a Belgian restaurant at and Kwiat (725 Madison Avenue). Athletics remains key, with Princeton 566 Amsterdam Avenue at 87th Street. On fabulous , Gucci Running Co. coming to Bloomie’s Coun- Ugg Boots replaces the Rockport store unveils its “one-of-a-kind” handbags try at 1059 . Asia’s Pure next to the Reebok Sports Club on Co- exclusive to Bergdorf Goodman in the Yoga at 203 East 86th Street is more lumbus and 67th Street. The same street new boutique on the main floor. The than a store; it’s a lifestyle center. Haute also will be home to an Apple store, re- Grand Concourse touts LTJ garden design Treillage has taken a sec- placing Victoria’s Secret. Zara has signed Arthur, Peter Lik Fine Art Photogra- ond spot at and 73rd for its first Upper West Side unit, with phy, Kenneth Jay Lane and Ghurka. Street. Paola’s restaurant is relocating 15,000 square feet at 1963 Broadway International luxury accessories brand from East 84th Street to the Wales Ho- between 66th and 67th Streets, the for- MCM also joined in the Plaza. The tel, replacing Joanna’s. Partners Vittorio mer location of Tower Records. Custom famed Oak Room reopened at long Assaf, Fabiano Granato and Stephanie eyewear boutique SEE will open at 207

last. Watch and jewelry designer Jo- Gout added to the city’s Mexican res- Columbus Avenue. Williams-Sonoma seph Edwards relocates to 452 Fifth taurant scene, opening Mañana at 27 has converted its store Avenue, between West 39th and West East 61st Street. The space at 157 East into Williams-Sonoma Home. After two 40th Streets. Surf design shop Quik- is now Indian eatery Darbar years in development, casual brasserie silver has taken a third location at 587 Grill. Robert Shapiro’s oyster bar and West Branch has opened at 2178 Broad- Fifth Avenue. In , seafood shack Flex Mussels occupies way at 77th Street. Steak lovers have a Brooks Brothers now occupies the for- 174 East 82nd Street. new option at Center Cut, which offers mer French Connection corner at 51st Behold Bloomies Country, as a multi- hormone and antibiotic-free meats at 44 Street. Juicy Couture rolled out the red level Victoria’s Secret is a sparkling West 63rd Street in the Empire Hotel. carpet to a duplex emporium at 650 jewel box at 58th and Lexington Avenue. For perfection, The Fifth Avenue. The spa at the Peninsula Across the street, supersized Steve Mad- Guerlain Spa at the Waldorf-Astoria has New York hotel will reopen as The Pen- den sits at 720 Lexington. Space NK has opened for pampering. insula Spa by ESPA. Saks Fifth Avenue, debuted a store-in-store at the Bloom- In lush Lincoln Center, ballerina’s fave 611 Fifth Avenue, features grand open- ingdales flagship. Capezio took a space on Amsterdam at ing of Guerlain La Maison Boutique On the unforgettable Upper West 69th Street. Time for reinvention: Street. Jeffrey Chodorow has brought bowed at 163 Duane Street. Forever 21 will fit into the iconic 1540 Almond, well known in Bridgehampton, The exciting East Village never disap- Broadway. Hello Kitty Sanrio Luxe con- to 12 East 22nd Street. Ben & Jack’s points for those looking for the new and cept shop 233 West . Steakhouse will be at 255 Fifth Avenue. unusual. Website VampireFreaks.com Chic Chelsea will have more Gra- In marvelous Meatpacking, Paige has opened its first store at 189 Avenue cious Home as the crème de la crème of Premium Denim founder, Paige Adams- A to serve those Goths who find Hot home furnishings, design and necessity Geller, plans a boutique at 869 Wash- Topic too tame. Sohung Designs Col- takes space at 23rd Street. European ington Street. Tory Burch comes to the lective, which sells apparel jewelry and menswear Efor shop-in-shop has come corner of Little West 12th Street, adjacent accessories from China-born, New York- to the IT NYC boutique at 168 Eighth to an upcoming store from Vince at 833 bred handmade clothing maker Sohung Avenue. The corner of 10th Avenue and Washington Street. Work wear-inspired Tong and other designers, opened at 23rd Street has a new entry with Il Bor- Operations will open its second location 312 East 9th Street. Vintage store Buf- dello at 470 West 23rd Street. Show- at 50 Ninth Avenue. Moschino bowed falo Exchange opened its first Manhat- room Seven is opening a freestanding at 401 West 14th Street. Barneys New tan unit at 332 East 11th Street. Cocktail boutique called Beyond 7 at 601 West York’s longstanding rumors have finally lounge meets Savile Row at Elsa, a men’s

