Posts Tagged ‘retail’

‘Burg Needs Its Booze: More interesting notes (following up on…

August 5th, 2010    Posted in Manhattan Homes Real Estate News
 

More interesting notes (following up on yesterday’s Apple store murmurings) from the Brooklyn Real Estate Roundtable, via the Brooklyn Eagle. South Williamsburg’s fingerish Zazza Williamsburg luxury rental building is not yet fully leased, despite those bidding wars. Also, The Edge’s commercial broker explains the complex’s CVS and liquor store leases: “We started with very lofty goals because Williamsburg is very chic, but the reality is people there need basic services.” Finally, a place for this lady to numb her pain! [Brooklyn Eagle]

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Retail Watch: Marty Markowitz’s crusade to bring an…

August 4th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_8_bkapple.jpgMarty Markowitz’s crusade to bring an Apple store to Brooklyn, thereby validating the borough’s existence in the eyes of Justin Long, might be paying off. Brownstoner reports from the most recent Brooklyn Real Estate Roundtable, where a commercial broker said an Apple store is on the way but he’s sworn to secrecy on the location. Rumors of a spot “in or around Atlantic Yards” are spreading. ['Stoner]

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Adventures in Dining: A Williamsburg retail transformation too weird…

August 3rd, 2010    Posted in Manhattan Homes Real Estate News
 

2010_8_passout.jpgA Williamsburg retail transformation too weird not to mention: Eater reports that a punk rock record store is becoming a 24-hour restaurant from the guy who operated the Burritoville mini-chain. Did we mention this restaurant will only serve breakfast and be called B.A.D.? Only on Grand Street, kids. [Eater]

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Gentrification Watch: New Supermarket Not Upscale Enough for Some Harlem Buyers

August 2nd, 2010    Posted in Manhattan Homes Real Estate News
 

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Back when much ink was being spilled over the transformation of Harlem, new condo building The Lenox debuted with a new type of business for the neighborhood anchored in its retail space: a luxury car dealership targeting professional athletes (the building is near the offices of the NBA Players’ Association). The business attracted headlines and curious crowds, but it went bust in less than a year.

The building itself has suffered some bruises in the economic downturn as well: Developer Lewis Futterman filed for bankruptcy protection on the 18 unsold apartments in the 77-unit building. In other words, Futterman really needed to find something to fill that big empty retail space, and he did: Pioneer Supermarket. Yay, a happy ending! Until the residents heard about the plan, and a couple bad apples tried spoiling the bunch.

The Best Yet Market was greeted like a conquering hero when it opened in Harlem’s Soha 118 building, so what do Lenox residents have to complain about in getting a new supermarket option in this produce-lacking ‘hood? Plenty, it seems. A building tipster forwarded along an epic e-mail chain between residents and Futterman, in which a couple of troublemakers repeatedly expressed their concerns. Some direct quotes:

1) “I have never seen a classy Pioneer Super Market, in fact they are all pretty dirty looking. We also all live on top of a subway tunnel already, we do not need to further invite rodents to our supposed LUXURY BUILDING.”
2) “I strongly oppose the installation of a Pioneer Supermarket in our
building. For starters please go to the web and read the reviews on that supermarket.”
3) “I do hope Lew steps forward and does not allow this to happen to us. Possibly we can help Lew find something more acceptable to keep up the appearance of a LUXURY BUILDING. It should not ONLY be ‘all about the money.’”
4) “Deliveries on 129th street in front of the garage and the building main entrance. Boxes and crates all over the sidewalk; like you see with any other supermarket it can’t be avoided. Major inconvenience for the people in the building.”

In lengthy e-mail responses to these residents and on the phone with us, Futterman made it clear that he always envisioned a “middle-class oriented” supermarket for the space (hence the dedicated delivery entrance). He went after Trader Joe’s, D’Agostino, Gristedes and others, but those bigger chains either deemed the 10,000-square-foot space too small or they just weren’t interested in Harlem yet. Futterman also said he approached clothing retailers like Daffy’s and Filene’s, but they didn’t bite, either.

Before the Pioneer deal was struck, he says the only other firm offer was from a dollar store, but he didn’t want to do anything to hurt the image of the building, because he’s still on the hook for 18 units (he said the bankruptcy matter should be cleared up in the next two months). As for complaints about Pioneer’s quality, Futterman told residents that the operator of this particular franchise wants to cater to “the New Harlem.”

