|
|
|
|
|
AM New York - November 19, 2009
Money What's In Store For City Retail
Names as diverse as Brooklyn Flea, Wired and Bailey's liquor are dipping their toes in Manhattan retail for the holidays. The test for some pop-ups is if they sign-on to longer leases, which Faith Hope Consolo, chairwoman of retail leasing and sales at Prudential Douglas Elliman, said she is seeing more often.
To view the article in its entirety please click
here
|
|
|
New York Post - November 17, 2009 Post Focus on Commercial Real Estate
Lease Action On Sixth Avenue
The latest retail deal brings something new to the prime shopping stretch north of 57th Street - not another Italian, French or British name, but one from India. Kimaya, that nation's leading fashion house, has just inked for 4,500 square feet on two floors at 717 Madison Ave. between 63rd and 64th street. The asking rent was said to be $2 million a year, although Prudential Douglas Elliman's retail leasing chief, Faith Hope Consolo, who brokered the deal, declined to confirm that figure.
To view the article in its entirety please click
here
|
|
|
Investors.com - November 11, 2009 Edition of Investors Business Daily -
News Business - Pop-Up Stores Fill Retail Space As Vacancies Hit Decade Highs
"There's never been so much vacant (retail) space. And the prices are reasonable," said Faith Hope Consolo, chairman of the retail division of Prudential Douglas Elliman, the largest real estate services company in New York.
Retailers have the opportunity to test stores in neighborhoods they couldn't get into before, such as SoHo and Madison Avenue in the Big Apple, Consolo says.
To view the article in its entirety please click
here
|
|
|
Mann Report - Retail - November 2009
Faith On Fashion The New way To Shop
Whatever your passion, you can find a little of everything in the city that has it all! More surf and skin: instead of turning the former Hickey Freeman shop at 668 Fifth Avenue into Abercrombie kid's store, Abercrombie & Fitch has opted to open another Hollister to cater to the uptown tourists.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - November 2009
Retail Property - London & New York
On Fifth Avenue, British jeweller Garrard debuts a high-profile shop-in-shop in Saks. The East 57th Street corridor has rolled out the red carpet for French menswear brand Zilli at the Four Seasons Hotel, steps away from the new Audemars Piguet boutique at 65 East 57th.
To view the article in its entirety please click
here
|
|
|
Fox Business - Video - November 10, 2009
Pop-Up Stores: Here Today, Gone Tomorrow
Faith Hope Consolo of Prudential Douglas Elliman on what retailers are doing to boost holiday sales.
To view the article in its entirety please click
here
|
|
|
Pursuitist - November 8, 2009 Travel -
Starwood Commands Top Price For Luxury Shops At St. Regis
Hotel operator Starwood Hotels & Resorts Worldwide Inc. this week sold the 24,700 square feet of shops in its 229-room St. Regis hotel in Midtown Manhattan to a group of three buyers for a whopping $117 million in cash. That’s $4,736 per square foot, more than three times the next priciest deal in Manhattan in recent years, according to Faith Hope Consolo, chairman of Prudential Douglas Elliman, a New York-based brokerage.
To view the article in its entirety please click
here
|
|
|
Daily News - November 7, 2009 Lifestyle -
Your Guide to Flushing, Queens: A True New York Melting Pot With a Booming Chinatown
While the recession has hurt development in the district, the area is still a growing housing and commercial area. The Queens Crossing Mall opened last year, catering to increasingly wealthy Chinese and Korean immigrants. The Rockefeller Group is constructing Flushing Commons, a mixed-use development space downtown. “Major streetscape improvements are underway in the neighborhood," adds Faith Hope Consolo of Prudential Douglas Elliman, and new lights, signs, benches and plantings have been added throughout downtown.
To view the article in its entirety please click
here
|
|
|
Wall Street Journal - November 6, 2009
WSJ Blogs - Developments - Real Estate News And Analysis From The Wall Street Journal - Starwood Commands Top Price For Luxury Shops At St. Regis
Hotel operator Starwood Hotels & Resorts Worldwide Inc. this week sold the 24,700 square feet of shops in its 229-room St. Regis hotel in Midtown Manhattan to a group of three buyers for a whopping $117 million in cash.
That’s $4,736 per square foot, more than three times the next priciest deal in Manhattan in recent years, according to Faith Hope Consolo, chairman of Prudential Douglas Elliman, a New York-based brokerage. The shops in that expensive space at Fifth Avenue and 55th Street are De Beers Diamond Jewelers Ltd., Pucci and Bottega Veneta.
To view the article in its entirety please click
here
|
|
|
Time.com - Business & Technology - November 6, 2009
Shopping With A Time Limit: Why Pop-Up Shops Are Hot
"Pop-ups are a national phenomenon," says Faith Hope Consolo, head of retail leasing at Prudential Douglas Elliman. “They are making a short-term investment for what could be a long-term gain, “says Consolo, who has been besieged with requests for prime pop-up locations throughout New York City. Ann Taylor, for example, tried three pop-ups in New York City in early October, and after they closed, traffic to the permanent Ann Taylor stores in those areas increased.
