Regions Northeast | New York
Teen Retailer Buys Office Space in Manhattan
Aug 19, 2008

rue21, a leading specialty value teen retailer for girls and guys is on the move in New York City. The 400 plus store retailer has acquired and customized a 3,800-square-foot office located in the Fashion District. The office space is located at 1071 Avenue of the Americas, directly across from Bryant Park. Most recently, rue21 inc. celebrated their headquarters expansion in Warrendale, Pa., increasing the size of the facility to 53,000 square feet and also the grand opening of their 400th store in Zachary, LA. The company plans to open 100 stores this year. The stores are located in community strip centers, regional malls and outlet centers.

 
Recent New York Headlines
Developers Move Ahead with Plans for 60-Story NYC Tower
Banking that the healthcare industry will stay healthy despite the tough economic times, developers are moving ahead with plans to build the World Product Centre, a 60-story tower on Manhattan’s West Side that would showcase medical diagnostic and device companies and serve as an international educational center.
pier 57 NYC's Pier 57 Attracts Trio of Renovation Proposals
At the edge of Manhattan’s Meat Packing District in Chelsea, Pier 57 abuts an area that has seen a burst of activity over the last decade. Located at the end of West 15th St. and encompassing some 375,000 square feet of waterfront space plus rooftop area, the pier is now the focus for three bids for renovation.
Economou Joins Grubb as EVP
Richard Economou has joined Grubb & Ellis Co.'s New York office as executive vice president.  Specializing in the finance, insurance and real estate sectors, he brings more than two decades of commercial and retail real estate experience to the firm, including experience with real estate turnaround transactions.
CBRE Promotes 4 to SVP
CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president.  They were previously first vice presidents.
$2B Deal for Pair of NYC Offices Reportedly Falls Through
Two New York City office properties are back on the market, as a deal under which George Comfort & Sons would have acquired the assets--1540 Broadway and Worldwide Plaza--for some $2 billion has fallen through.