Plans Call for Reinvigorating Retail in Nine Separate Buildings Along High-Traffic Transverse and Major Boulevards in Mid-Section of District
Recognized for transforming the profile of New York City retail corridors spanning Nolita to North Manhattan, the award-winning leasing team of Faith Hope Consolo, Chairman, Joseph Aquino, Executive Vice President, and Arthur Maglio of Douglas Elliman’s Retail Group has been named exclusive agent for yet another Harlem retail portfolio, this time comprising nine buildings with a total of 25,000 square feet of retail space.
“This is another great opportunity to bring new services and stores to Harlem,” said Ms. Consolo. “Last year, we arranged a lease for The Children’s Aid Society at 219 West 135th Street and we expect to continue meeting the needs of the community with medical and educational facilities, as well as vibrant retail.”
Added Mr. Maglio, “Harlem is huge and incredibly diverse; the southern part of the district is as different from the northern part, as East is from West. This particular section has a strong community base but up until now has been underserved by retail, so there is plenty of room for introducing a variety of new businesses here.”
Five of the buildings in the portfolio are on a central transverse at 135th Street, between Adam Clayton Powell and Frederick Douglass Boulevards, one is on Adam Clayton Powell Blvd., and three are on the revitalized Frederick Douglass Blvd. retail corridor, between 134th and 136th Streets. Store sizes range from 500 to 5,000 square feet.
“We look forward to adding value to these properties with the appropriate retail,” pointed out Mr. Aquino.
The Douglas Elliman Retail Group team has been responsible for bringing a wide variety of businesses to Harlem, including Ottomanelli’s Wine & Burger Bar, Chill Berry, Maharaja Palace, Pa-paya Seed, City Cookhouse, Harlem Wine Gallery, Unity Wines & Spirits, Marcel Cleaners and Instant Refund Tax Center. In addition to the Children’s Aid Society, they have also been instrumental in securing locations for numerous government groups, community-based organizations and medical facilities, such as the U.S. Department of Veterans Affairs, Internal Revenue Service, Ralph Lauren Center for Cancer Care and Prevention, Tribeca Pediatrics, Friends of the Children, AIDS Services Center NYC, Sunshine Day Care, Pono Learning and Fifth Avenue Social Adult Day Care.
About Douglas Elliman’s Retail Group
As the industry leader in retail leasing, investment sales and consulting, Douglas Elliman’s Retail Group is renowned for its success on local, national and international platforms. Headed by Faith Hope Consolo, Chairman, the group’s comprehensive scope extends to virtually every facet of the retail landscape; from celebrated Madison Avenue to Rodeo Drive, urban retail corridors worldwide, upscale super regional shopping malls, luxury specialty centers and hotel/casino retail. Over the years, the group has brought world-famous fashion designers and international brands to U.S. markets; and U.S brands abroad. Moreover, they are the exclusive representatives of prominent portfolios held by investment funds, public companies and private property owners; as well as consultants for business improvement districts and government agencies.
Recognized for its innovative marketing strategies, the Retail Group offers a wide range of services that are critical for today’s economic environment, and provide customized, focused solutions on a client-by-client basis. With unparalleled access to a global network of businesses, owners and buyers, Douglas Elliman’s Retail Group is the foremost retail real estate authority in the country. For more information, visit Our Team page or http://faith-consolo.com/.
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