To view the article in its entirety please click
here
|
|
|
Chain Store Age - November 5, 2009
I Love New York Retail
Deals may take a bit longer, and require a bit more handholding, but they are getting done, from value tenants to ultra luxury. The biggest news, according to Faith, is the coming of the long-awaited Nordstrom Rack to the former Virgin Megastore space near Union Square.
To view the article in its entirety please click
here
|
|
|
Huffington Post - November 5, 2009
The Faithful Shopper: Uptown Plaza Versus Downtown Limelight
If New York is the world headquarters of people looking to reinvent themselves, why should retail here be any different? I am all about retail revamps, new concepts and beautifying our shopping landscapes. And right now, we're seeing two very different styles of retail complex renovations (one uptown, one downtown), and a third continuing on the upswing. All are or will be worth a look
To view the article in its entirety please click
here
|
|
|
To Find The Best In Retail You Need Faith
November, 2009
The Faith Report is the benchmark for retail leasing and sales activity information in New York City and the Hamptons. Published quarterly, The Faith Report is widely circulated and read throughout the fashion and real estate industries worldwide. To sign up for automatic e-mail delivery, visit http://www.faith-consolo.com/faithreport.htm
To view the article in its entirety please click
here
|
|
|
USA Today - October 30,2009
Pop-Up Stores Help Fill Mall Space During Economic Slump
There is a perceptual benefit to temporary leasing, says Faith Hope Consolo, chairman of Prudential Douglas Elliman's retail leasing, marketing and sales division. It makes malls and blocks look, well, less pathetic.
"You go up and down the street and think, 'What is this? It looks like a demolition project," says Consolo, who is based in Manhattan. "So part of it is the psychology."
Consolo, who calls the trend "pop and shop," says short-term leases that last three months or even just two years have become "more fashionable." It allows brands and stores to test concepts and neighborhoods to see if they are good fits.
To view the article in its entirety please click
here
|
|
|
NYCLA - New York County Lawyers' Association - October 27, 2009
Faith Hope Consolo To Lead Discussion On The State Of The Retail Market
Retail Queen Faith Hope Consolo has been tapped to lead a discussion
on the current retail environment in New York City at the Real Property
Section of the New York County Lawyers’ Association (NYCLA).
Ms. Consolo will touch upon such topics as the increases in tenant
bankruptcies and foreclosures, as well as explain how lawyers can help
clients minimize exposure.
To view the article in its entirety please click
here
|
|
|
Real Estate Bisnow – New York - October 23, 2009
Develop, Inspire, Grow
NYCREW held a panel on the art of the NYCREW deal, showing the attendees how referrals and working together bring results. Moderator Karen Dome of Justdan Realty joins Crowell & Moring’s Barbara Champoux, Ferzan Robbins & Associates’ Liz Muskat (NYCREW prez), and Prudential Douglas Elliman’s Faith Hope Consolo. Faith notes that it’s imperative that you look for a broker that becomes part of your company; your goals become the broker’s goals, and most importantly, the broker listens. Make sure to bring team members like attorneys and architects on early, she adds, to make sure your business and bottom line are not impacted by hasty decisions or hidden costs.
To view the article in its entirety please click
here
|
|
|
NYCREW Network Panel Discussion - October 22, 2009
"Commercial Leasing: Where Are the Deals?"
Retail Queen Faith Hope Consolo, along with Elizabeth Muskat, Managing Director, Ferzan, Robbins & Associates LLC and Barbara E. Champoux, Partner, Crowell & Moring LLP will lead a panel discussion on “Commercial Leasing: Where Are the Deals?” as part of the New York area Chapter of Commercial Real Estate Women’s Network (NYCREW) series, “NYCREW and You: The Art of the Deal.” The panel will focus on today’s commercial leasing market, with an emphasis on retail in New York City.
To view the article in its entirety please click
here
|
|
|
Real Estate New York - September/October 2009
Third Annual Women Of Influence - Making Strides, Gaining Momentum - At the top of their game in a challenging market, this year's honorees see more opportunities to shine
Faith Hope Consolo, Chairman, Retail Leasing & Sales Division of Prudential Douglas Elliman: Consolo oversees retail operations for Prudential Douglas Elliman's offices across the New York metro area and nationwide. She has been the top producer in the company's commercial division for four consecutive years, completing transactions in excess of $3,9 billion with retailers including Buccellatti, Fogal, Jimmy Choo, Henri Bendel and Cartier. Her view: "Successful retail brokerage is more than just site selection; it is also an involvement in transforming communities and telling America where to shop."
To view the article in its entirety please click
here
|
|
|
The Commercial Observer - October 20, 2009
On Deadline: Shopportunity For Retailers
Faith Hope Consolo told The New York Times' Vivian Marino that the number of retail leases is up from last year, although that doesn't mean business is better. "The number of transactions that we're doing has tripled from last year, but that is not equated in dollar volume. So the deals are getting done because the rents are very attractive, said Ms. Consolo.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - October 2009
Retail Property - London & New York
On Fifth Avenue, de Grisogono, Swiss jeweler and watchmaker, will have an atelier in the Pierre Hotel at 61st Street. Fashion Week witnessed the debut of the Tommy Hilfiger flagship at no. 681. Versace now has a shop-in-shop at Bergdorf Goodman.
