Whom You Know: FALL 2011 BRINGS NEW AND FABULOUS FASHION TO NEW YORK CITY, SAYS THE FAITH REPORT The quarterly retail overview by “Queen of Retail” Faith Hope Consolo provides a guide to new designers and retail concepts, as well as relocations, citywide

Monday, October 3, 2011

FALL 2011 BRINGS NEW AND FABULOUS FASHION TO NEW YORK CITY, SAYS THE FAITH REPORT The quarterly retail overview by “Queen of Retail” Faith Hope Consolo provides a guide to new designers and retail concepts, as well as relocations, citywide

Fall 2011 will bring an exceptional and eclectic group of new and expanding retailers to New York City, says "Queen of Retail" Faith Hope Consolo in the newly published edition of her quarterly must-read publication "The Faith Report."

Coming to the city in the weeks and months ahead include U.S. and New York City debuts from a number of global chains, new units from local legends, and major expansions and relocations that continue to remake the city’s retail-scape.

"No retailer or designer can be considered an international force without a major flagship here in New York City, and we're seeing an extraordinary crop of newcomers this fall," Ms. Consolo says. "With all due respect to Milan, Paris and Los Angeles, New York is the fashion capital of the world."

Among the city debuts Ms. Consolo cites are: Marimekko's flagship store at 200 Fifth Avenue: Massimo Dutti's first concept store at 54th Street and Fifth Avenue; Maison Laduree at 864 Madison Avenue; Surface to Air at 27 Mercer Street and 25-year-old designer Alexander Berardi's first-ever boutique at 174 Prince Street.

"These chains are coming from around the world, and locating around the city, from the established Fifth and Madison Avenues to Soho, to the Lower East Side," Ms. Consolo observes. "Every neighborhood in the city will see something new and fabulous this fall."

Familiar stores also are expanding, perhaps most notably Century 21's second store in Manhattan at 1972 Broadway.

"Century 21 truly is one of the city's great retail names, given its mix of designer and better apparel for the entire family and home goods, all at a great value," Ms. Consolo observes. "The Upper West Side is a perfect location. After all, what more does a family need?"

A number of major names also are relocating and/or expanding. Paul & Shark will make its New York City debut at 667 Madison Avenue, replacing Michael Kors, even as Kors relocates to Steuben's former location on the Avenue. Similarly, Ivanka Trump Fine Jewelry has departed the Upper East Side for 109 Mercer Street in Soho with Aaron Basha taking her spot at 685 Madison Avenue.

"The ability to relocate to adapt to changing needs is the hallmark of a healthy retail market," says Ms. Consolo, who represented Ivanka Trump Fine Jewelry and Paul & Shark. "All of these fine retailers needed new or differently configured space, and we here at Prudential Douglas Elliman were happy to help them find new homes."

The Faith Report is published quarterly by Faith Hope Consolo and Prudential Douglas Elliman. It can be found at www.elliman.com and www.faith-consolo.com

About Prudential Douglas Elliman's Retail Group

As the industry leader in retail leasing, investment sales and consulting, Prudential Douglas Elliman's Retail Group is renowned for its success on local, national and international platforms. Headed by Faith Hope Consolo, Chairman, the group's comprehensive scope extends to virtually every facet of the retail landscape; from celebrated Madison Avenue to Rodeo Drive, urban retail corridors worldwide, upscale super regional shopping malls, luxury specialty centers and hotel/casino retail. Over the years, the group has brought world-famous fashion designers and international brands to U.S. markets; and U.S brands abroad. Moreover, they are the exclusive representatives of prominent portfolios held by investment funds, public companies and private property owners; as well as consultants for business improvement districts and government agencies.

Recognized for its innovative marketing strategies, the Retail Group offers a wide range of services that are critical for today's economic environment, and provide customized, focused solutions on a client-by-client basis. With unparalleled access to a global network of businesses, owners and buyers, Prudential Douglas Elliman's Retail Group is the foremost retail real estate authority in the country. For more information, visitthe Retail Group online or http://www.faith-consolo.com/

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