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House of Hoops Temple Coming to Herald Square
A House of Hoops—Nike and Footlocker's concept store/temple to all things basketball—will open a second New York City location at 11 West 34th Street, between Fifth and Sixth avenues, according to...
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Dolce & Gabbana Headed to Fifth in Potential $300 M. Deal
717 Fifth. Lois Weiss at The Post has a sensational real estate scoop for the fashionistas about town: [Dolce & Gabbana] just leased a massive 18,400-square-foot store at 717 Fifth Ave., taking...
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SL Green, Jeff Sutton Believe in the Luxury Consumer
This handbag kills recessions. Rip! SL Green and Jeff Sutton continue their collective tear through New York commercial real estate, contracting to buy the Valentino store at 747 Madison Avenue for...
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The REIT to Beat: SL Green’s Holliday, Mathias, Named Most Powerful
It was April 23, two days before SL Green’s first-quarter 2012 earnings were announced, and chatter was reaching a fever pitch: Would Viacom, which occupies about 1.3 million square feet at SL Green’s...
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John Grotto Parts Ways With Durst Organization
John Grotto has abruptly left the Durst Organization The Commercial Observer has learned. Mr. Grotto was a top leasing executive at the company, which is one of the most prominent landlords in...
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The Commercial Observer’s Power 100 Gala, Minute by Minute, Drink for Drink
Can The Commercial Observer party at its own party? You bet! The CO got down at its annual Power 100 celebration, which honors its picks for the top 100 most powerful, influential and successful real...
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Sutton’s Place: The Behind-the-Scenes Negotiations That Led to Jeff Sutton’s...
Before Jeff Sutton and SL Green formed a partnership to acquire 1552 Broadway last summer, the diminutive landmark was best known for the four female Broadway stars on its facade. Theater buffs...
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New Terms for SL Green and Sutton 717 Fifth Avenue Retail Condo
SL Green Realty Corp. said Wednesday that it had, along with partner Jeff Sutton, restructured and recapped the retail condo at 717 Fifth Avenue, home of Dolce & Gabbana, Armani and Escada. 717...
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Retail Brokers ‘Kicking and Screaming’ as Landlords Skip the Middle Man
Some commercial real estate brokers are “kicking and screaming” about the audacity of some city landlords who they claim are disregarding their “exclusives” with retailers by attempting to land tenants...
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Round 2: City Landlords Kick and Scream Back Following Allegations of Broker...
Some city landlords are kicking and screaming back after an article published in The Commercial Observer yesterday morning cited sources who allege that a new wave of city landlords are leapfrogging...
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American Eagle Joins Whole Foods in Harlem
American Eagle American Eagle will be expanding in Harlem. The preppy teen retailer has signed a deal for an 8,500-square-foot lease at 100 West 125th Street, the brand's most northern location in the...
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Alexander McQueen Signs Lease at 747 Madison Avenue
Fashion retailer Alexander McQueen has signed a 15-year lease for retail space at 747 Madison Avenue totaling approximately 3,400 square feet, it was announced yesterday. The tenant is expected to move...
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Harlem Shake Craze Could Boost Business At Harlem Shake Burger Joint
The owner of an upcoming Harlem burger joint must be hoping that a current YouTube meme has long legs. Jelena Pasic settled on the name Harlem Shake for her restaurant six months ago, well before a...
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Urban Outfitters Continues Streak, Leases 21,000 Square Feet At 180 Broadway
It's been a busy month for Urban Outfitters. The trendy apparel retailer is said to have inked a deal for 21,000 square feet at 180 Broadway in the Financial District. Jeff Sutton, who with SL Green...
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TGI Friday’s Relocates in Times Square
Courtesy of Waiterpay TGI Friday's will be relocating its Times Square restaurant. The popular chain restaurant will be moving to a 10,872-square-foot space at 147-149 West 46th Street from its current...
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REBNY Gives Retail Deal of the Year Honors to David LaPierre, Jacqueline...
Brokers who brought big name chain retailers to a pair of Jeff Sutton properties won big last night at the Real Estate Board of New York's Retail Deal of the Year Awards at 101 Park Avenue. David...
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Pace University Dorm Opens, One More in the Pipeline
The first of at least two major dormitories in the pipeline at Pace University is open just in time for the beginning of the school year. DNAinfo reported that 600 Pace University students have a new...
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SL Green, Jeff Sutton Acquire Retail Leasehold at Controversial 650 Fifth Ave
The court-appointed federal monitor and interim trustee of the controversial commercial tower at 650 Fifth Avenue has negotiated a deal for the retail space at the building. SL Green Realty has...
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Jeff Sutton Sole Owner of 747 Madison Avenue Retail
Jeff Sutton is the buyer of SL Green's 33.3 percent stake in the retail co-op at 747 Madison Avenue, according to a New York Post report. The deal makes Mr. Sutton the sole owner of the space. SL Green...
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Adding Value with Neil Kessner
On June 17, 2013, the head of SL Green’s in-house legal team, Neil Kessner, hopped on the subway with the firm’s president, Andrew Mathias, and headed to 1 Saint Andrews Place to meet retail bigwig...
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