To view the article in its entirety please click
here
|
|
|
The New York Times - Sunday, October 18, 2009
Square Feet The 30 Minute Interview Faith Hope Consolo
Ms. Consolo is the chairwoman of Prudential Douglas Elliman’s retail leasing, marketing and sales division. She has represented both landlords and tenants, including many luxury retailers.
Interview conducted and condensed by Vivian Marino
To view the article in its entirety please click
here
|
|
|
The New York Times - Sunday, October 18, 2009
Square Feet The 30 Minute Interview Online: Audio Clips - More Excerpts From The Interview With Ms. Consolo: nytimes.com/realestate
Faith Hope Consolo Discusses The State Of Real Estate
• Predictions For The Holiday Season
• NoLita And Madison Avenue
• Interest in The World Trade Center Site
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine - September 2009
District For Designers - Faith's Fashion Focus: Union Square Savior - Faire
Union Square has long been one of New York's busiest, high energy neighborhoods, combining stunning architecture with practical offerings of retail and dining. The streets surrounding and near the park already are home to number of major chains, including Barnes & Noble, Sephora, as well as local legends such as Fish's Eddy. The big announcement that Nordstrom Rack will take the former Virgin megastore space next year is just the latest big box to take big space on or near Union Square.
To view the article in its entirety please click
here
|
|
|
National Real Estate Investor – September 2009
Women Lose Ground in C-Suite
Among other nominees for National Real Estate Investor’s 2009 Outstanding Women in Commercial Real estate is Faith Hope Consolo, chairman of the Retail Leasing and Sales Division at Prudential Douglas Elliman in New York City, where she heads a team of 28 people.
Consolo played a key role in transforming sections of Manhattan, bringing new retailers to Fifth Avenue, Madison Avenue and Times Square with a facelift costing more than 15 billion.
To view the article in its entirety please click
here
|
|
|
The Commercial Observer – September 29, 2009
Calendar
In bad times and good, you always have to eat, which is why there’s a thriving McDonald’s on just about every corner these days. Faith Hope Consolo intends to illuminate how and why adding another McDonald’s to burgeoning retail development is a smart bet in these turbulent times.
To view the article in its entirety please click
here
|
|
|
Footwear News - September 28, 2009
Shop Talk: Devi's New Digs
Devi Kroell is set to open a store on New York’s Madison Avenue near
63rd Street in October.
Faith Hope Consolo of Prudential Douglas Elliman, who brokered the deal, said the location will be a good fit for the designer.
“[Madison Avenue] really is the street for luxury shopping, [and Devi will be] next to all the major designers and jewelers,” Consolo said. Roberto Cavalli, Prada and Fred Leighton are a few of the notable names within a few blocks.
To view the article in its entirety please click
here
|
|
|
New York Magazine - September 27,2009
Guides: The Micro-Economy of Union Square
It came as a surprise to many observers that by August, the Related Companies, which owns One Union Square South, had announced that a 24-hour Best Buy would open in November in the Circuit City location, to be followed by a Nordstrom Rack next spring in part of the space where Virgin used to be.
“Nordstrom had been looking to move into Manhattan for five years,” says Faith Hope Consolo, head of retail leasing and sales at Prudential Douglas Elliman.
To view the article in its entirety please click
here
|
|
|
CBS News – September 27, 2009 WCBS – Channel 2 –
Holiday Crunch
Faith Hope Consolo expounds on the NYC retail market.
To view the article in its entirety please click
here
|
|
|
The New York Daily News – September 18, 2009
The Closer
The chairwoman of Prudential Douglas Elliman’s retail division, Faith Hope Consolo, has racked up another award. The Queen of retail, as she’s fondly called, was named one of the “Top Women in Real estate” by NY Residential magazine.
To view the article in its entirety please click
here
|
|
|
The Huffington Post - September 16,2009 The Faithful Shopper:
Never Underestimate Our Diverse Destination New York City is an Urban Escape
What a way to celebrate a 400th birthday! Founded in 1609, New York is
celebrating its quadricentennial by defying the odds and predictions of
economic doom: just walk around Times Square any day of the week, at any
hour of the day, and you're going to see hordes of happy tourists. For every local who works in a nearby office building, dozens of out-of-towners are enjoying our streets, and event the experimental pedestrian promenade around the square.
To view the article in its entirety please click
here
|
|
|
Promenade Magazine –September, 2009 Shopping New York
Fresh Faces on the Retail Landscape
Yes, the recession has taken something of a retail toll, but in certain Manhattan neighborhoods, you’d never suspect there is any problem
renting stores and boutiques. Retail-rental diva Faith Hope Consolo, Chairman, Retail Leasing, Marketing, and
Sales Division of Prudential Douglas Elliman, notes, “Since the beginning of the summer, there has been more than a renewed interest
in the New York retail landscape, particularly among international retailers. Most recognize that now is their shopportunity to position
themselves in the best commercial corridors, and with an advantageous deal.”
