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BY AL BARBARINO 5/21 11:57AM Subscribe to Mortgage Like 0 Tweet 3 Share Share 1 submit  Email Share Observer Weekly ➦ The latest breaking industry updates and news—delivered Ian Schrager and his joint venture constructing the Times Square Edition hotel at 20 Times directly to your inbox every Friday morning Square has named CBRE as the exclusive leasing agent for the development’s 76,000-square-foot retail component.

Mr. Schrager, along with Witkoff Group, Winthrop Realty Trust, New Valley LLC and Maefield Development, are Subscribe to the creating a mixed-use development at the site that will include Commercial Observer in Print ➦ the 452-key hotel, 40,000 square feet of flagship dining, The latest news, interviews entertainment and event space, according to an and in-depth analyses for those engaged in the New announcement. York commercial real estate industry The retail, at the northeast corner of Seventh Avenue at , in Times Square’s bow-tie and across the street from 2 CO Now Email Archives ➦ Times Square and the iconic Coca-Cola sign, will feature 200 feet of wraparound frontage, a 25-foot-tall glass storefront and flexible floor sizes ranging from 10,700 to 14,700 square feet. RECOMMENDED FOR YOU

The 39-story hotel, created in collaboration with , will be ’s second Edition, as Mr. A rendering of the Schrager has plans for another at the landmarked Clock Tower Edition hotel. at 5 . The “luxury lifestyle” Edition brand was conceived as Marriott’s “answer to competitors attuned to younger, hipper clientele — especially Starwood Hotels and Resorts’ W line,” according to a report in the Post earlier this Orthodox Union Renews Slideshow: Inside the and Expands at World Trade Center year, which noted that Marriott will manage the hotel under a long-term agreement. 11

Promoted Content by Taboola An enormous, reportedly 18,000-square-foot high-def LED sign will wrap around the property, making it one of the largest in Times Square. Popular on CO A CBRE team led by Stephen Siegel, Andrew Goldberg and Susan Kurland will oversee the Hotel Transactions Expected to Pick Up retail leasing efforts. Winick Establishes Location Analytics Department

Law Firm Signs Lease at 875 FOLLOW AL BARBARINO ON TWITTER OR VIA RSS. [email protected] Venture Capital Firm Relocating to Grand Central Area from NJ Like 0 Tweet 3 Share Share 1 submit  Email Barbie Dreamhouse Experience Hits Florida: New York Could be Next TAGS: 2 TIMES SQUARE, 20 TIMES SQUARE, 5 MADISON AVENUE, ANDREW GOLDBERG, ASSIGNMENTS, CBRE, CLOCK TOWER, COCA-COLA, IAN SCHRAGER, MARRIOTT INTERNATIONAL, STEPHEN SIEGEL, SUSAN KURLAND, TIMES SQUARE EDITION

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