The complaints are just from a couple residents, the developer said, and others have told him they’re happy about the supermarket, albeit concerned about noise and garbage issues (he unveiled the Pioneer plan at a condo board meeting last week, though the board has no control over the space). After burning through $500,000 carrying the empty store, Futterman said he won’t make a penny off the new lease. The dismantling of what remains of the car dealership will begin this week, and Pioneer should open in November. Will this cantaloupe controversy subside by then?
· The Lenox [Official Site]
· The Lenox coverage [Curbed]

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Retail Watch: Here’s a reason to hate this…

August 2nd, 2010    Posted in Manhattan Homes Real Estate News
 

2010_8_froyo.jpgHere’s a reason to hate this hot-as-hell summer other than sweaty pits: it’s reignited the fro-yo wars. Crain’s reports that the East Village’s 16 Handles is spreading to 5-7 more city locations soon, and chains like Red Mango and Berrywild are still looking to expand. Are we suddenly going back in time to 2008? If so, we still have time to invest in Silly Bandz! [Crain's]

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BPC Going Upscale: News of the luxurious transformation of…

July 29th, 2010    Posted in Manhattan Homes Real Estate News
 

News of the luxurious transformation of the Goldman Sachs-owned Embassy Suites (soon to be a Conrad Hotel) complex in Battery Park City has been slowly leaking out, but the entire plan was just revealed to the community board. Biggest headline: Residents and employees of the new Goldman Sachs HQ next door will have three Danny Meyer restaurants to choose from, including a fine dining destination and a Shake Shack. Meyer called BPC one of NYC’s “best kept secrets,” but said crossing a highway to get there is a little weird. [Broadsheet Daily; previously]

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Haunted Houses: Orchard Street Hell Building Swallows Up LES Boutique

July 28th, 2010    Posted in Manhattan Homes Real Estate News
 

The Orchard Street Hell Building is many things, including, perhaps, the Lower East Side’s longest-running shitshow, but is it an eater of souls? The manager of ultra-hip menswear boutique Bblessing thinks so. In a shock announcement, the Orchard Street store recently said it was shutting down. The manager doesn’t mince words when it comes to assigning blame. Writes The Cut:

Store manager Nicholas Kratochvil places much of the blame on Orchard’s so-called “Hell Building,” whose stalled construction has been the bane of nearby business owners since the recession hit. “We’re on a block with nine closed storefronts and that giant waste of a site across the street,” he says. “It’s just been hard for our business to grow when everything in the immediate vicinity is shutting down.”

Oh no, now he’s gone and taunted the demon. The Orchard Street Hell Building will see you in your nightmares, Kratochvil!
· BBlessing Selling Its Gothic Furniture to the Highest Bidder [The Cut via Racked]
· Orchard Street Hell Building Coverage [Curbed]

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Facade Facelifts: H&M Dresses Up Harlem Store in Bright New Outfit

July 26th, 2010    Posted in Manhattan Homes Real Estate News
 

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Though no one would accuse the H&M store in Harlem of being the ugliest thing on the block—this stretch of 125th Street isn’t quite AIA guide book material—the Swedish fast-fashion giant pumped some cash into a pretty thorough facelift for the building. Gone is the “big steel cube,” in Harlem Bespoke’s words, and the scaffolding just came down to reveal a bright new stucco facade with a cornice at the top. Next thing you know, Ikea will add bay windows to its Red Hook bunker.
· Classic Storefront Return [Harlem Bespoke]

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Retail Watch: Racked learns that the former Tower…

July 23rd, 2010    Posted in Manhattan Homes Real Estate News
 

Racked learns that the former Tower Records space on East 4th Street will become Blink Fitness, a sleek offshoot of gym kingpin Equinox designed by David Rockwell. Quite a change from the previous popular workout regiment at East 4th and Broadway, which was basically shoplifting Nirvana CDs and running like hell. [Racked]

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On the Racked: Target Locked on East Harlem; Bed-Stuy’s Fancy Bodega; More!

July 22nd, 2010    Posted in Manhattan Homes Real Estate News
 

And now, the latest from Racked, covering shopping and retail from the sidewalks up.

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1) East Harlem: East River Plaza—monstrosity to some, mall to all—will finally welcome its Target superstore on Sunday, saving many Manhattanites the trip to Atlantic Terminal to the other Bruce Ratner mall with a Target. Racked got into the store for a sneak preview, with photos galore. Save us a Marcus Samuelsoon “Bananas for El Barrio” dish towel!

2) Bed-Stuy: The very cool sounding Tin City will aim to offer a Duane Reade alternative and “go beyond standard soda shop territory by carrying organic food, environmentally friendly household products and a variety of personal necessities.” It’s family-owned too, so maybe the mom-and-pop ain’t dead yet. TBD!

