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The Huffington Post - 2010
The Faithful Shopper
Faith Hope Consolo is a regular contributor to The Huffington Post.
Follow Faith on The Huffington Post Site:
http://www.huffingtonpost.com/faith-hope-consolo/
To view the article in its entirety please click here
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Women In Retail Real Estate
Unite And Learn At RECON
Las Vegas Convention Center - May 23, 2010
Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Group to join an exceptional group of industry experts as they lead a Special Interest Group for Women In Retail Real Estate at ICSC's RECON.
To register, visit: http://www.icsc.org/2010SC/register.php
To view the article in its entirety please click here
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RECON - The Global Retail Real Estate Convention
Las Vegas, May 23, 2010
Faith Hope Consolo To Lead Special Interest Group Session On
Women In Real Estate At RECON
Retail Queen Faith Hope Consolo will conduct an innovative Special Interest Group (SIG) set of roundtables geared toward Women in Real Estate at RECON, the largest retail real estate convention in the world.
To view the article in its entirety please click here
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NY Residential Magazine – March/April 2010
Districts For Designers
Faith's Fashion Focus
Brooklyn Boasts Cobble Hill
Once an independent city, Brooklyn remains a somewhat iconoclastic shopping scene,
with each neighborhood having a distinct point of view. Perhaps no neighborhood better
displays that individuality than Cobble Hill, which dates from the 17th century, but has a
decidedly contemporary mix of shopping and dining.
To view the article in its entirety please click here
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Crain's New York Business - March 15-21, 2010
Real Estate Insider
Resources
Recession Boosts Cheap-Chic Shop’s Fortunes
After opening its first Manhattan location two years ago on the Upper East Side, upscale consignment and designer-discount shop RoundAbout recently signed a 10-year lease for 3,100 square feet at 113-115 Mercer Street. “It’s a recession-proof tenant,” said Faith Hope Consolo, the Prudential Douglas Elliman broker who, along with colleague Joseph Aquino, represented RoundAbout. “There are a lot of residents in TriBeCa and SoHo that shop at Century 21, and RoundAbout is going to capture those.”
To view the article in its entirety please click here
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The Commercial Observer - March 16, 2010
Lease Beat
115 Mercer Street
"Couture Cognoscenti" Magnet
Branching Out To Soho
After a successful spin uptown, RoundAbout is now branching out downtown in Soho. "RoundAbout is where the couture cognoscenti go to find vintage Hermes, Channel and Armani, much of it with labels still attached," said Faith Hope Consolo, who, along with Prudential Douglas Elliman colleague Joseph Aquino, represented the shop. The brokerage team also worked with the shop on its Upper East Side location.
To view the article in its entirety please click here
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Grub Street - March 15, 2010
Daily Food News From New York Magazine
Kusmi Tea Will Open First New York Store
The brand of tea that Lady Gaga turned to when she wanted to kick ciggies has signed a lease at 1037 Third Avenue near 62nd Street, according to brokers Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman’s Retail Group.
To view the article in its entirety please click here
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Fox Business News - March 12, 2010
Worst In Commercial Real Estate Over?
Faith Hope Consolo, Chairman of Retail Leasing at Prudential Douglas Elliman, breaks down the state of retail space and commercial real estate.
Anchors: Tracy Byrnes and Chris Cotter.
To view the article in its entirety please click here
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Haute Living Magazine - March 11, 2010
Fashion - New York City
Haute Living Blog
RoundAbout Makes Second Home In Manhattan
RoundAbout, the clothing store famous for providing clients with couture fashions for low prices, is rapidly growing and staking their claim for a second time in Manhattan. This prime location is a two-level space at 115 Mercer Street. Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman’s Retail Group, brokered the deal that brought this fashion industry premier player to this location.
To view the article in its entirety please click here
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Real Estate Weekly - March 10, 2010
Events - NYCREW Wine Tasting
Faith Hope Consolo, Chairman of Prudential Douglas Elliman's Retail Group with ICSC Vice President Lorraine Mazza and Debra Cole, incoming President of the Association of Real Estate Women (AREW) at the NYCREW wine tasting event.
To view the article in its entirety please click here
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The New York Times - March 10, 2010
Business
Square Feet - Transactions
Recent Lease - 1037 Third Avenue, NYC
A Paris tea importer and explorer has signed a 10-year lease for its first shop in the United states, to open by summer in an 800-square-foot, ground floor space in this 30-story Upper East Side apartment building. Brokers: Faith Hope Consolo and Joseph Aquino, Prudential Douglas Elliman.
