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PBS Ecomonic Snapshot #20 (Mar 12)

Retail & Office Leasing Update (1st Q12)

PBS Ecomonic Snapshot #19 (Feb 12)

PBS Economic Snapshot 2011-2012

PBS Ecomonic Snapshot #18 (Nov 11)

PBS Ecomonic Snapshot #17 (Sept 11)

PBS Ecomonic Snapshot #16 (Aug 11)

PBS Ecomonic Snapshot #15 (June 11)

PBS Ecomonic Snapshot #14 (April 11)

PBS Ecomonic Snapshot 2010-2011

PBS Ecomonic Snapshot #13 (March 11)

PBS Ecomonic Snapshot #12 (Nov 10)

PBS Ecomonic Snapshot #10 (June 10)

PBS Ecomonic Snapshot #9 (May 10)

PBS Ecomonic Snapshot #8 (Mar 10)


PBS Ecomonic Snapshot #7 (Feb 10)

PBS Ecomonic Snapshot #6 (Jan 10)

PBS Economic Snapshot #5 (Dec 09)

PBS Economic Snapshot #4 (Nov 09)

PBS Economic Snapshot #3 (Oct 09)

PBS Economic Snapshot #2 (Sep 09)

PBS Economic Snapshot #1 (Aug 09)

PBS Market Perspective : April 2009


Real Estate Weekly - DKNY Renews Lease for Madison Flagship
May 16, 2012
The long-term, 17,776 sf lease ensures that DKNY will continue its prominence in the heart of the Madison Avenue...

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WWD- Bal Horbour's Exclusive Focus
May 16, 2012
The demand for space is growing, as the highly-productive, 450,000-square-foot Bal Harbour Shops sets its sights on a 200,000-square-foot expansion...

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A&F / Gilly Hicks Regent Street
May 4, 2012
Recent pictures of the A&F and Gilly Hicks stores on on Regent Street, Mayfair, London...

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The Real Deal - European vacation
May 4, 2012
A flood of foreign retailers opened stores in New York in recent years, feeding off the city’s record tourism numbers. And for retail brokers, the race is still on to find chic international brands interested...

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GlobeSt.com - DKNY Renews Lease at 655 Madison Avenue
May 3, 2012
DKNY has renewed as well as extended its lease for 17,776 square feet at 655 Madison Ave. This early renewal will help the retailer keep the flagship store at the Madison...

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NREI Online - DKNY Opts for Early Long-Term Lease Renewal
May 3, 2012
Women’s retailer DKNY has renewed its long-term, 17,776-sq.-ft. lease at its flagship 655 Madison Ave. store. The renewal came before the company’s current lease expired and secures DKNY’s space through 2024...

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New York Post - Between the Bricks
May 2, 2012
DKNY has renewed and extended the lease for its 17,776 square-foot flagship at 655 Madison Ave. The early renewal will keep the luxury retailer there through 2024...

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The Stoler Report - Real Estate Trends in the Tri-State Region
April 25, 2012
A fascinating panel discussion with one of our Principals Laura Pomerantz weighing in on the most recent real estate trends in the Tri-State Region...

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The Commercial Observer - Putting the ING in Leasing
April 18, 2012
A gilded landmark once owned by Helmsley-Spear, 230 Park Avenue offers two features prized by New York office tenants and commuters alike: great views and the relative ease of working near Grand Central...

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The Commercial Observer - Stuart Weitzman Struts to 625 Madison Avenue
April 10, 2012
Stuart Weitzman, the high-end footwear company, is moving its corporate headquarters from 50 West 57th Street...

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Real Estate Weekly - 37,000 sf Weitzman deal closes
April 5, 2012
PBS Real Estate announced that Stuart Weitzman, global leader in designer footwear, has signed a 10-year lease agreement for 37,256 s/f at 625 Madison Avenue...

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The Standard NY - The Meatpacking District: Past Present Future
April 4, 2012
The MPIA (Meatpacking District Improvement Association) and The Standard, New York teamed up to make this little mini-documentary about the history and transformation of the neighborhood...

