Friday 29 June 2018

Here are the quiet tricks NYC retail landlords use to boost rent rolls

UPDATED, Sep. 21 , 3:13 p.m.: In New York City’s retail world — which serves residents’ around-the-clock needs from late-night pad thai to Gucci loafers — there are two types of “facades”: the tens of thousands of actual storefronts and the well-concealed side deals between landlords and retail tenants. One of those deals took place in early 2013, when the Carlyle Group was looking to sell its 27-story office building at 650 Madison Avenue, which […]



source https://therealdeal.com/issues_articles/nycs-great-retail-facade/#new_tab

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