3) Nolita: If the Christian Audigier store on Lafayette and Prince is indeed closed for good, where will Jon Gosselin get his new dragon and skull rhinestone tees? Forget it, he probably gets that stuff shipped straight to him fresh off the showroom floor.

· Racked NY [ny.racked.com]

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Gowanus Whole Foods Cleansed: Whole Foods has finished cleaning up…

July 20th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_7_wfgow.jpgWhole Foods has finished cleaning up its toxic Gowanus site on Third Avenue and Third Street. Sweet! So when is the store—promised years ago to the condo buyers along booming Fourth Avenue—finally coming? According to the Brooklyn Paper, Whole Foods “still won’t commit” to building its first Brooklyn store on the site. The seitan-sellin’ suits are sticking with the “now reviewing the possibilities” line. Mother tofu-ckers. [Brooklyn Paper; previously]

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CurbedWire: 20 Pine Seeks Shopkeep; Epic Gretsch Building A/C Rant!

July 16th, 2010    Posted in Manhattan Homes Real Estate News
 

We’re clocking out early due to heat exhaustion. See ya!

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FIDI—The last high-end Financial District condo to promise big things out of its retail space ended up with a Chipotle. We haven’t heard any big predictions from the gang at 20 Pine, but it’ll be interesting to see what turns up in the space. [CurbedWire Inbox]

WILLIAMSBURG—It’s hot as hell outside, the type of day when shelling out for a luxury apartment seems worth it just for the central a/c. Er, tell that to the resident of the Gretsch (the nicest building in the South ‘Burg) that sent us this epic rant about the building being a bit hot under the collar:

I am a resident at the Gretsch, and our AC’s break down multiple times per week since summer started. The building gets insanely hot insanely fast, and then the crack HVAC team tries to patch it up, only to see it quickly fail all over again. Here is a quick summary
May 4 – HVAC converted to AC
June 28 – A ConEd surge knocks the AC out. It is restored several hours later
July 10 – System goes down again. It is briefly fixed again
July 11 – System crashes again, but is momentarily fixed until
July 11 – the upper floors lose AC for the rest of the night. The lower floors luckily are blessed with AC.
July 12 – The building loses AC again for the entire day. The repairmen momentarily restore service
July 12 – The building manager sends out this email

“This past weekend was not a good one at the Gretsch. Saturday Morning we had the circuit breakers for our HVAC Boilers trip due to a bad relay. We needed an electrician, and we did manage to repair the problem and start the Cooling Towers. The start caused some rubber hoses to burst due to the sudden pressure, normally this would not happen but the hoses did give way and started leaking more water than we could add to the system. We did resolve that problem in one Cooling Tower, when the other one developed the leaks. As a solution and a preventive measure these hoses will be changed once a year during a full maintenance schedule for the A/C system.
This was a very frustrating issue as we had repaired one item, another problem began. The Resident Manager, George, was on top of the situation and was in constant communication with the contractors and myself. We were doing everything possible to bring the A/C back online, and we will have the A/C for the rest of this afternoon and evening.”

July 14 – Just two days later, the entire system crashes again. Service is restored just before midnight.
July 16 – Another two days later, the AC breaks down again – according to the building super’s email “As a precaution, a decision was made to change all the hoses. This decision was made so that we will not experience any future problems.”

Hoses my ass. The chatter in the building is that the five year warranty for the massive cooling towers is up, and the units are pieces of shit, which is why they keep breaking down every other day. Meanwhile, its supposed to be 100 degrees all weekend, and I need my god damn air conditioning to be on full blast.

Looks like Gretsch residents have something to be pissed about other than losing that view! [CurbedWire Inbox]

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Neighborhood Landmarks: Not every local institution is closing…

July 15th, 2010    Posted in Manhattan Homes Real Estate News
 

Not every local institution is closing or getting taken over by hip restaurateurs: EV Grieve reports that Avenue A’s Ray’s Candy Store has a new three-year lease. So ends the era of Ray’s being threatened with eviction seemingly every second of every day, but hopefully not the era of zonked-out Tompkins Square Park riffraff brawling and passing out on the sidewalk outside. [EV Grieve]

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Flashbacks: While most youngsters will remember 6…

July 12th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_7_bathhouse.jpgWhile most youngsters will remember 6 St. Marks Place as the Mondo Kim’s megastore, ad blogger Copyranter digs up quite the reminder that the building was home to the “largest bathhouse in the country” in the late ’70s and early ’80s. Something tells us the location’s current tenant, a deli and karaoke den, won’t ever have its own Wikipedia page, even if things get crazy when Lady Gaga gets played. [Copyranter]

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It’s a Small World After All: Classic City Storefronts Live on Forever…in Miniature Form

July 8th, 2010    Posted in Manhattan Homes Real Estate News
 

[Photos via Flickr/Randy Hage.]