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Crain's - Stuart Weitzman a shoe-in on Mad
April 3, 2012
Stuart Weitzman is stepping into some fresh digs. The shoe company, which is owned by Jones Group Inc., recently signed a 10-year deal...

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WWD - Joe Fresh on Fifth
March 29, 2012
A bright, in-your-face shade of orange, Pantone C021, to be exact, heralds the arrival of Joe Fresh...

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NBC NY - Joe Fresh Takes Over New York City
March 28, 2012
Joe Mimran, creative director for Joe Fresh, meets with NBC Reporters to discuss spring fashion and trends, as well as the opening of the brand new flagship store...

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NBC NY - Joe Fresh Opens on 5th Avenue
March 28, 2012
Joe Fresh, started by Joe Mimran formerly of Club Monaco opens its first US store on 5th Avenue. Lauren Scala gets the scoop...

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NY Observer - O, Canada, Where Did You Get that Dress?
March 22, 2012
The kaleidoscope of New York City shopping bags is a mesmerizing thing, a language. The thrifty carry some variation of red...

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NY Post - Between The Bricks - Ippolita
March 21, 2012
Italian jeweler Ippolita is replacing Damiani at 796 Madison Ave. between East 67th and East 68th streets next door to the newly opened Cesare Attolini...

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WWD - Joe Fresh Headed to 5th Ave.
March 5, 2012
Joe Fresh is planning deeper roots in Manhattan. After opening a 9,800 sf unit in the Flatiron District...

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The Wall Street Journal - Finally, a Haven for the 'Beeroisseur'
January 5, 2012
Wine has long enjoyed the spotlight in New York, with specialty shops and restaurants designed for choosy oenophiles. Now, a traditionally more humble beverage has begun to get similar attention...

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Mannreport - The Retail Firm Behind Retail's Globalization
November 29, 2011
How do you expand a brand in today's complex retail environment? Just ask Laura Pomerantz and John Brod...

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New York Times - Bavaria Returns to the Upper East Side
November 29, 2011
Friends whose short memories did not register that the Yorkville section of Manhattan was once home to numerous German and Eastern European beer halls tried to discourage Pamela and Alan Rice from opening a beer store there...

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New York Post - Retail gold all over globe
November 20, 2011
For retailers who are watching Europe’s crisis unfold, Laura Pomerantz has some advice: Don’t panic! Last week, Abercrombie & Fitch disclosed...

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The Real Deal - Retailer Ted Baker strikes deal for flagship at 595 Fifth Avenue
November 14, 2011
British clothing brand Ted Baker has inked a lease for 12,000 square feet of space at 595 Fifth Avenue, a five-story building on the Northeast corner of 48th Street...

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WWD - Joe Fresh Opens on 5th Ave.
November 3, 2011
There will be no loudspeakers blaring, "Clean up in aisle six" or "Price check," at the 9,800-square-foor Joe Fresh store opening today at 110 5th Avenue and 16th Street...

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GQ Spain - Abercrombie & Fitch Madrid Exclusive Pictures
November 3, 2011
View exclusive pictures of the Madrid store opening day...

Pictures...

Inside Retail - Abercrombie & Fitch hits Madrid
November 2, 2011
American casual fashion retailer Abercrombie & Fitch will open its new flagship store in Madrid, Spain, today. The 14,000 sf flagship is located at No.5 Plaza del Marques Salamanca...

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Madison Avenue Spy - Joe Fresh Comes to Madison Avenue
October 5, 2011
Joe Fresh, a Canadian fashion love child between H&M and Zara, will be opening their first New York boutique on Madison Avenue...

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Stores.org - U.S., U.K. retailers increasingly targeting the market ‘across the pond’
October 3, 2011
It’s difficult to pinpoint a defining moment, but it became clear that something was afoot in 2007. Tesco export Fresh & Easy Neighborhood Market put down roots in the United States...