To view the article in its entirety please click
here
|
|
|
Real Estate Bisnow – New York - September 16,2009
Top Women
Last night, we stopped by Club 101 for NY Residential magazine's Top Women in Real Estate, its fourth annual awards recognizing residential and commercial crème de la crème. Publisher Lori Sokol (far right) with the honorees:
(standing) HLW's Susan Boyle, JFK&M Consulting's Cindy Feinberg, Gotham
Developers' Melissa Pianko, The Cheshire Group's Susan Hewitt, Sorgente Group's Veronica Mainetti, The Argo Corp.'s Lynn Whiting, Borah Goldstein's Harriet Polinsky,Hudson Land Co.'s Wendy Craft, Africa Israel USA's Lori Ordover; (seated) MLBKaye International Realty's Marilyn Kaye, and Prudential Douglas Elliman's Faith Hope Consolo. Also honored: Trump's Ivanka Trump, Manhattan Mortgage Co.'s Melissa Cohn, Brown Harris Steven's Paula Del
Nunzio, and Guzov Ofsink's Allison Scollar.
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine – 4th Annual “Top Women In Real Estate” Awards - September 15, 2009
Prudential Douglas Elliman’s Faith Hope Consolo Named “Top Woman in Real Estate”
Each year, the coveted award is given out to a select group of prominent women in the industry. Along with Ms. Consolo, the 2009 honorees include Melissa Cohn, President of Manhattan Mortgage Company; Marilyn Kaye, President of MLBKaye International; Ivanka Trump, Vice President, the Trump Organization;
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - September, 2009
The New York Luxur
A number of luxury brands – particularly European names – who had been looking for years for the right store space are now
managing to break onto the market. Faith Hope Consolo, godmother of New York retail property, commented, “Right now,
we’re seeing the shopper focusing on the specialty boutique rather than the larger stores such as Saks, Bloomingdales or Bergdorf.”
To view the article in its entirety please click
here
|
|
|
Luxury Briefing –September, 2009
Retail Property - London & New York
On Madison Avenue, Marni expanded from its SoHo outpost to Madison and 67th, next to Isaac Mizrahi’s upcoming Big Apple debut. Hervé Leger is poised to take space at no 804. Stubbs & Wootton opens in the Carlyle Hotel. On the Upper East Side, one legend is emulating another: Bloomingdale’s has installed a Harrods-like collection of instore boutiques – Louis Vuitton at the corner, joined by Ralph Lauren, and British cosmetics nirvana Space NK locating in a renovated interior.
To view the article in its entirety please click
here
|
|
|
Mann Report - September 2009- The Departments - Commercial Corner
Faith Hope Consolo
Faith Hope Consolo, the “Queen of Retail”, is the country’s most renowned retail consultant and broker, Not only do landlords and tenants rely upon her knowledge of real estate markets and consumer trends, but time ands again she has played a key role in revitalizing and sculpting shopping corridors across the nation. The volume, size and distinction of her transactions, combined with her extraordinary experience in a global range of markets, have set a high standard among real estate specialists.
To view the article in its entirety please click
here
|
|
|
The Huffington Post – August 31, 2009 New York News- The Faithful Shopper:
Retailer Report Card - Power Push To Make The Grade
This means that back-to-school is more competitive than ever, and retailers are gearing up expansions and massive promotions to draw students and their parents. Among the youth-oriented stores opening in town are: Hollister, 600 Broadway in Soho, is big, bad and central, with model perfect shopgirls and shopboys to match; Crewcuts, whose upscale children's apparel is favored by the Obama girls, at 1190 Madison Avenue; Lemonade a new children's apparel concept at 1038 Lexington Avenue; and a reopening of Guess' Soho flagship at 537 Broadway.
To view the article in its entirety please click
here
|
|
|
CREW Network- August 2009 - News You Can Use
The Changing Ethnicity of North America
It's a quiet revolution, one that is predictable and has been predicted, but thus far seems to have been
ignored by retailers and manufacturers. If current demographic trends hold, the United States and Canada are changing to become more diverse racially and ethnically, and retailers will have to respond accordingly.
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine - August 2009 - District For Designers - Faith's Fashion Focus
Helo, High Line
Hungry shoppers will find plenty of choices in the
High Line, with a multitude of splendid eateries directly
along or below the High Line Park.
The High Line is New York’s newest retail runway,
where style is defined by where you shop, where you dine,
and where you rest your head. The entire city is looking
forward to 2010 when Section 2, which extends from 20th
Street to 30th Street, opens to the public!
To view the article in its entirety please click
here
|
|
|
The Advertising Age - August 31, 2009 Pop-Up Stores Pop Up as Inexpensive Way to Build Buzz
Why Temporary Stores Are Picking Up Steam And What to Consider Before Trying Your Own
Faith Hope Consolo, chairman of the retail division at Prudential Douglas Elliman, said landlords are embracing the shops in part because it keeps activity on the street alive. If a street starts to become quiet, shoppers will move on to other areas and may not return, even when business picks up, she said.
Landlords love these shops. It gives them some income while they continue to search for and negotiate with permanent tenants. And in some...
To view the article in its entirety please click
here
|
|
|
Blomberg.com – August 24, 2009
Apple May Be Highest Grossing Fifth Avenue Retailer
Apple’s Fifth Avenue emporium probably has annual sales of more than $350
million, topping any of the chain’s other outlets.