To view the article in its entirety please click here
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Brokers Weekly - March 10, 2010
The Gallery
Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman's Retail Group won the Top Retail Award.
To view the article in its entirety please click here
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Real Estate Weekly - March 3, 2010
Retail
Coveted Mansion On The Market
The grand, turn-of-the-century former Frederick Edey mansion at 10 West 56th Street -once home to Liz Taylor's favorite husband, Michael Todd, and most recently the headquarters of Felissimo Universal Corporation of America - is being marketed by Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman's Retail Group.
To view the article in its entirety please click here
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Mann Report - March 2010
Retail
Events
Consolo & NYCREW Get Creative With The "Deal"
The meeting room at Crowell & Moring, LLP was packed as Faith Hope Consolo, Chairman of Prudential Douglas Elliman's Retail Group led a lively panel discussion, "Commercial Leasing: Where are the Deals?" for "The Art of the NYCREW Deal" series.
To view the article in its entirety please click here
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The Huffington Post - March 1, 2010
The Faithful Shopper:
Unexpected Treasures - Museum and Retail Dining
It's a well-kept secret that some of the best restaurants in any major city are located in its museums and department stores - the Louvre, the Vatican and many others offer multiple dining options for their visitors' convenience, as do Harrods and Galeries Lafayette. The same, naturally, is true of New York. From Fifth Avenue to the Battery, dining can be found in the most decorative of surroundings for the savvy resident or visitor.
To view the article in its entirety please click here
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Mann Report - March 2010
Retail
Faith On Fashion
The New Way To Shop
A diverse set of retailers and restaurateurs are looking to make their debut or expand in New York. Designers, national chains, and eateries are taking advantage of a rare period of ease of entry – and locals and visitors alike soon will reap the benefits.
To view the article in its entirety please click here
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The Real Deal - February 24, 2010
New York Real Estate
Top Elliman awards
Faith Hope Consolo won the top retail and commercial award by highest GCI.
To view the article in its entirety please click here
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Top Women In Commercial Real Estate
February 2010
District For Designers
Faith's Fashion Focus
Woodbury Common Premium Outlets
Not all major New York Shopping Districts are in New York City. One of the largest - and most successful - areas for fashionistas is literally an hour or so away at Woodbury Common Premium Outlet.
To view the article in its entirety please click here
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The New York Times - February 24, 2010
Business
Square Feet
Transactions
For Lease - 10 West 56th Street
This renovated, vacant six-story elevator townhouse offers 11,700 square feet with retail areas on the first four floors and offices above. Brokers: Faith Hope Consolo and Joseph Aquino, Prudential Douglass Elliman.
To view the article in its entirety please click here
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Greenpearl.com - February 23, 2010
NYCREW - "Winetasting Adventure Around The World"
NYCREW's 'Oenological Adventure Around the World' was a delightful respite from Blue Monday. Faith Hope Consolo, Chairman,
Retail Leasing and Sales Division, Prudential Douglas Elliman joined leading ladies in commercial real estate for a winetasting adventure around the world.
To view the article in its entirety please click here
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The Huffington Post - February 12, 2010
The Faithful Shopper:
Faith’s February Favorites and Finds
New York is the world capital for unique gifts, dining and pampering experiences. From scents to chocolate, linens to lunch, you can count on the Big Apple to provide the unique and the classic.
So below, some of my favorite shops, dining establishments and retreats that I hope will become some of yours.
To view the article in its entirety please click here
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The Commercial Observer - February 9, 2010
Lease Beat
Pop-Up Run Done,
Variazioni Warms To Midtown East
Faith Hope Consolo announced another trendy retail score.Following a pop-up test run last spring, fashion boutique Variazioni will
open its sixth Manhattan location and its first on the Upper East Side.
Ms. Consolo, of Prudential Douglas Elliman and colleague Joseph Aquino, represented both the landlord and the tenant.
To view the article in its entirety please click here
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New York Post - February 9, 2010
Post Focus On Commercial Real Estate
Big 6 Bid On Part Of 1 WTC
Faith Hope Consolo had helped lure two new tenants to 1035-1049 Third Avenue,” even though the storefronts have been hidden under a construction scaffolding for almost three years". Consolo said, "Now it is coming to an end, and the result will be stunning."