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West Side Rag - Serafina 77, Italian Pizza and Pasta Joint to Open
August 31, 2011
Serafina, one of NYC's most recognizable restaurant brands, will be opening on the Upper West Side at 2178 Broadway. The aptly named Serafina 77 will be serving gourmet pizzas to hungry locals within a few months. PBS Real Estate represented the landlord in the deal...

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Real Estate Weekly - Shoe Fits for Flatiron Retailer
August 30, 2011
Sperry Top-Sider, a vendor of high-end boat shoes for men and women, is opening its first Manhattan shop in the Flatiron District this fall...

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Observer- 5K-Foot Retail Deal at 103 Fifth at $275 a Foot
August 16, 2011
Sperry Top-Sider, the nautically inspired seller of boat shoes, has notched its first deal in New York City with a 5,000-square-foot retail location at 103 Fifth Avenue, brokers told The Commercial Observer...

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Bloomberg News- New York’s Meatpacking District Draws Levi’s, Loses McCartney
August 12, 2011
Levi Strauss, based in San Francisco, chose one of Sitt’s spaces on West 14th Street for its store, which features an in- house tailor. The storefront had been empty for more than eight months, according to Laura Pomerantz, one of the founding partners at PBS Real Estate LLC in New York and the broker representing both the landlord and retailer...

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Racked- The New Gant Shop on Prince Street Really Feels Like a Gant Shop
August 10, 2011
The new Gant Rugger store on 25 Prince Street in Nolita is just as vintage-inspired as you'd expect it to be. Inside, the decor hits the three Rs of store decorating: reclaimed, repurposed and reworked. The interior of the brand's third stand-alone New York...

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Racked- Gant Plans to Make Nolita Guys Even More Fashionable
June 28, 2011
Finally, another way to get your Gant fix. The nautical-inspired preppy line is opening their fourth US store in Nolita—at 25 Prince Street to be exact. WWD reports that the brand-new 1,000-square-foot space...

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NYT- American Retailers Try Again in Europe.
June 15, 2011
On a recent Sunday afternoon, the Champs-Élysées was packed with people enjoying this city’s most famous boulevard — window shopping...

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WWD- Abercrombie & Fitch Opens on Champs-Elysées
May 19, 2011
A new flagship for A&F's european retail expansion, PBS Real Estate brokered the deal...

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The New York Observer- Joe Fresh Opening in Esprit's Flatiron Space
May 13, 2011
The much-watched Canadian retailer that recently landed on Fifth Avenue with a splash of red and white, is opening its second New York City location...

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LA Business Journal- Hollywood Reporter To Relocate
April 6, 2011
The Hollywood Reporter and five associated businesses and publications are moving into the Miracle Mile’s Wilshire Courtyard complex...

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The Real Deal- Risky Retail Plan Finds Footing
April 1, 2011
The notion of a $1 billion retail blockfront on Fifth Avenue seems like a pipe dream from the boom times. But it may yet happen...

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New York Observer- Payless Picks New Lower East Side Spot
March 28, 2011
With tacky luggage getting harder to come by on the Lower East Side, it's comforting to know that at least more stylish discount shoes are proliferating...

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Rejournal- PBS Real Estate details real estate trends reshaping the NYC market.
March 22, 2011z
New York, NY As the economic rebound continues, PBS Real Estate (PBS) recently unveiled a series of new real estate trends that are reshaping the NYC market, including the diversification of key retail destinations...

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NY TIMES- Chic, Along Fifth Ave., Moves Below 50th St.
March 15, 2011
Once an unremarkable stretch of discount stores, banks and camera and electronics shops, Fifth Avenue south of St. Patrick’s Cathedral has sprung to life in the last year...

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RACKED- Jack Rogers Kicks into Madison Avenue
March 15, 2011
Jack Rogers footwear, known for almost six decades for their Navajo sandal, is opening their first-ever flagship store at 1198 Madison Avenue...

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WWD- Frey Wille Opens on Madison Avenue
March 8, 2011
Viennese fine jeweler Frey Wille tiptoed into the American market with the opening of its first New York flagship on Monday, on Madison...

