Marc Leber, Newmark Knight Frank
Retail; Julie Park, Saxbys Coffee; Amy Farber, Seltzer Sussman & Habermann; Jonathan Krivine, Newmark Knight Frank
RetailWhen you are a college you have a bit of a provincial view about your specific place and role in the city in which you're located," says Scott Levitan, director of Real Estate Development at the Georgia Institute of Technology, which unveiled a mixed-use project including
retail space in 2003 with the guidance of global services firm Jones Lang LaSalle and other companies.
The team's analysis was based on the premise that the Memorial will be the focal point of the World Trade Center (WTC) sfte, and that all
retail on the commercial portions of the site would be developed with respect for the Memorial as the highest priority.
Andrew Mathias, Chief Investment Officer of SL Green, commented, "These transactions represent a significant initiative to partner with Jeff Sutton on under-performing
retail opportunities.
Friedel, executive vice president of RKF
Retail Property Advisors.
Overall, average asking rents in Manhattan for
retail space rose 10% to $97 per-square-foot.
