The Japanese retailer has struck a deal to pay $350M for just over 17K SF of its Fifth Avenue flagship, with a deal brewing for the retailer to buy the rest of its nearly 100K SF location, according ...
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in. By Celia Young On the bustling shopping strip of Fifth Avenue in ...
A Vornado Realty Trust retail joint venture has agreed to sell a portion of Uniqlo’s U.S. flagship store at 666 Fifth Avenue in Midtown Manhattan to the Japanese clothing company for $350 million. The ...
Vornado Realty Trust is attempting to fill vacant space and rid itself of debt maturities as the REIT attempts to ride out pressures facing its bread-and-butter asset class: New York City office. “We ...
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