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The Real Deal- Madison Avenue draws eclectic tenants
March 2, 2011
The tenant mix on Upper Madison Avenue is becoming more diverse, with the arrival of Australian boot maker Ugg and designer Michael Kors, according to a new report from PBS Real Estate...

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Crain’s NY Business- Report sees retail diversity on Madison Avenue
March 2, 2011
A new report from PBS Real Estate highlights several new trends in retail real estate in New York City, including a more eclectic group of tenants on Madison Avenue...

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WWD- Joe Fresh to Open Fifth Ave. Flagship
February 25, 2011
Joe Fresh, an apparel brand sold in Canadian supermarkets, will open a 15,000- to 20,000-square-foot flagship at 510 Fifth Avenue here this fall...

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WWD- Tom Ford Opens in Los Angeles
February 25, 2011
A star-filled party Thursday night marked the opening of Tom Ford’s first Los Angeles-area store at 346 North Rodeo Drive here...

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The Real Deal- Timberland inks deal near Herald Square
February 17, 2011
Trendy boot and clothing manufacturer Timberland signed a lease last week to open a store on West 34th Street off Herald Square, on the same block where Japanese apparel giant Uniqlo...

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Crain’s NY Business- Canadian retailers grab NYC locations

February 13, 2011
These days, America's neighbors to the north are saying, “We'll take Manhattan, eh?”
While U.S. retailers such as Target and Walmart are exploring growth opportunities in the Great White North...


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Crain’s NY Business- Real Estate Deal Watch: Italian retailer subleases from French restaurant

October 26th, 2010
Five-story townhouse off Madison Avenue to house first U.S. outpost for Milan-based menswear retailer Tincati; spot had been slated as new home of La Goulue. High-end Italian menswear retailer...


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New York Observer - Smaller Tenants Snap Up Space in Monday’s 230 Park
October 28th, 2010
It's a small tenant's world after all, as even giant 230 Park Avenue is on a roll with diminutive deals...


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PBS Economic Snapshot #12
After having turned positive in the first half, net absorption fell flat in the thirt quarter of 2010. While office vacancy rates have been generally unchanged...

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Crain’s Chicago Business - Ann Taylor closing flagship, Levi's shrinking on Mag Mile
October 13th, 2010
Ann Taylor is pois ed to close its store at 600 N. Michigan Ave. when its lease expires in early 2012, sources say. Meanwhile, Levi Strauss & Co. is looking to sublease about a third of its store next door, or 5,413 square feet...

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The Real Esate Weekly- Austrian Jeweler to Sparkle on Madison
July 14th, 2010
PBS Real Estate announced that Austrian fashion Jewler Frey Wille has signed an agreement to open its first New York...

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The Commercial Observer - Austrian Jeweler Takes Madison Space Asking $1K a Foot
July 6th, 2010
Madison Avenue continues to be the go-to street for luxury retail. Austrian fashion jeweler Frey Wille will open its first New York store at 727 Madison Avenue...

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Crains - Austrian jeweler snatches bargain on Madison
June 30, 2010
Sublease deal struck at $700 per square foot, half the price of the market’s peak; lower rents spurring spate of deals on gilded strip...

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Globe St - With Labor Figures, Time to Talk of CRE Revival?
June 6, 2010
WASHINGTON, DC – Labor Department figures released Friday disappointed many--in all sectors of the economy--with the lackluster growth in private sector hiring...

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The Deal Sheet
May 25, 2010
Caché signed a 2.2k SF lease at 1144 Third Ave., joining Canyon Beachwear, Bare Escentuals, and Thierry Rabotin. PBS Real Estate represented the tenant...

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Forbes - Buying Time For NYC's Commercial REITs
May 21, 2010
Last year, the skyscrapers of New York City grew uncharacteristically quiet. The financial crisis that roiled major New York industries left behind a trail...

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WWD - Orianne Collins Set for Madison
May 3, 2010
Swiss-based jeweler Orianne Collins plans to open her first U.S. store in September in a 3,400-square-foot space at 655 Madison Avenue, opposite Barneys New York...