A model maker for the film and TV industry has made a series of 1/12th-scale reproductions of old-school New York City storefronts, which sounds incredibly geeky until you look at them and realize this may actually be the coolest thing ever. Randy Hage tells Vanishing New York he ramped up his efforts when he noticed that many of these classic shops were going the way of, well, most mom-and-pops in town. For example, Soho’s Vesuvio Bakery, seen above, is now part of the Birdbath bakery chain, though the iconic storefront has been preserved, somewhat controversially. Check out some more of Hage’s incredibly detailed creations in the photo gallery, and remember, these are models. Brain. Hurting. His Flickr page has more, including comparisons with the actual storefronts. Only Derek Zoolander could find fault with these.
· Model New York [Vanishing New York]
· NYC Storefront Models [Flickr/Randy Hage]

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CurbedWire: Destructoporn Complete on Sixth Ave.; 11 Times Square Seeks Retail

July 7th, 2010    Posted in Manhattan Homes Real Estate News
 

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MIDTOWN—Been some time since we checked in on the demolition of the modernist Milliken Building at 1045 Sixth Avenue near Bryant Park. Too long, because the place is no more. A tipster confirms the building’s passing with the above photo. The Milliken will be replaced by…nothing. At least that’s the plan for now. [CurbedWire Inbox]

MIDTOWN—The 55,000 square feet of retail space in the new 11 Times Square tower have hit the market through commercial brokerage Robert K. Futterman & Associates, and while the press release doesn’t give many hints as to what businesses are being wooed to the highly trafficked corner of Eighth Avenue and 42nd Street (is the aquarium idea still floating?), it does say the skyscraper will be finished this summer. [CurbedWire Inbox]

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CurbedWire: Destructoporn Complete on Sixth Ave.; 11 Times Square Seeks Retail

July 7th, 2010    Posted in Manhattan Homes Real Estate News
 

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MIDTOWN—Been some time since we checked in on the demolition of the modernist Milliken Building at 1045 Sixth Avenue near Bryant Park. Too long, because the place is no more. A tipster confirms the building’s passing with the above photo. The Milliken will be replaced by…nothing. At least that’s the plan for now. [CurbedWire Inbox]

MIDTOWN—The 55,000 square feet of retail space in the new 11 Times Square tower have hit the market through commercial brokerage Robert K. Futterman & Associates, and while the press release doesn’t give many hints as to what businesses are being wooed to the highly trafficked corner of Eighth Avenue and 42nd Street (is the aquarium idea still floating?), it does say the skyscraper will be finished this summer. [CurbedWire Inbox]

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Retail Watch: 42-Story Midtown Tower Will Become a Shoe Store Instead

July 6th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_7_dsw.jpgA four-story glass retail box will soon go up at 213-223 34th Street, what the Post’s Steve Cuozzo calls a “splendid addition to the block between Seventh and Eighth avenues.” True (maybe?), but oh, what might have been! The developers spent “untold time and money” giving small stores and SRO tenants the boot from an old Holiday Inn to be able to clear the site for a 42-story skyscraper, so these plans are quite the downgrade. But don’t blame the credit crunch for the tower’s fall, at least not this time. The Port Authority had to come and fudge things up with its new train-tunnel project, which will claim a piece of the land intended for the big guy. So instead, 34th Street will add a DSW shoe megastore and a Duane Reade to its recent influx of big chain stores. We’re not sure how this impacts LeBron’s decision, but we’re sure someone will come up with an angle soon enough.
· Best foot forward [NYP]

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On the Racked: Harlem Target Gets an Opening Date; Whitney Sneaks; More!

June 29th, 2010    Posted in Manhattan Homes Real Estate News
 

And now, the latest from Racked, covering shopping and retail from the sidewalks up.

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[Target train photo via NYC the Blog.]

1) East Harlem: Costco is getting a friend! The brand new Target store (Manhattan’s first!) opening in the East River Plaza mall will throw open its doors on Sunday, July 25. To build some hype, check out the Target train! Unfortunately, the nearest subway to the actual store is 10,000 miles away.

