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Trader Joe’s

The Lobby

Amira Yunis. (Courtesy Katie Khouri)

Amira Yunis Leaves Newmark for CBRE

Amira Yunis, a top retail leasing broker in Manhattan, is leaving Newmark Knight Frank for CBRE several sources say.

Ms. Yunis brokered a number of notable transactions with major retailers during her tenure at Newmark, where she rose to the rank of executive vice president within the company’s retail leasing arm.

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the sit-down

Ian Schrager shares Steve Jobs' obsession with detail.

Ian Schrager’s PUBLIC Display of Affection

Hotel legend Ian Schrager announced yesterday that his newly-formed PUBLIC brand will be teaming up with residential developers Durst Fetner Residential to launch a new hotel/rental apartment hybrid on 855 Sixth Avenue. Called PUBLIC New York, the 250-plus key New York hotel will be Mr. Schrager’s second site in his PUBLIC brand since unveiling PUBLIC Chicago in September. The building will also feature 60,000 square feet of retail and 315 rental apartments. Fresh from a recent trip to Chicago, Mr. Schrager spoke with The Commercial Observer yesterday about the design of PUBLIC New York, the status of the Clock Tower building, and his love for all things Apple and Trader Joe’s.

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New York Retail Explained

The building at 675 Sixth Avenue once housed Adams’ Dry Goods, one of New York’s first department stores to have automatic elevators. Now, 109 years later, still a trailblazer, the building will become one of the first in Manhattan to have a Trader Joe’s.

The landmarked address, called the Mattel Building since the 1980s, was largely Read More

Trader Joe’s Stakes Claim on Sixth Avenue

Trader Joe's, oh ye of endless lines, Hawaiian shirts, eerily pleasant staff, and to-die-for chipotle-flavored hummus, finally you're coming to Sixth Avenue!

The store has signed a lease for the retail space at the handsome Mattel Building at 675 Sixth Avenue, the storefront formerly occupied by Barnes & Noble, according to an industry source. Trader Read More

Two Trees Closes on Trader Joe’s Site in Brooklyn

The building that will house the new Brooklyn Trader Joe’s is officially the property of Two Trees Management.

The DUMBO-based real estate company recently closed on the old Sovereign Bank building at 130 Court Street for $6.5 million, according to city records.

The Observer broke the news of the borough’s first outpost Read More

Aloha Also Means Goodbye for Bank in Trader Joe’s Way

Local politicos sporting Hawaiian shirts paraded down Court Street today to the tune of a steel drum band in celebration of grocery chain Trader Joe's forthcoming arrival in Brooklyn.

See our previous coverage here.

Among the few not dressed for the faux luau: Michael Armstrong, vice president and PR manager for Sovereign Bank, which presently Read More

Trader Joe’s Is Coming to Brooklyn

Hawaiian shirts, Two Buck Chuck and egg rolls will soon be big topics of conversation on the corner of Atlantic Avenue and Court Street in Brooklyn.

That’s right, folks: Trader Joe’s is finally coming to Brooklyn.

The borough’s first outpost of the wildly popular grocery store will sit at 130 Court Street Read More

The Afternoon Wrap: Friday

  • Seven reasons for Queens' impending triumph: Long Island City; more bang-for-buck; it's not Jersey; the "tipping point"; Trader Joe's; community blogs; and, most importantly, Ugly Betty. [OuterB]
  • Why should NYC ban traffic on Williamsburg's main stretch? Because hipsters deserve their own esplanade, and because "preserving the small town quality of Williamsburg and allowing for Read More

The Afternoon Wrap: Monday

  • The Afternoon Wrap is getting 2007 off to a grand start by posting our first link to The Party for Socialism and Liberation. An article on New York real estate and the scary Pinnacle Group points out: "[U]nlike Trump, most of the real estate capitalists keep a low profile. Most workers will never meet Read More

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