To view the article in its entirety please click here
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The Commercial Observer - February 9, 2010
N.Y.U. Schack Alumni Association "Adapting In Era Of Change" Panel
Determination, hard work and passion were among the evening’s themes at the NYU Schack Institute of Real Estate Alumni Association Women’s Panel Discussion “Adapting in an Era of Change.” The star-studded panel included Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Group and other industry experts.
To view the article in its entirety please click here
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The Commercial Observer - February 2, 2010
Boutique Tailor Takes 1K Feet
In Cohen Bros.’ 805 Third Avenue
“Could there be any better synchronicity than this stellar location,” said Faith Hope Consolo, broker of the custom clothier’s new 1,000-square-foot lease. Ms. Consolo and Joseph Aquino of Prudential Douglas Elliman represented both the landlord, Cohen Brothers Realty Corporation, and the tenant.
To view the article in its entirety please click here
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The Huffington Post - February 2, 2010
The Faithful Shopper:
Madison Avenue, Boulevard of Brilliant Baubles
Madison Avenue's status as a luxury jewelry destination was a long
time coming, but it's certainly here to stay. Despite last year's blip,
the glitter literally remains, and has even grown, on the Miracle Mile
as new jewelers have joined longstanding tenants.
To view the article in its entirety please click here
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The Commercial Observer - February 2, 2010
Calendar
As a New Year’s resolution, Prudential
Douglas Elliman retail maven Faith Hope
Consolo has pledged never to speak publicly again—which is a lie we made up for no other reason than laughter.
In reality, Ms. Consolo still talks to just about anything.
She’s a panelist at the Schack Institute of Real Estate’s “Adapting in an Era of Change” seminar.
To view the article in its entirety please click here
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EITB, Basque Public Television, Spain
January 31, 2010
Signs of Economic Improvement
Along Madison Avenue
and Fifth Avenue in New York City
Olatz Arrieta, USA Correspondent for EITB , Basque Public Television, Spain discusses the retail market in New York with Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Leasing, Marketing and Sales Division.
To view the article in its entirety please click here
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Crain’s New York Business – January 25-31, 2010
Real Estate Deals Plus
Joseph’s Custom Clothing for Men recently inked a 10-year deal to lease 350 square feet on the second floor of 805 Third Avenue. Faith Hope Consolo of Prudential Douglas Elliman negotiated on Joseph's Clothing's behalf along with colleague Joseph Aquino.
To view the article in its entirety please click here
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WWD - Women's Wear Daily -
January 27, 2010
JNBY Among Asian Retailers U.S.- Bound
JNBY isn’t the only Far Eastern retailer aiming to penetrate the U.S. Who.A.U. of South Korea opened stores in New Jersey and Connecticut and is preparing to unveil a 12,000-square-foot multilevel flagship on West 34th Street. Now Who.A.U. says it’s ready to open up to six units in Manhattan before moving on to other major U.S cities. "They are working on other locations in Manhattan as well as lease negotiations at several upscale malls around the country," said Faith Hope Consolo, Who.A.U.'s broker.
To view the article in its entirety please click here
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AM 1490 WGCH Radio, Greenwich, CT
January 26, 2010
Juggling Act With Host Dr. Lori Sokol
Spas - One Stop Shops for the Body
It’s Showtime! Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Group, with Dr. Lori Sokol, host of Juggling Act, on AM 1490 WGCH out of Greenwich, CT, get ready for a scintillating sequence on spas, One Stop Shops for the Body.
To view the article in its entirety please click here
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NY 1 News - January 25, 2010
One On One With Budd Mishkin
Profile: Faith Hope Consolo
NY1's Budd Mishkin sits down one-on-one with one of the best known players in New York City real estate Faith Hope Consolo, Chairman of the Retail Division at Prudential Douglas Elliman, a position that was created for her.
Consolo has been in New York real estate for more than 25 years, playing an active role in the redevelopment of Times Square, the Flatiron and Meatpacking districts, and Madison Avenue, attracting companies like Godiva Chocolate and Versace.
To view the article in its entirety please click here
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NY 1 News - January 25, 2010
One On One With Budd Mishkin:
Faith Hope Consolo Finds Therapy In Retail
Interview Transcript
From a young age, Faith Hope Consolo loved to shop. And for many years, her work has had a direct effect on where many New Yorkers open up their wallets. NY1's Budd Mishkin filed the following "One On 1" report.
To view the article in its entirety please click here
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NY 1 News - January 25, 2010
One On One With Budd Mishkin
Profile: Faith Hope Consolo
Tune in to watch NY1's Budd Mishkin's one-on-one interview with renowned retail expert, Faith Hope Consolo, Chairman of the Retail Division at Prudential Douglas Elliman Real Estate.