That’s the equivalent of selling one Mercedes-Benz C300 sedan per square foot. Apple may be the highest grossing retailer ever on Fifth Avenue, said Faith Hope Consolo, chairman of the retail leasing and sales division at Manhattan-based Prudential Douglas Elliman Real Estate.
To view the article in its entirety please click
here
|
|
|
Blomberg.com – August 24, 2009
Apple May Be Highest Grossing Fifth Avenue -Retailer - Video
As vacancies increase and retail sales throughout the U.S. remain a shadow of the decade’s boom, Apple Inc.’s stores are defying the recession. Apple may be the highest grossing retailer ever on Fifth Avenue, said Faith Hope Consolo, chairman of the retail leasing and sales division at Manhattan-based Prudential Douglas Elliman Real Estate.
To view the article in its entirety please click
here
|
|
|
Fox Business News – August 17, 2009 Money For Breakfast
Rivals: Macy's vs. JC Penney
Faith Hope Consolo of Prudential Douglas Elliman Real Estate and WSL Strategic Retail President and COO Candace Corlett on the retail rivalry between Macy's and JC Penney.
To view the article in its entirety please click
here
|
|
|
Footwear News – August 10, 2009
Breaking News – Changing Tides
The high-end Hamptons market has been hit hard by the economic crisis, forcing retailers to change their game plans and landlords to offer sweeter incentives to attract new business. While some retailers are scrapping plans to enter the Hamptons altogether, many have been able to take advantage of short-term leases to test their luck in the market.
“A lot of these leases were done late. ... [These brands] wanted to get their toes in the water,“ said Faith Hope Consolo, chair of retail leasing, marketing and sales for Prudential Douglas Elliman, which operates several offices in the Hamptons.
To view the article in its entirety please click
here
|
|
|
WGSN – August 9, 2009 Retail Talk
New York Retail Update: New Stores
"This recession has been unusual in that all levels of real estate have been affected from the luxury boutique to Starbucks. But luxury restaurants remain crowded - though I suspect people aren't splurging," said Faith Hope Consolo, chairman of the retail leasing, marketing and sales division of Prudential Douglas Elliman.
"In the midst of a global recession, to see rent declines of 20% or less year-over-year that still largely surpass the figures of two years earlier is a testament to the strength of this market and our neighborhoods," said Consolo.
To view the article in its entirety please click
here
|
|
|
Real Estate Bisnow – New York - August 6, 2009
Women of Valor
One of the first Women of Valor, Prudential Douglas Elliman’s Faith Hope Consolo, center, congratulates fellow CREW network members Rebecca Mason and Lucy Carter.
To view the article in its entirety please click
here
|
|
|
The Huffington Post - August 6, 2009 New York News
The Faithful Shopper: Let’s Put Our Industry In Focus
Yes, we may be coming up on the dog days of summer, even as the stores are filled with fall merchandise and the news is filled with question marks about the economy. But smart retailers are continuing to shake up the New York shopping scene, jumping into the competitive fray just as our economy is beginning to turn. In short, retail is reinventing itself yet again!
To view the article in its entirety please click
here
|
|
|
Real Estate New York- July/August 2009
The Year’s Top Dealmakers – Commercial Brokers 2009 – All Stars
Those included in this annual section were selected by the editors from nominations submitted. The brokers provided all data. The final selections are listed in alphabetical order. It is still a man’s world: Three of this year’s top brokers are women.
For each broker listed, the leasing and sales information represents the 12-month period from June, 2008 to May, 2009.
To view the article in its entirety please click
here
|
|
|
CREW Network Convention & Marketplace –“Opportunities Rising: Revival of the Fittest" - Sept.30 – Oct.3, 2009
Faith Hope Consolo to Speak on Market
Retail Queen Faith Hope Consolo will impart her expertise and
perspective on the market at “Opportunities Rising: Revival of the
Fittest,” the national conference sponsored by Commercial Real
Estate Women (CREW) Network.
As part of a special panel on “Food as Fashion”, Ms. Consolo will
share her observations on the state of the market, and the growing
importance of restaurants to the retail mix, as she moderates a panel.
To view the article in its entirety please click
here
|
|
|
The Huffington Post - July 29, 2009 New York News
The Faithful Shopper: NYC Bounces Back
Is the retail funk finally ending at the high end?
According to Unity Marketing's July 2009 Luxury Tracking survey,
some 48 percent of consumers of luxury products believe the worst is over.
In recent months, my own team has leased extremely desirable stores to businesses popular with
this demographic, including artist Deborah Buck's Buck House at 1318 Madison Avenue in
Carnegie Hill and Shoe Woo at 750 Lexington Avenue, directly across from Bloomingdale's.
To view the article in its entirety please click
here
|
|
|
Footwear News – July 2009 Retail Guide - The Ultimate Shopping Handbook
Shop Talk – What’s In Store?
The recession has hit the real estate market hard. Among the cities most impacted are New York and Las Vegas. So Footwear News asked Faith Hope Consolo, chairman of the retail leasing, marketing and sales division of Prudential Douglas Elliman Real Estate, to weigh in on the situation in Sin City and the Big Apple.
