District back in Fashion.About 100 retail brokers from across the city attended a luncheon on May 18th sponsored by The Fashion Center Business Improvement District. The goal of the event was to highlight the significant number of advantages the Fashion District has to offer retailers seeking space in Manhattan. "Retailers should be attracted by the Fashion District's proximity to transportation hubs Transportation hub is a location where traffic is exchanged across several modes of transport. These modes may include any of railway, tramway, rapid transit, bus, automobile, truck, airplane, spacecraft, ship, ferry, pedestrian or any other kind of transportation. like the Port Authority, Penn Station and the Times Square subway lines, as well as major landmarks like Macy's, Times Square and Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park. ," said Fashion Center BID executive director Barbara Blair Randall. "You really can't get more mid-town than this!" "Our goal is to make sure that retailers and brokers are aware of the new dynamics of the neighborhood, boasting not only America's top fashion designers, but also an interesting mix of office users and creatively based companies such as artists, graphic designers, architects and theaters. With this new tenant constituency and some of the highest pedestrian counts in all of Manhattan, the area has all the elements for a dynamic retail environment," she added. Also speaking at the luncheon was Carrol Bennett, manager of retail leasing in the real estate department of the Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. . Bennett discussed recruiting retail to the Port Authority bus terminal The Port Authority Bus Terminal often referred to merely as "The Port Authority" is the main gateway for interstate buses into Manhattan in New York City. It is operated by the Port Authority of New York and New Jersey. . "200,000 passengers pass through the Port Authority each day, which is more customers that a retailer in a small town will ever see," she said. "The location makes sense for retailing and the Port Authority is proud that virtually every retailer located in the Port Authority wishes to renew leases." Maryanne Gilmartin, executive vice president of commercial development and leasing for Forest City Ratner, discussed the new Renzo Piano-designed building that will house The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times. Ms. Gilmartin maintained that Forest City believes in the revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. of Eighth Avenue and is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. high quality retail in the building, a goal the company believes is highly achievable. The 52-story building, when completed, will have approximately 24,000 s/f of ground floor space, with approximately 700 s/f of frontage. |
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