"Retail in this area remains hot and there are few retail spacesof this size and scale directly on Broadway," says agent Edan Cohenof Itzhaki Properties, who along with Erez Itzhaki, president ofthe company, is representing the seller.
Cohen tells GlobeSt.com that leasing retail space at thislocation is "an incredible opportunity for a retail brand to mounta presence not only in the Village, but also remain close to thesignature stores of Soho." Cohen further explains that there havealready been interested buyers in the four-level space, which iswithin short walking distance of the New York University campus andclose to many major Soho retailers such as Best Buy, Bath and BodyWorks, Duane Reade, Urban Outfitters, Starbuck's, FrenchConnection, Aldo, American Apparel and Crate & Barrel.
The 686 Broadway property contains 5,000 sf on each floor and22-foot ceilings on the ground floor, with all floors retail-ready"making it perfect for a retail flagship," Cohen says. Cohen wouldnot provide information regarding the seller or reasons for sellingat this time.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