27th Street (corner of Eleventh Avenue). come true – the company has leased suit store and bar at 217 East 3rd Street. Hotelier Michael Rawson plans a new two adjacent buildings to combine 832 At press time, The Cooper Square Hotel luxury boutique hotel in the area north Washington Street and 439 West 13th was finally scheduled to open by the end of Madison Square Park -- NoMad -- at Street. Designer sunglass boutique Sol- of November, bringing with it a Table Broadway at West 28th Street, one block stice appears on 9th Avenue and 14th 8 restaurant. The Momofuku Milk Bar, from the soon-to-open Breslin. The first Street. French luxury clothiers Zadig & serving flavored milks and baked goods, green renovated hotel in NYC, Rawson’s Voltaire has taken space at 831 Wash- opened behind Momo’s Ssam Bar, 207 entry will have a restaurant and rooftop ington Street. Second Avenue. garden to serve its 160 guest rooms and In too-hot TriBeCa, International In the wonderful West Village, Pure 11 suites with interiors designed by French Art Center, the Russian gallery for Dark chocolatier brings sweets to 350 decorator Jacques Garcia. modern art will open its first U.S. space Bleecker Street. Rag & Bone had a su- In Fabulous FlatIron, Solstice sun- at 49 Walker Street. Hailing from South per-quick opening of their flagship at glasses debuted, replacing Aerosoles at Carolina, Amanzi Tea will bring a 104 Christopher Street, joining Thom 16 Fifth Avenue at 22nd Street. The Hot contemporary spin on high tea to 166 Browne’s Black Fleece from Brooks Pit BBQ & Bar opened on West 26th Chambers Street. Bouley Restaurant Brothers label shop (351 Bleecker Street). American Apparel continues Broadway. Costume National is relocat- Loris Diran of Chanel and Versace its march across , taking the ing to 160 Mercer Street. Tools for Living fame is opening on First Street east of Banana Republic Monogram concept from parent store Design Within Reach the Bowery. store space at 205 Bleecker Street (6th has come to 142 Wooster Street. Vilebre- The Lower East Side is in the midst Avenue). Steven Alan, Soapology and quin has re-opened 436 West Broadway of major changes, as it continues to gen- Sergio Davila, a menswear designer 8th after expanding to the adjacent space. trify. Vintage boutique Dulcinee closed Avenue and 13th Street, have revealed Bebe’s fifth store is now at 488 Broad- on 127 Stanton between Essex and Nor- new shops. Ralph Lauren converted way. Hugo Boss (555 Broadway next to folk Streets on November 13 to focus on his women’s store at 380 Bleecker to Sephora) is ready for shoppers. Argentin- online and private showroom sales. his children’s line. The long-delayed 10 ean clothing brand Etiqueta Negra is tak- In the Formidable Financial District, Downing restaurant has finally opened. ing the space at the corner of Prince and the Radisson Financial hotel will rise at The Charles continues the trend of up- Lafayette Streets. Infant and children’s 99 Washington Street (at Rector), near scale Village bistro dining on West 4th apparel store Bundle’s has opened a the under-construction W at 123 Wash- ington. Other hotel projects, however, re- portedly are delayed, including the Four Snow, sleet, rain or sub-zero temperatures Seasons at 99 Church (though develop- can’t keep New Yorkers from shopping or er Larry Silverstein disputes it) and the Nobu. Australian chef Shaun Hergatt’s dining... And New York as always has SHO Shaun Hergatt opened in mid-No- something new for all. vember at 40 Broad Street. This year now ending has seen tri- umphs and travails, debuts and fare- Street. Miguelina is moving to Cooper 550-square-foot shop at 128 Thompson. wells. Undoubtedly, 2009 will bring more Square near East Sixth Street and 7 The long-awaited Vera Wang ready-to- of all. But what we must never forget is for all Mankind denim giants took 347 wear shop is nearing completion at 158 that New York, the most generous, excit- Bleecker Street. Mercer Street, with an opening by year- ing, frustrating and fun city in the world, In sumptuous Soho, Timberland is end. Aldo debuted its third Manhattan will always provide opportunities for coming to 474 Broadway, while Banana location on Broadway between Broome those strong enough and smart enough Republic expands at 552 Broadway. and Grand. Lululemon has now brought to stay. If you can make it here, you really Escada is planning 555 Broadway. East- yoga-based serenity to Broadway. A new can make it anywhere. ern Mountain Sports is relocating to 530 hotel cluster is opening around Hudson Looking forward to a happy, healthy, Broadway at Spring Street, tripling its Square, including 179 Varick designed by prosperous and store-laden 2009, store size. Victoria’s Secret has opened Peter Poon and the Charlton SoHo with a new unit at 568 Broadway. 130 Prince architecture by Lucien Lagrange, join- Happy Holidays and Happy New Year! Street will be home to Cole Haan. Ala- ing existing Sheraton Four Points, and bama-based Southern gentleman style upcoming Trump Soho, Viceroy Hotel boutique Billy Reid has taken space at and Hampton Inn. Boqueria SoHo now 54 Bond Street at Bowery. San Francis- brings tapas to 171 Spring Street. co menswear catalog Clark’s Register In Nolita, fragrance specialist Bath is now bricks-and-mortar at 339 West Junkie freshens 227 Mulberry Street.

Faith Hope Consolo, Chairman Retail Sales & Leasing Division | Prudential Douglas Elliman Real Estate 575 Madison Ave, 3rd Floor, NYC 10022 | 212.418.2020 | [email protected] | www.faith-consolo.com