On The Floor at ICSC's New York Conference
Bisnow was on the scene of the ICSC New York Conference this week, where we snapped JLL's (and colleague photobomb victim) Michael Hirschfeld. He tells us thanks to the Internet, regional luxury fashion names began desiring national recognition. Now they want to be multinational. That's partly why his brokerage, Surge Retail, sold into JLL over five months ago; his clients wanted overseas advice. In Boston, Michael's eager to watch Newbury Street evolve as Jamestown strategically curates the many buildings it acquired from UrbanMeritage.
We also snapped Cushman & Wakefield Americas retail services leader Matt Winn, right, with NY senior director Steven Soutendijk. The top three retail stories to watch in 2014, according to Matt: the continued rise of luxury as it branches into off-prime locations (think Ulaanbaatar couture); further urbanization worldwide as people move back to cities; and a greater focus on outlets ("on fire, everywhere, every brand," he says).
