"Macy's is being 'market savvy'. Any number of developers would very much want to have their Herald Square property, it’s on one of the most sought-after corners in the city, if not the country," said retail expert Faith Hope Consolo, chairman of the Douglas Elliman retail division. Read more via Real Estate Weekly
Sea-change in Consumer Behavior: Retailers Need to Catch Up
Retailers Need to Catch Up. How to cope with the accelerating pace of change and reshape the business model? "It’s all about the here and now. We are in this ‘need it now’ lifestyle. Everybody is in a big rush. It’s not about personalization. It’s about gratification,” said Faith Hope Consolo. Read more via WWD.
Faith Hope Consolo, the chair of Douglas Elliman’s Retail Group, with colleague Joseph Aquino is marketing 390 Fifth Avenue. The largest space between Lord & Taylor and the Empire State Building. “This is a game changer for that part of the corridor.” said Ms. Consolo.
New York City's Retail Scene: Awaiting arrivals, New flagships, New openings... The excitement mounts as we settle into the New Year. Read the whole article by Faith Hope Consolo. Via Real Estate Weekly.
Benefit Cosmetics is leasing 395 square feet on the ground floor of the residential co-op at 1225 Madison Avenue between East 88th and East 89th Streets, according to Faith Hope Consolo of Douglas Elliman’s retail group who represented the landlord, 47-88 Tenants’ Corp., along with colleague Joseph Aquino. Via Commercial Observer
Calendar Published in: The Commercial Observer – February 2, 2010 As a New Year’s resolution, Prudential Douglas Elliman retail maven Faith Hope Consolo has pledged never to speak publicly again—which is a lie we made up for no other reason than laughter.
Faith Hope Consolo, chairman of Douglas Elliman’s Retail Group moderated a panel of leading real estate developers at JudyNetworks Real Estate “Subway Series.” The event, entitled “First Stop Brooklyn!” was the first in a series of real estate networking conferences that will cover all four boroughs and was held in a loft venue on Water Street in DUMBO.
The regional health care group (CITYMD Urgent Care ) has signed a lease for 4,500 square feet at 3556 Broadway at 146th Street in the Hamilton Heights neighborhood. The deal was brokered by Douglas Elliman’s Faith Hope Consolo and Arthur Maglio for the landlord. Via New York Post.
The Real Deal Magazine tallied and analyzed all of Soho’s retail availability — properties that are either vacant or occupied by a tenant with a soon-to-expire lease — that is being marketed for rent. Faith Hope Consolo is currently marketing a vacant 4,800-square-foot space at 372 West Broadway. Read via The Real Deal.