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Swiss jeweler Orianne Collins to open by Barneys
May 3, 2010
New York—Orianne Collins, a jewelry designer operating multiple boutiques in Switzerland, is making her U.S. debut on Madison Avenue in New York City.
Collins has signed a long-term lease agreement for 655 Madison Ave...

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FOR THE RECORD
April 26, 2010
Purrington Moody Weil sined a 10-year 8,000 square- feet lease at 414 W. 14 St. The law firm will move into the 4th floor of the 6th story, 60,000 square-foot building owned by The Carlyle Group and Sitt Asset Management...

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Hip Lawyers Groove to MePa, Take Entire Floor on West 14th
April 19, 2010
Hip Lawyers Groove to MePa, Take Entire Floor on West 14th +Enlarge Law firm Purrington Moody Weil has leased 7,968 square feet, the entire fourth floor, at 414 West 14th Street, a 60,000-square-foot, six-story property in the heart of the meatpacking district

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PBS Economic Snapshot #8
Leasing renewals, expansions, and relocations are
increasing. When renewing leases, firms are capitalizing on lower rents and larger tenant improvement allowances in premiere office districts...


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Nov newsletr
WWD - Levi's to Open in Meatpacking District
February 3rd, 2010
The Meatpacking District, a destination for chic designer shops, is getting a dose of mass appeal.
Levi Strauss is set to arrive in the fall at 414 West 14th Street...


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Nov newsletr
New York Post - Eagle Has Landed Soho Space
February 3rd, 2010
With Meatpacking District retailers pumped by High Line Park visitors spilling into the selling street, Levi's has decided to join the party....


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tf New York Observer: Lease Of The Week
January 12, 2010

John Brod and Jason Menkes of PBS Real Estate represented Prager Sealy for 7,800 sf at One Grand Central Place...

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tf Crain's New York: 1 Grand Central Place lands another tenant
January 5, 2010

Deal with investment firm brings total leases for year to over 260,000 square feet...

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tf WWD: Brazilian Fitness Brand Track & Field Plans U.S. Push
December 23, 2009
Track & Field, a high-end fitness and lifestyle apparel brand with 36 stores in Brazil, wants to tap into the $30 billion U.S. fitness industry...

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2010 New York Observer : The Economics of Office Leasing in 2010 By Sam Chandan with John Brod
December 16, 2009

Amid the Bureau of Labor Statistics’ most recent reports of narrowing economywide job losses, the nation’s leading employment centers are exhibiting a wide range of labor-market trends...

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Nov newsletr
PBS Economic Report - December 09

Job losses have moderated substantially in recent months, reducing the pressure on landlords from rapidly falling demand for space...

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Nov newsletr
New York Times: Indulging His Everyday Indulgence

November 19, 2009
William Faulkner Once said: "The aim of every artist is to arrest motion, which is life, by artificial means and hold if fixed so that a hundred years later, when a stranger looks at it ...
(article about Armani/5th Ave)

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AF WWD : A&F Opens in Milan
OCTOBER 30, 2009
MILAN — Move over H&M — the opening of the Abercrombie & Fitch store here Thursday drew a crowd of girls with their moms, teens, university students and young men and women taking a day off from work. At 10 a.m. sharp, they all surged into...

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WWD : Abercrombie & Fitch Opening in Milan
OCTOBER 23, 2009
MILAN - Abercrombie & Fitch Co. will open its first store in Italy here next week as management looks to international markets for growth. The 32,400-square-foot flagship in a building designed by famed architect and artist Gio Ponti...

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Crain's New York Business: Goldman unit Takes Shine to Inner City
OCTOBER 19, 2009
PBS's Mort Schrader& Jeff Kahn represented 1428 Fifth Ave on the sale to Goldman Sachs & L+ M for $21,995,000.00

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WWD : A&F PUSHED FORWARD DESPITE SALES SLUMP
Hollister, Abercrombie & Fitch, abercrombie, Gilly Hicks and soon-to-be-shuttered Ruehl brands. “Those that share the experience with us will understand.” With same-store...

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