To view the article in its entirety please click
here
|
|
|
The New York Observer – July 14, 2009 Daily Transom
Antiques Maven Consolidating Shops on Madison
Ms. Buck—artist, antique purveyor, Dalton mother, Carnegie Hill resident and wife of philanthropist Christopher Buck—has just leased the ground floor, basement and garden at 1318 Madison, where she plans to combine both of her spaces into one big Buck House. The store, it should be said, is quite a nice score for the landlord of 1318 Madison, who was represented by Prudential Douglass Elliman Retail’s Faith Hope Consolo and Joe Aquino.
To view the article in its entirety please click
here
|
|
|
Real Estate Bisnow - New York – July 16. 2009
This Morning’s Schmooze
This good-looking group of MetLife's John Vazquez, CB Richard Ellis' Paul Amrich, Cushman & Wakefield's Mitch Konsker, Prudential Douglas Elliman's Faith Hope Consolo, Monday Properties' Anthony Westreich, and sponsor Greenberg Traurig's Nelson Migdal (plus Mark Bisnow) gave us an office and retail overview. Faith summed up retail in one great word—shopportunity.
To view the article in its entirety please click
here
|
|
|
GlobeST.TV – July 7, 2009 Leadership Series
Faith Hope Consolo Sees the Bright Side of Retail
It's not all doom and gloom in the sector, New York retail broker says.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing – July/August 2009
Retail Property - London & New York
On Madison Avenue, watchmaker extraordinaire François Paul Journe comes to no 721 in the former Graff store. Camper took 635 Madison, the north-east corner at 59th Street. Piazza Sempione will soon reveal details of Madison Avenue emporium – stay tuned.
To view the article in its entirety please click
here
|
|
|
The New Yorker– July 6 & 13, 2009
The Talk of The Town - Dept. of Hoopla Stain Gang
The real-estate broker Faith Hope Consolo, who wore pink, had a red-wine story, too: white Valentino dress; interior decorating awards ceremony in Los Angeles.
To view the article in its entirety please click
here
|
|
|
The New York Observer – July 1, 2009
A Farewell to Hermes? Luxury Retailers Test Waters in Hamptons
As Manhattanites pack up their cars and zoom east on Friday, July 3, they will find Hamptons street rather spiffed up despite dire economic predictions. According to real estate broker Faith Hope Consolo’s new retail newsletter, a branch of Michael Kors has opened at 55 Main Street in East Hampton this season.
To view the article in its entirety please click
here
|
|
|
Crain’s New York Business – June 2009 – Real Estate - 2009 City Facts
Retail Rents by Neighborhood
Times Square continues to be the most expensive area for retailers. SoHo/NoLIta is projected to post the larg-est rent drop in 2009, a decrease of $70 per square foot.
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine – June 2009
District for Designers - Faith’s Fashion Focus: New York is Timeless
When it comes to luxury items, time may be on our side, literally. For the past couple years, an exclusive coterie of deluxe watchmakers and jewelers have entered the New York marketplace, choosing the most select locations in which to set up shop. Fifth Ave. and Madison Ave. seem to be the primary beneficiaries of this ‘watch-full” largesse, but there is also activity downtown in the Financial District. As always, Jewel Mile is New York’s timeless shopping destination.
To view the article in its entirety please click
here
|
|
|
Open House - LX.TV/NBC – June 28, 2009
One Hundredth Anniversary
To view the article in its entirety please click
here
|
|
|
AREW Annual Members Luncheon – June 2009
Founder’s Award Presentation
Faith Hope Consolo, Past President of the Association of Real Estate Women, longtime member of AREW and creator of the organization’s prestigious Founder’s Award, commends her own company’s support of women in real estate and is thrilled that the organization has enjoyed constantly increasing membership since its inception, at the June 2nd Members-only Luncheon held this year at posh Flatiron outpost, Barbounia.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing – June 2009
Retail Property - London & West Coast
On Rodeo Drive, new additions include Domenico Vacca, IWC Schaffhausen, Loro Piana and MaxMara. We wait for redcarpet openings slated for Missoni, a MontBlanc relocation and expansion, Judith Leiber and Paul & Shark. Online shop Luxe builds bricks and mortar at 11724 W Pico Boulevard. J Crew’s little sister, Madewell, acquires its second LA store at Glendale’s Americana at Brand.
To view the article in its entirety please click
here
|
|
|
Gotham Magazine- June’09 – July’09
Guilty Pleasures – Shop Talk What’s in Store
NEW YORK’S PREEMINENT SHOPPING scene presents an ever-expanding array of options. Resident shopaholics know (and tourists soon discover) that the city abounds with buying opportunities—whether you’re Uptown, Downtown or anywhere in between. To help plot your course, I’ve compiled a list of the newest shops on the block—and those we’ve heard are on the way. Read on for my exclusive retail reveal!
