Tag Archives: retail

Confidence continues in the Manhattan retail market

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REBNY Research reports that the Manhattan retail leasing market is proving to be an outlier against the national retail slowdown. Increased interest from retailers has spread throughout Manhattan, showing that there is confidence in Manhattan retail overall.

As the market’s natural retail correction continues, Manhattan rental rates for 72% of… Read More

One door closes, another opens – to opportunities

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Despite headlines about store closures, retail opportunity remains positive as new stores open and alternate paradigms emerge, especially in New York’s prime urban retail corridors.

In New York City’s upper Fifth Avenue shopping corridor, Under Armour will open its newest flagship store in 2018, in the former FAO Schwarz space vacated in 2015. Old Navy and The Gap will open flagships together in the former Toys “R” Us space in the Bow… Read More

Will bank branches on every street corner become a thing of the past?

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A 20% decrease in bank branch locations is expected over the next 10 years

We’ve all heard the catch phrase “bricks versus clicks.”  But have you considered the cost savings tied to bank branch evolution from bricks to clicks?

Simple math tells an astonishing story: the cost per transaction through a bank teller is $8.00; the cost per transaction via a mobile app is $0.08.  Mobile deposit, transferring and banking has changed the… Read More

Retail Round-Up!

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With ICSC #NYnDM taking over the Javits Center in New York this week, we thought we would do a round-up all things retail news…

Podium on fashion showCHECK OUT: Retail Runway…

JLL’s retail blog takes a look at the retail runway at ICSC New York and highlights the three major themes. What’s the great news for New York City? Urban store presence and Health and… Read More

JLL New York welcomes Amanda Bokman

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Amanda Bokman joins JLL as a Managing Director and will provide tenant representation services throughout the New York metropolitan area

Bokman_AmandaJLL has hired Amanda Bokman as a managing director in its New York office. She will be responsible for new business development and tenant representation services in the New York metropolitan area. Bokman will work closely… Read More

Rapid growth in the energy industry creates ripple effect on office, multifamily and retail space

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Energy is among the fastest growing industries in the United States, expanding at two-and-a-half times the national average in the past five years, creating a positive ripple effect through the economy. In fact, according to Bruce Rutherford, JLL’s Global Energy Practice Lead, without energy, there’d be no economic growth in the United States.

With this growth comes both challenges and opportunities for energy companies, as well as real investors and developers. JLL’s 2014… Read More