New York City — H&M is set to open its first location in Lower Manhattan at Westfield World Trade Center.
New York City — Eastern Consolidated has arranged the sale of a block-front development site located at 286-298 and 300-306 Wythe Ave. in the Williamsburg section of Brooklyn.
White Plains, N.Y. — LCOR has broken ground on 55 Bank Street, a $250 million 760,000-square-foot mixed-use development located in White Plains.
New York City — Wahlburgers has leased an 8,300-square-foot retail property at 725 Eighth Ave. in Manhattan to open a new store.
New York City — New York’s Upper Fifth Avenue is the most expensive retail street in the world with rents rising to $3,500-per-square-foot in 2015, according to the Main Streets Across the World report by Cushman & Wakefield.
New York City — Kushner Cos. has purchased the 250,000-square-foot retail component of the historic Times Square Building for $296 million.
New York City — Thor Equities has signed an agreement to sell the retail condo at 445 Fifth Ave. in Midtown Manhattan to Harbor Group International for $68 million.
Niagara Falls, N.Y. — Six new stores are set to open at Fashion Outlets of Niagara Falls USA this fall.
Atlanta — Atlanta-based RCG Ventures Fund III has acquired three shopping centers located in Alabama, New York and Missouri.
New York — J.P. Morgan is the lead lender of the $150 million acquisition financing for 520 Fifth Avenue, a development site located at the southeast corner of 43rd Street and Fifth Avenue in Manhattan.