To view the article in its entirety please click
here
|
|
|
Open House - LX.TV/NBC – May 17, 2009
Taking a Tour of the Marvelous Meatpacking District With Faith Hope Consolo
To view the article in its entirety please click
here
|
|
|
Green Matters - Spring 2009
District for Designers -
Faith’s Fashion Focus: Lower Soho-Crosby’s Chic Juncture
The junction of Crosby and Howard Streets in downtown New York is a sophisticated retail corner at the eastern edge of SoHo, just blocks from the New Museum and a divine eclectic enclave. Several of City’s most unique luxury brands chose this locale, and the neighbors aren’t too shabby!
To view the article in its entirety please click
here
|
|
|
Crew Network - May 2009 - News You Can Use
Looking into the Future: New Growth Areas When the Market Bounces Back
Faith Hope Consolo has been transforming retail landscapes across the globe for 25 years. As Chairman of Prudential Douglas Elliman's retail services division and Director of Retail Operations for Prudential
commercial real estate nationwide, the comprehensive scope of her career extends to virtually every facet of retail real estate and every kind of retail location, with clients
ranging from fashion to mass merchandising.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - May 2009
Retail Property - London & New York
On Madison Avenue, Krizia moved to no 805, and Jil Sander also relocated south to no 818. French perfumery Editions de Parfums Frédéric Malle found a proper home at no 898. Nanette Lepore opens its second city store at no 958. Women's knitwear brand Magaschoni has a shop-in-shop at Searle, at no 635.
To view the article in its entirety please click
here
|
|
|
Retail and Leisure International - May 2009
Passage to practicaIty
If one word could sum up the US retaiI reaI estate industry today,it is 'passages': the industry is completing a transition from the exuberance to practicality, as the pain of late 2008 gives way to a new reality for 2009 and beyond. The result will be a stronger business, with smarter retailers at all price points operating with tighter inventories and a greater focus on their customers' wants and needs, Their landlords will benefit as a result.
To view the article in its entirety please click
here
|
|
|
Chain Store Age – April 2009
Real Estate - Cut Back on Luxuries
Faith Hope Consolo, who oversees the retail operations of New York City-based Prudential Douglas Elliman Real Estate’s 50 offices around the United States, has worked exclusively with luxury retailers such as Cartier, Versace, Giorgio Armani, Salvatore Ferragamo, Judith Lieber and Baccarat. She offers the following dollar-saving advice to upscale retailers
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - April 2009
Retail Property- London & New York
On Madison Avenue, French crystal palace Lalique will reemerge
in a sparkling new space at no 609. Armani Collezioni
is being reinvented at no 601. Frette luxe collection will
reinvigorate no 799.
On Fifth Avenue, Giorgio Armani opened his pièce de
résistance Armani/5th Avenue, at no 717. Diesel, at no 685, is
its largest ever tri-level store and offers a full roster for the
brand.
To view the article in its entirety please click
here
|
|
|
Jewish Voice - April 2009 - Real Estate
Faith Hope Consolo Wows Crowd at "Strenght in Numbers: Women in NY Real Estate" Forum
Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Leasing, Marketing and Sales Division, delivered a message of hope and resilience in retail markets to a crowd of more than 100 top women business leaders at the Strength in
Numbers: Women in New York Real Estate Forum. As keynote speaker, the Retail Queen shared thoughts and views about the current state of the market with her signature candor and humor. The crowd went wild on a number of occasions, followed by numerous standing ovations.
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine - March 2009
Districts For Designers -
Faith's Fashion Focus: Grand Central Terminal Territory
Among the world’s most recognized landmarks,
Grand Central Station was once a rail yard
surrounded by tenements, warehouses, and
slaughterhouses. Today, it remains a symbol
of endurance and revitalization for the City.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - March 2009
Retail Property- London & New York
Trend-tracking from NYC's streets of gold
2009 space we can’t wait to embrace: Hermès Men in the old
Luca Luca space at Madison Avenue and 62nd Street. The
Meatpacking trifecta – Ports 1961 at 3 Ninth Avenue which
made its debut at Fashion Week, Matthew Williamson at
West 14th Street, and Barney’s. And the award for the most
anticipated opening goes to Topshop in Soho.
To view the article in its entirety please click
here
|
|
|
Mann Report - March 2009
Keeping The Faith
Through change, growth and adapting to the landscape – meeting the challenges of today’s uncharted waters – Faith is ready for tomorrow and whenever the path takes her.
To view the article in its entirety please click
here
|
|
|
The New York Observer-February 24, 2009
Retail Power Brokering, 2009
“There’s very little warehousing of space,” said Faith Hope Consolo, chair of retail
leasing and sales for Prudential Douglas Elliman. “Before, where the landlords
wanted to lease five stores together, now they’re all listening to individual deals.
To view the article in its entirety please click
here
|
|
|
WWD - Women's Wear Daily - February 2009
Ports 1961 Opens Flagship
After some extensive construction, Ports 1961 is finally ready to bring
its eclectic spirit to New York.
On Saturday, the fashion label, which was founded here in 2004, is slated to open its New
York flagship at 3 Ninth Avenue, in the Meatpacking District.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - February 2009
Retail Property - London & West Coast
We’re starting 2009’s US Retail Property column with a report from the West Coast, where there is notable activity. On Rodeo Drive,
Tom Ford is to showcase in the block situated between the Luxe Hotel at 360 North Rodeo Drive and Bally at
340 North Rodeo Drive, right across from the Gucci flagship.
Hollywood favorite Fred Leighton has finally given its gems an LA home – its first California store is at 313 Rodeo Drive.
