Finding Added Value in Free Time
In this business, the first few months are the toughest. Adapting to the environment of “here’s a desk, here’s a phone, GO,” isn’t the easiest thing to do as a young broker “pounding the pavement” and...
View ArticleAssembling a Team to Get the Deal Done
There are many moving parts that must work seamlessly in order to push a tenant deal across the finish line. Sure, being a knowledgeable and persistent broker is one component of the equation, but...
View ArticleDouble Charged! Enclosed Glass Sidewalk Cafes
It's officially summertime again! And for those restaurants operating with outdoor seating, here comes the extra business! While a full outdoor sidewalk café is one thing, glass-enclosed cafes with...
View ArticleThe Signature Gets the Worm
In today’s world of fast-paced retail leasing in Manhattan, a hot restaurant-equipped space does not last long on the market. Restaurateurs are perhaps the most active operators in the market right...
View ArticleThe Lower East Side and the East Village: Meccas for Concept Creativity
In recent years, the Lower East Side and the East Village have become a breeding ground for new and innovative concepts, many of which have achieved immense success in the area, leading to greater...
View ArticleSeeing Past the Words “Side Street”
In New York City real estate, “side street” is often a dirty word. Retailers associate side streets with being off the beaten path and generally out of the way. While that perception may hold true for...
View ArticleWeighing in on Key Money Deals
More and more these days, I am being approached about the strengths and weaknesses of proceeding with “key money” deals. Key money deals are lease transactions in which an existing lease is assigned to...
View ArticleInterior Designs Setting the Tone at New Restaurants
Over the course of the last few years, new design innovations and techniques have set the tone in creating a customer experience diners directly relate to a restaurant’s food. While many themes have...
View ArticleTwo Foodie Events Worth Talking About
Summer is coming to a close, and the air has become cool and crisp. While fall harvest and menu changes begin to unfold, there have been two recent events that I can’t help but talk about. This last...
View ArticleFinding Value Below and Above Grade
As ground-floor market rents continue to climb back toward the heights of 2007, retailers are beginning to set their sights higher, and lower, as demand and interest have steadily increased for above-...
View ArticleTapping into the Next Great Foodie Frontier
The NYC food scene is teeming with “next big things.” One pioneering concept brings a once-buried menu item to the forefront and the next thing you know, there’s a spin on that same concept on every...
View ArticleCooking up the Formula for a Perfect Hotel
New York City’s latest construction boom has led to a rise in sexy, boutique hotels—not your usual generic flagships but cool new concepts like the Viceroy, the Virgin Hotel and upcoming SLS Hotel on...
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