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Central Avenue provides many options for retailers. (Retail New York).


CENTRAL AVENUE'S seven mile stretch from Yonkers to White Plains is the location of choice for national retailers in the Westchester County market.

The demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data.  are compelling in this high profile corridor, where average daily traffic counts range from 35,000 to 55,000 vehicles per day and five-mile population statistics show over one-third of a million people with average household incomes at or above $100,000.

Aries, Deitch & Endelson, Westchester's leading retail leasing, brokerage, management, and development firm, is at the epicenter ep·i·cen·ter  
n.
1. The point of the earth's surface directly above the focus of an earthquake.

2. A focal point: stood at the epicenter of the international crisis.
 of the activity along Central Avenue. In addition to maintaining its own corporate offices on Central Avenue, AD&E represents a majority of the top shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  owners along this retail thoroughfare THOROUGHFARE. A street or way so open that one can go through and get out of it without returning. It differs from a cul de sac, (q.v.) which is open only at one end.
     2. Whether a street which is not a thoroughfare is a highway, seems not fully settled.
.

In 2001, AD&E represented the owners of eight shopping centers in the leasing of 14 stores in the Central Avenue corridor. These transactions represented aggregate rents in excess of $11 million. Leases were completed at prominent centers along Central Avenue including locations in Hartsdale at the Dalewood Shopping Center, the Westchester Square Shopping Center, and Hartsdale Plaza Shopping Center; in Scarsdale at the Acropolis acropolis (əkrŏp`əlĭs) [Gr.,=high point of the city], elevated, fortified section of various ancient Greek cities.

The

Acropolis of Athens, a hill c.260 ft (80 m) high, with a flat oval top c.
 Plaza, Rockhill Plaza, Scarsdale Mini Mall, and Scarsdale Park Mall; and in Yonkers at the Central Plaza Shopping Center. Among the new retailers brokered by AD&E in 2001 are Dress Barn, Sally Beauty, G. Fried Carpet, HeMan Big & Tall, LA Weight Loss, ERA Realty, and Grandma's Pies.

"It was a banner year for us in both sales and leasing activity throughout our Westchester and Fairfield market," commented William B. Hesse, President of AD&E.

Clearly, our business focus has, and always will be directed in the Central Avenue corridor, where we continue our excellent relationships with some of the premier shopping centers owners in the Tri-State area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. .
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
Words:288
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