What Does The 'New Normal' Of Retail Look Like? Find Out At Bisnow's April 5 Event
While New York’s retail sector has yet to fully return to the hustle and bustle of pre-pandemic life, it has been showing indications of recovery. As of Q3 2021, Manhattan retail leases have increased by 29.2% as compared to Q3 2020. Also, looking to the future, various technology innovations that have been impactful during the pandemic, such as curbside pickup and contactless payment options, are likely to remain relevant in the retail sector, as consumers continue to explore creative options for getting everyday necessities.
Those who have a stake in the retail sector may wonder how the presence of these technologies will impact sales and how much momentum storefronts will see moving forward. For investors and building owners, this shift may mean reassessing the length of leases and figuring out how their assets can be as lucrative as ever.
At Bisnow’s in-person event, National Retail Summit: Buying, Selling, Leasing and Driving Demand, on April 5, attendees can gain insight into how CRE professionals are navigating the current state of the retail market and learn more about the right time to take the plunge into their next asset.
Panels will be moderated by Dena Cohen, partner at Herrick Feinstein, and Risa Letowsky, partner at Duval & Stachenfeld.
Click here to register for this event and view Bisnow’s Covid-19 safety guidelines and protocols.
Speakers and panelists include:
Holding, Buying or Selling? Navigating Investment Opportunities
— Jeff Weinhaus, co-president and chief development officer, Equinox.
— Jessica Zaski, co-head of acquisitions, Acadia Realty Trust.
— Stefan Martinovic, vice president of data partnerships, Placer.ai.
Lease Negotiating Table: Who has the leverage?
— David Himmel, COO, Jamestown.
— Whitney Arcaro, EVP and head of marketing and retail leasing, RXR Realty.
New Shape of NYC Street Retail
— Alex Solomon, senior real estate manager, North America, JOKR.
— Dan Shallit, director of store development, Starbucks.
— Oliver Holland, senior director of project management, Schimenti Construction Co.
— Helen Herrick, studio director, MBH.
Register here for the opportunity to meet in person with investors, developers, tenants and other commercial real estate professionals and learn more about how to get the most out of the changing nature of the retail market.
