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Henri Bendel
News

L Brands Shutting Down Luxury Retailer Henri Bendel After The Holidays

... -format locations in 11 states, the Fifth Avenue store in New York is its ... the first luxury retailer with an upper Fifth Avenue address, the first to hold a ... that he believes are more profitable, the Wall Street Journal reports. During his tenure, Wexner ...

Sep 14, 2018
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Blackstone Profits Handsomely From Single-Family Investment Vehicle Invitation Homes
News

Blackstone Profits Handsomely From Single-Family Investment Vehicle Invitation Homes

... about $7B, or more than twice what it invested, the Wall Street Journal reports. Investors have proven willing to buy the ... for Invitation Homes. "Over 65 million people or roughly one-fifth of the U.S. population is aged 20 to 34 ...

Nov 24, 2019
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Thor Equities Powers Forward With E-Commerce, Launches $900M Logistics Platform
News

Thor Equities Powers Forward With E-Commerce, Launches $900M Logistics Platform

... developing logistics facilities with the new venture. Sitt told The Wall Street Journal that he has been weighing a pivot from ... firm has sold off Burlington Arcade in London and 693 Fifth Ave. in Manhattan for $525M. It also defaulted on a ...

Aug 30, 2019
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The Flagship Is Sinking: Why Retailers Are Closing More Of Their Priciest Stores
News

The Flagship Is Sinking: Why Retailers Are Closing More Of Their Priciest Stores

... Wednesday, according to the Wall Street Journal.  In March, Tommy Hilfiger closed its global flagship at 681 Fifth Ave., with Daniel ... store still incorporates many of the experiential elements of the Fifth Avenue location, but has a smaller space. He said ...

Jun 03, 2019
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Kushner President Laurent Morali
News

Beyond The Bio: 16 Questions With Kushner President Laurent Morali

After selling 666 Fifth Ave. to Brookfield for $1.1B last year, Kushner has ...

May 13, 2019
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Thor Equities Defaults On Loan Payments At SoHo Retail Location
News

Thor Equities Defaults On Loan Payments At SoHo Retail Location

... $37M loan on the property at 115 Mercer St., The Wall Street Journal reports. Kooples rents the building, and has been ... , Tommy Hilfiger announced it is closing its flagship store on Fifth Avenue. Polo Ralph Lauren shut its flagship there in April ...

Apr 08, 2019
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New Eatery At Nashville's Woolworth Building Honors Civil Rights Past
News

New Eatery At Nashville's Woolworth Building Honors Civil Rights Past

... make sure that it stays." At 221 Fifth Ave. North, the Woolworth Building was ... registered historic site as part of the Fifth Avenue Historic District. One of the ... the upper level mezzanine, gilded handrails and wall accents, and hand-laid tile.  Parts ...

Dec 05, 2017
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Is Boutique Fitness A Sustainable Solution To NYC's Retail Woes?
News

Is Boutique Fitness A Sustainable Solution To NYC's Retail Woes?

... submarkets in Manhattan, including the most expensive parts of Fifth Avenue, Times Square and Herald Square, dropped. Across ... club in 2016, a 26% jump since 2009, the Wall Street Journal reported, citing International Health, Racquet & Sportsclub ...

Feb 15, 2018
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A rendering of Tower Fifth, the proposed supertall in Midtown Manhattan from Harry Macklowe
News

This Week's N.Y. Deal Sheet

... homes and an office building for a combined $75M, The Wall Street Journal reports. The three properties are at 9-11 ... for his planned, 1,500-foot office tower dubbed Tower Fifth. Red Apple Group, led by John Catsimatidis, scored $200M from ...

Mar 12, 2019
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Coworking, Co-Living Companies Are Breaking Into Private Equity Investing
News

Coworking, Co-Living Companies Are Breaking Into Private Equity Investing

... investing in commercial real estate at a growing rate, The Wall Street Journal reports. The perennially reinventing parent company of ... of Lord & Taylor's flagship department store on Manhattan's Fifth Avenue took over a year to close. In the intervening ...

Mar 12, 2019
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