Fifth Avenue, Broadway post substantial asking price increases

Rising asking prices and heavy foot traffic in Manhattan’s high profile shopping corridors make the Manhattan retail real estate sector one of New York City‘s most robust, according to The Real Estate Board of New York’s (REBNY’s) Spring 2013 Retail Report, a report compiling data about asking rents for available space provided by a broad … Read more

What works when building a 21st century city. The 5th edition of Cities of Opportunity report

How leading global cities stack up against one another? Though New York and London lead cumulative scoring, emerging cities, including Beijing and Shanghai, are narrowing the gap within key economic indicators, according to the fifth edition of Cities of Opportunity released by PwC and the Partnership for New York City. While New York officially edges … Read more

Hong Kong and New York remain world’s most expensive retail destinations

Top 20 global retail rental markets:   Hong Kong is the world’s most expensive shopping destination as significant inbound tourist flows and continued increases in domestic wealth fuels occupier demand from international fashion and luxury retailers, according to new research from global property advisor CBRE Group. The CBRE rankings of prime global retail rents saw … Read more

Fête de la Gastronomie to fly the flag for French cuisine in New York and Tokyo

France to promote its gastronomy in New York and Tokyo through “Terroirs : création et tradition” festival France’s gastronomy, part of the UNESCO’s Intangible Cultural Heritage list, is a major export product the country wants to promote worldwide via a festival named “Fête de la Gastronomie“. Created by the France’s Ministry of Economy, Finance and … Read more

New York best restaurants, chefs, bars and barkeeps. 2012 Food & Drink Award Winners

Time Out New York magazine announced the 2012 Food & Drink Award winners at an annual industry awards event honoring the year’s finest restaurants and bars, chosen by our critics and readears. Over 100,000 votes were cast to determine the ten winners in the Readers’ Choice category in addition to the ten Critics’ Picks winners. Seamus … Read more