The Biggest Brooklyn Leases
West Elm’s 150,000-square-foot lease at 55 Water Street in Dumbo was the crowning Brooklyn deal of a year when the big-boy developers seemed to (belatedly) pounce on Kings County all at once. News of...
View ArticleA Spec Office Building Signals W’burg’s Transformation Into a 24-7 Destination
Williamsburg's still-evolving waterfront. (Credit: Mark Stinson) Williamsburg’s real estate success story has mostly centered on its residential boom—until now. With a new speculative office tower...
View ArticleWest Elm Creates ‘Makers Studio’ at Industry City, Expands by 11,600 SF
Industry City in Sunset Park, Brooklyn. West Elm is expanding its footprint at Industry City in the Sunset Park neighborhood of Brooklyn by creating an 11,600-square-foot workspace for artists,...
View ArticleBrooklyn’s Coming Office Stock Bonanza Is About Amenities and a Curated...
Residential condominiums have long leveraged the value of adding a few shiny amenities (think gyms, swimming pools and wine cellars). This is a trend that New York City commercial buildings were slower...
View ArticleWest Elm Stretches Out at Industry City With 40K-SF Expansion
Furniture design store West Elm is expanding at Industry City in Sunset Park, with an additional 40,000 square feet for design studios for the company’s new hotel brand, Crain’s New York Business...
View ArticleLifestyle Hotels Are All the Rage Thanks to the Power of the Brand
It used to be you went to the hotel gym. Now, you can go to the gym hotel. Namely, a traveler will soon be able to check into the new Equinox at Hudson Yards. Not the fitness center. Equinox the...
View ArticleMedia Companies Jump to Dumbo With 50K-SF Empire Stores Lease
Laundry Service and Cycle, a pair of media companies controlled by the same owner, have signed a deal to relocate from Midtown South to the Dumbo section of Brooklyn. The subsidiaries of Wasserman...
View ArticleLandlord Michael Pintchik’s Big Plans for Retail on Brooklyn’s Flatbush Avenue
Decades ago, Michael Pintchik and his father Jack peered down Brooklyn’s Flatbush Avenue and saw the future. “When I was a little kid, I would drive in with my dad and he would take me to [the paint...
View ArticlePet Swag Shop LoveThyBeast Opening Flagship Manhattan Location
Boutique pet store LoveThyBeast is opening its first permanent Manhattan retail location at 300 East Fifth Street in the East Village, Commercial Observer has learned. The pet swag retailer, whose...
View ArticleABC Carpet & Home Signs 78K-SF Lease in Industry City
High-end home goods store ABC Carpet & Home is relocating two shuttered warehouse outlets—one from the Bronx and one from New Jersey—to 78,000 square feet in Industry City, Commercial Observer has...
View ArticleMitchell Gold + Bob Williams, Luxe Home Furnishings Retailer, Coming to...
This October, luxury home furnishings retailer Mitchell Gold + Bob Williams will be opening a 10,000-square-foot store in Sunset Park’s Industry City, Commercial Observer has learned. This will be “our...
View ArticleRubbermaid and Crock-Pot Parent Company Takes Space in Empire Stores
Newell Brands, which owns several household product brands including Elmer’s, Crock-Pot, Rubbermaid, Sunbeam and Sharpie is heading to Empire Stores in Dumbo, Brooklyn. The Hoboken-based conglomerate...
View ArticleJ.Crew to Open Shop at Empire Stores in Dumbo
J.Crew is opening its second Brooklyn store at Empire Stores in Dumbo, Commercial Observer learned at the International Council of Shopping Centers‘ RECon event. The national clothing brand has leased...
View ArticleSquare Mile Offers $172M Refi to Ohio Mixed-Use Project
A Cleveland-area mixed-use development has landed a $171.5 refinancing from Square Mile Capital Management, the lender announced this week. The floating-rate debt replaces debt from the project’s...
View ArticleWest Elm Opens Outlet Store in Brooklyn’s Industry City
Furniture giant West Elm has expanded its longtime presence at Industry City with a new outlet store in the Sunset Park, Brooklyn, industrial complex. The 15,000-square-foot outpost will feature work...
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