2) Upper East Side: The Whitney’s got that new High Line museum to build, so where’s the money going to come from? Special edition Keds designed by Jenny Holzer, duh!

3) Times Square: Now that the gigantoid and insane Forever 21 is open in Times Square (it has different sections based on different NYC neighborhoods, for cryin’ out loud!), here’s a critical take on the madness.

· Racked NY [ny.racked.com]

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CurbedWire: Attractive Youngsters Attend Rooftop Party; Old Liquor Sign Junked

June 28th, 2010    Posted in Manhattan Homes Real Estate News
 

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FAR WEST SIDE—The new luxury rental towers are sprouting like weeds, meaning this is the summer of rooftop reveals. Last week was The Brooklyner (controversially!) and right here we’ve got a look at what’s on top of massive Hudson Yards-area building 505 West 37th Street, or 505W37. Except you can’t see much because of all the party people that hit up Saturday’s unveiling. The tequila was flowing, the Dos Equis was fizzing and the beats were pumping up on the 36th floor space. With regards to the actual roof deck, it’s needless to say that the views are spectacular, and it makes a nice pairing with the Miami-hip/nightlife-centric lifestyle of the residents that the building is catering to. Imagine the cocktail party possibilities! Rent starts at a hair over $3,000 a month for a one bedroom and $4,600 for a two bedroom. BYOB. [CurbedWire Staff]

BOERUM HILL—Now that Lost City is gone, who will cover the vintage signs beat? A tipster was probably wondering the same thing when he sent us this: “The old neon Ace Liquor sign at Atlantic & Nevins is down on the street. The owner says going for scrap. Can someone rescue?” Sure, bring her over and we’ll take care of her. [CurbedWire Inbox]

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A Real Hoot in Cobble Hill: Perhaps knowing that the residents of…

June 25th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_6_hooters.jpgPerhaps knowing that the residents of Cobble Hill are emotionally fragile, a construction crew renovating a Court Street storefront slapped up a coming soon sign for a Hooters restaurant. (It’s a bit D.I.Y., but we’ll cut ‘em some slack.) However, it’s not buffalo wings and big boobalies coming to the space, but rather a real estate office. Ugh, real estate? Borrrrrrrrrrring. [PFMA]

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Retail Watch: A business has finally claimed the…

June 11th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_6_balticgreen.jpgA business has finally claimed the Baltic Green Giant, a funky lookin’ Cobble Hill commercial space that’s been without a full-time tenant since it was first unleashed on the world. Brownstoner reports the weird space will become a weird store, selling Dutch bikes, “which are known for their sturdiness and large storage spaces in front.” (There’s a picture!) Shouldn’t the place get an orange paint job now? [Brownstoner]

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Retail Watch: Check out the steel skeleton growing…

June 10th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_6_capitalone.jpgCheck out the steel skeleton growing out of the ground of a “long blighted corner of Metropolitan Avenue and Marcy Avenue in Williamsburg,” according to Brooklyn365. Countering the belief that every blighted empty ‘Burg lot eventually becomes a condo building, this one is actually destined to become a Capital One bank, and that’s it. It probably won’t ever look as cool as it does right now. [Brooklyn365]

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Gentrification Watch: Is Harlem’s Retail Row Getting Ready for its Comeback?

June 10th, 2010    Posted in Manhattan Homes Real Estate News
 

125thstreetsmall_6_10.jpgWas it only three months ago that the gentrification of 125th Street seemed to have ground to a halt? Back in March, shopping mall developer Kimco wasn’t able to find financing for its six-story office/retail project and had to invite back at least one of the evicted former tenants. How quickly things change! Today Kimco tells the Wall Street Journal that it’s seeing new life in the strip of buildings it owns at 125th Street and Frederick Douglass Boulevard. The developer wouldn’t give too many specifics, but one exec said several big-box retailers are suddenly a lot more interested in the spot. Kimco’s now aiming for a 2011 project completion date. Guesses on the big-box tenant?
· Harlem Project May Lure Large Store [WSJ]
· Slow Going on Transformation of Harlem’s Retail Row [Curbed]

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Retail Watch: The fabulous undulating One Jackson Square…

June 9th, 2010    Posted in Manhattan Homes Real Estate News
 

2010_6_tdbank.jpgThe fabulous undulating One Jackson Square has some fabulous undulating storefronts that we hoped would attract some fabulous (but probably not undulating) retailers. Oh well, we were wrong. Vanishing New York notices that a big TD Bank is coming to the luxury condo building’s ground floor. Might this be the first bank to ever occupy space in a building that inspired a $3,000 dog house? [VNY]

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