To view the article in its entirety please click here
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The Faith Report - 2010
To Find The Best In Retail
You Need Faith
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, please visit www.faith-consolo.com/faithreport.htm
To view the article in its entirety please click here
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The Real Deal at REBNY's 114th Annual Banquet
Thursday, January 21, 2010
You Tube Video
The Real Deal's Web editor Lauren Elkies interviewed a slew of real estate industry leaders such as Faith Hope Consolo, Chairman of Prudential Douglas Elliman’s Retail Leasing, Marketing and Sales Division.
To view the article in its entirety please click here
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The Huffington Post - January 19, 2010
The Faithful Shopper:
Future Stores 2010 - What Lies Ahead
Last time I reviewed the year and decade past, even as we were waiting for the holiday sales figures to come in. Now we've found that most surveys say that shoppers returned to the stores in much larger numbers than most observers forecast (though I predicted a good holiday all along).
The comeback of the consumer gives us an optimistic reason to look forward. So below are some trends I think we'll see - and a couple I'd love to see in 2010 and beyond.
To view the article in its entirety please click here
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Fox Business News - December 18, 2010
Neil Cavuto World
Retail Sales On Martin Luther King Day
Fox Business News Analyst Neil Cavuto discusses retail sales with retail expert Faith Hope Consolo.
To view the article in its entirety please click here
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DW - WORLD.DE
Deutsche Welle TV - January 6, 2010
Business Journal -
Why There's Suddenly A Lot Of
Empty Retail Space In New York
Faith Hope Consolo discusses the retail market
in New York City with Deutsche Welle TV business
editor Christoph Kober.
To view the article in its entirety please click here
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Luxury Briefing -
December 2009 - January 2009
Retail Property -
London & New York
On Madison Avenue, Lalique has opened its doors at no 609.
Michael Kors took over at no 667, formerly Céline, and
François Pyard’s new chocolate shop, François Chocolate Bar,
is now at Mauboussin, no 714. Devi Kroell rolled out the red
carpet at 719 and Peter Coppola is to stage a Manhattan
comeback with a sprawling space in the Barney’s building.
To view the article in its entirety please click here
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The Huffington Post - December 30, 2009
The Faithful Shopper:
Out With The Aughts - Time For The Tens
With both the year and the decade coming to an end, I can't resist making my contribution to the numerous review lists - in this case with a decidedly New York retail slant. So here, my ideas on the six greatest influences on New York City retail over the last ten years, and four upcoming trends for the 2010s:
To view the article in its entirety please click here
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Racked NY - December 28, 2009
Racked Recap 2009 -
The Ten Biggest Store Openings Of The Year
Ports 1961: For two years, we walked by the pile of rubble that would become the flagship Meatpacking boutique for Ports 1961. We actually abandoned hope that it would ever show, and then during February Fashion Week, it proved us wrong by polishing up and opening the doors.
The store was leased by Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman's Retail Division.
To view the article in its entirety please click here
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Happy Holidays & Happy Shopping!
December 2009
To Find The Best In Retail
You Need Faith!
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 www.faith-consolo.com/faithreport.
To view the article in its entirety please click here
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New York Post - December 23, 2009
Between The Bricks -
Unhealthy Market KOs Health Products Bldg.
The Realm Boutique will create a flagship at 98 Greene Street in SoHo. The boutique will carry European fashion designers including Jean-Claude Jitrois, Sabbia Rosa and Andrew Gn. Asking rent for the 15-year lease started at $300 per foot. The tenant was brought to the 3,500-foot multilevel space by Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman's Retail Division. Susan Meisel of Meisel Realty worked for the building owners.
To view the article in its entirety please click here
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The Huffington Post - December 15, 2009
The Faithful Shopper:
Countdown To Christmas -
Dashing Through The Stores
The Rockefeller Center Christmas tree is lit, the snowflake is up on Fifth Avenue, and Cartier is wrapped up in an LED bow. It's the Holidays in New York and we are Shopping in a Winter Wonderland!