To view the article in its entirety please click
here
|
|
|
NY Residential Magazine - January '09 - February '09
Districts For Designers -
Faith's Fashion Focus: Burgeoning Brooklyn Boasts
Brooklyn is shopping like never before, but not just in the traditional neighborhoods like Brooklyn Heights and Park Slope. Rather, there are revivals and hip
incarnations of former fringe areas that are seeing a greater share of the activity.
To view the article in its entirety please click
here
|
|
|
ABC News - February 4, 2009
New York City retailers feeling the crisis
New York City retailers feeling the crisis
7Online.com - New York,NY,USA
... and that still gives them the chic address and the presence," real estate broker Faith Hope Consolo said. Consolo, who heads the retail division of ...
To view the article in its entirety please click
here
|
|
|
NTDTV - December 11, 2008
AREW Holiday Luncheon December 10, 2008
Watch Faith on Chinese TV
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - December 2008 - January 2009
Retail Property - London & New York
As the majority of retailers and landlords will be delighted to have an extended Christmas and New Year break from the ‘worst trading conditions for 30 years’ we thought we’d do the same. So here, instead of our usual property summary, is a selection of famous quotations about fashion. The challenge: come up with the identities of those who said them.
To view the article in its entirety please click
here
|
|
|
CBS December 23, 2008
Retail Store Watch - Discounts Galore
Watch Faith on CBS News
To view the article in its entirety please click
here
|
|
|
NY Residential - December '08 - January '09
Districts For Designers Faith's Fashion Focus: Chinatown’s Charm
Chinatown is chic! With its intriguing mix of Asian culture and non-stop 24/7 energy, Chinatown is where ancient culture meets modernism. Traditionally ordered by Lafayette, Worth and Grand Streets and East Broadway, Chinatown is home to approximately 150,000 residents and more than 200 restaurants, Asian bakeries, tea houses, jewelry shops, arts and antique stores.
To view the article in its entirety please click
here
|
|
|
Fox News Channel - Your World With Neil Cavuto
December 12, 2008 - Shop Now for Christmas
Watch Faith on Your World With Neil Cavuto on the Fox News Channel reporting on Christmas Sales
To view the article in its entirety please click
here
|
|
|
Jewish Voice, December 17th 2008
The Faith Report
Some cities hibernate in winter – but not New York. Snow, sleet, rain or subzero temperatures can’t keep New Yorkers from shopping or dining, or tourists from visiting to see the latest Broadway shows or shops. And New York as always has something new for all. New York is the Epicenter of Shopping.
To view the article in its entirety please click
here
|
|
|
Real Estate New York - November 2008
Women Of Influence
Whether they're finalizing major deals, developing big projects or lending their time and expertise to industry associations or nonprofit groups, these women are movers and shakers on the New York commercial real estate scene.
To view the article in its entirety please click
here
|
|
|
NYRE Journal, November 25-December 01 2008
Women in a changing retail landscape: To be the best, you need a competitive edge
When someone asks me how I got my start in the “boys club” of retail real estate, I like to joke that men aren’t the only professionals who understand the business of shopping.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - November 2008
Retail Property London & New York
When written in Chinese the word 'crisis' is composed of two charachters - one represents danger, the other, opportunity." So said one John F Kennedy in 1959. In the last month, two groups placed a moratorium on aquisitions, while a private investment company bought One Old Bond Street at a 3.8% yield. Also, 31 Old Burlington Street, adjacent to Cecconi's has astutely been bought by a private investor for it's retail brand.
To view the article in its entirety please click
here
|
|
|
New York Times - October 17th 2008
Women In Commercial Real Estate... Reaching out to a strong network in a weak economy
Natural communicators since the begining of time, women have a leg up when they plug into a network of like-minded industry professionals. And, as we watch the current challenges of our nation's grim economy play out, women reachin gout to women brings not just insight and guidance, but also referrals, support and greater financial reward.
To view the article in its entirety please click
here
|
|
|
Luxury Briefing - October 2008
Retail Property
London & New York
Logic would dictate a period of no-risk strategies or indeed consolidation in the present climate. But whilst virtually each day brings depressing news from the US which could promote caution in London, retailers retain an appetite for new stores, or to maintain their presence within the main thoroughfares, which appears quite contrary.
To view the article in its entirety please click
here
|
|
|
Tri-State Real Estate - September 2008 - October 2008
Districts For Designers Faith's Fashion Focus: East 57th Street - From Fifth Avenue To The River
With a glorious past and an even brighter future, the East 57th Street shopping corridor is poised to offer something for almost everyone. Long identified with such haute couture as Louis Vuitton, Yves St. Laurent, Chanel, Dior, Prada on the north side of the street (between Madison and Fifth Avenues) and Tiffany & Co., Tourneau, Christian LaCroix, Buccellati and Turnbull & Astor on the south side, it’s window shopping paradise to the throngs of tourists enamored by the famous area and a second home to the shopping elite.
To view the article in its entirety please click
| |