To view the article in its entirety please click here
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WWD - Women's Wear Daily -
December 15, 2009
Retail -
Korean Retailer Who.A.U. To Open in N.Y
Who.A.U. California Dream, a South Korean brand with two mall stores in the U.S., will open a 12,000-square-foot multilevel flagship at 22 West 34th Street between Fifth and Sixth Avenues.While the recession slowed Who.A.U.’s expansion, the brand remains committed to the American market. “We’re looking on Fifth Avenue, too,” said Faith Hope Consolo, the Prudential Douglas Elliman broker who represented Who.A.U. in the deal. “They should be on lower Broadway in SoHo. They can have half a dozen stores in the city.”
To view the article in its entirety please click here
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The Commercial Observer - December 15, 2009
Lease Beat -
From Seoul To Solil:
Surfer-Chic Retailer WHO. A.U.
Takes 12K Feet On 34th Street
WHO.A.U. is a new brand by the South Korean fashion conglomerate E-Land that debuted in the U.S. last year is opening its flagship New York store at 22 West34th Street.
Faith Hope Consolo and Joseph Aquino of Prudential Douglas Elliman represented the tenant for the 10-year lease.
To view the article in its entirety please click here
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Crain's New York Business - December 14, 2009
Real Estate Deals Plus
Korean Retailer Follows Russian Steps -
WHO.A.U. Takes Storefront On
West 34th Street Shopping Corridor
WHO.A.U. California Dream recently signed a 10-year lease for its U.S. flagship at 22 W. 34th Street, between Fifth and Sixth avenues.
“West 34th Street offered them not only the neighbors that they like, but also being between Macy’s and the Empire State Building was a home run,” said Faith Hope Consolo, the Prudential Douglas Elliman broker who represented the tenant, along with colleague Joseph Aquino.
To view the article in its entirety please click here
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Chain Store Age - December 14, 2009
WHO.A.U. To Open Flagship Location On 34th Street
WHO.A.U. California Dream, an international youth-oriented casual fashion chain from Seoul, Korea, will open its flagship New York City store at 22 West 34th Street. “This is such a significant new entry for the retail mix along 34th Street,’” said Consolo, who with Aquino is spearheading the chain’s U.S. expansion on an exclusive basis. “The move positions WHO.A.U. in the heart of the hottest shopping district in the country for youth market shoppers and brings its presence to the forefront.”
To view the article in its entirety please click here
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Fox Business News - December 12, 2009
Neil Cavuto World
Retail Watcher:
Waiting For Post-Christmas Sales
A Costly Gamble
Retail expert Faith Hope Consolo discusses the current retail environment with Neil Cavuto.
To view the article in its entirety please click here
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New York Real Estate Journal -
December 8 - 14, 2009
Mazza Of ICSC and Consolo of Prudential
Douglas Elliman
Honor 30 Young Women From YEM
At NYCREW Event
Manhattan, NY Lorraine Mazza, managing director, ICSC, and Faith Hope Consolo, chairman of the retail group for Prudential Douglas Elliman, recently celebrated 30 young women from the Youth Empowerment Mission (YEM) for their insightful proposals to find the organization new space. Following the NYCREW ceremony, Consolo participated in a panel for the "Art of the NYCREW Deal" series, the second part of the event.
To view the article in its entirety please click here
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Black Enterprise - December 10, 2009
Entrepreneurs -
Location, Location, Location-
Choose A Commercial Retail Space
That Suits Your Business
“Occupancy cost ratios vary for each property type and merchandising category. High-margin retailers, such as jewelry stores in regional malls, can have ratios in excess of 20%,” says Faith Hope Consolo, a retail broker at Prudential Douglas Elliman Real Estate in New York.
To view the article in its entirety please click here
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New York Post - December 8, 2009
Post Focus On Commercial Real Estate -
Realty Check -
Isle Of Misfit Toy Buildings
The Fried, Frank holiday party hosted by top-dog lawyer Jonathan Mechanic at Cipriani 42nd Street lived up to its billing as the most fun real estate party in town. Also in the mix were Joseph Moinian, Burt Resnick, Dan Tishman, Jeffrey Feil, newly promoted Brookfield honcho Dennis Friedrich, Ladder Capital's Brian Harris, Angelo Gordon Co.'s Keith Barket, Scott Rechler, Brad Gerla, Faith Hope Consolo and Leslie Himmel.
To view the article in its entirety please click here
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WPIX 11 - December 6, 2009
Metro Residential TV -
Affordable Small Office Solution
Faith Hope Consolo speaks on the commercial
real estate market with WPIX 11 Metro Residential
TV anchor Jeff Appel .
To view the article in its entirety please click here
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The Commercial Observer - December 1, 2009
Power Broker: Faith Hope Consolo -
The Elizabeth Taylor Of Retail
Depending on whom you ask, Ms. Consolo may, in fact, be the Elizabeth Taylor of the real estate. Since joining Douglas Elliman in 2005 as chairwoman of the firm’s retail leasing and sales division, she has carved out a reputation as the go-to for luxury stores and emerged as a sharp branding expert. In all, she inked 48 deals for the company.
To view the article in its entirety please click here
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Real Estate Forum - November/December 2009
Women Of Influence 2009 - Women To Watch
With over 20 years of experience, Faith Hope Consolo provides counsel to landlords, tenants and developers nationally and internationally. Women have come a long way in the retail estate business, relates the executive. "When I first started, it wasn't unusual for me to be the only woman in the room".
To view the article in its entirety please click here
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NY Residential Magazine - November/December 2009
Districts 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
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The Huffington Post - November 30, 2009
The Faithful Shopper:
Shoppertunity Is Now Poppertunity!
The latest trend in shopping, particularly for the holidays, is temporary - literally. Pop-up stores, retailers who open for just a few days or weeks, are cropping up all over town to give us all the opportunity to pick up unique gifts at various prices points this season. The concept isn't new (think of the holiday markets at Columbus Circle and Union Square), but we have a particularly large influx this year, as new designers and mainstream retailers are taking advantage of novel real estate alternatives to test new products, and even a permanent store.
To view the article in its entirety please click here
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CBS Evening News With Katie Couric
November 25, 2009
Pop-Up Store Phenomenon
Faith Hope Consolo discusses the emergence of pop-up stores with CBS News business correspondent Anthony Mason.
To view the article in its entirety please click here
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New York Real Estate Journal -
November 24 - December 7, 2009
Women In Real Estate 2009 -
Staying The Course: Overcoming
Obstacles In The Commercial Real Estate
We have to think of alternatives, assess each market and deal carefully, and take the smart risk. Women, with our unique experience with retail, are exceptionally well-positioned to do so.
To view the article in its entirety please click here
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Time Magazine - November 30, 2009
Cash Crunch - Pop-Up Shops
"Pop-ups are a national phenomenon," says Faith Hope Consolo, head of retail leasing at Prudential Douglas Elliman. Pop-ups are being embraced by a broad range of big-name retailers from Gap to Gucci.
To view the article in its entirety please click here
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Christopher Fischer Cashmere -
Press Release - November 24, 2009
Christopher Fischer on Madison Avenue
Christopher Fischer is delighted to announce the opening of his new jewel box store on 1225 Madison Avenue. The store leased by Consolo and Aquino from Prudential Douglas Elliman Real Estate. The store will feature a constantly changing presentation of Christopher Fischer Women's Collection, with a small selection of the home, Little Christopher Fischer baby collection, and Men's collection.
To view the article in its entirety please click here
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Westside Independent - November 23, 2009
Business - Real Estate
Special Report:
How Banks Took Over the West Side
“As the Upper West Side has become a headquarters for affluent families, a number of independent stores and small chains have opened up,” explains Faith Hope Consolo, a prominent city Realtor and chairwoman of Prudential Douglas Elliman’s retail division. “So yes, we have Apple, but we also have Only Hearts. We get Trader Joe’s and Whole Foods, but also Gourmet Garage.”
To view the article in its entirety please click here
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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
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Real Estate Bisnow – New York - November 19, 2009
Durst Party
Joe and Faith Hope Consolo recently closed a deal for Kimaya, the leading fashion house of India, which is bringing a unique retail concept to 4.5k SF at 717 Madison. The Mumbai-based retailer will be featuring 110 designers in couture fashion, evening wear, bridal, jewelry and accessories in the multi-level boutique, which is housed in a townhouse situated between 63rd and 64th Sts. and neighbors like Chanel, Jimmy Choo, and Hermès.
To view the article in its entirety please click here
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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
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Investors.com - November 11, 2009
Edition Of Investors Business Daily -
Business News-
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.
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Mann Report - November 2009
Retail -
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.
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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.
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Fox Business - Video - November 10, 2009
Pop-Up Stores:
Here Today, Gone Tomorrow
Retail expert Faith Hope Consolo of Prudential Douglas Elliman discusses what retailers are doing to boost holiday sales
with Fox Business News anchors Chris Cotter and Tracy Byrnes.
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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.
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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.
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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.
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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.
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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.
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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
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To Find The Best In Retail You Need Faith
November, 2009
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