Weekly Ketchup
This Week in Retail Real Estate News
For the Week of July 26 – August 1, 2025
Welcome to This Week in Retail Real Estate News — your go-to source for staying informed on the most impactful developments shaping retail and commercial real estate in New York City and other major gateway cities. Whether you're a retailer expanding to your next location, a hospitality group seeking the right corner, or a landlord looking to stay ahead of trends, NYC Retail Brokers is here to keep you informed and ready to act.
📰 National & Global Retail News Highlights
Hoka Doubles Down on Brick-and-Mortar
While e-commerce continues to grow, Deckers Brands (parent company of Hoka) confirmed that physical stores are now the most profitable channel for full-price sales. CEO Stefano Caroti emphasized that “Hoka’s stores offer the best opportunity to tell the brand’s story,” reinforcing the importance of flagship retail locations — especially in cities like New York.
Source: https://www.fashiondive.com/news/hoka-growth-retail-stores-full-price-sales/754140
Retailers Brace for Tariff Headwinds
As paused U.S. tariffs are reinstated in August, analysts at Alvarez & Marsal warn retailers to cut SG&A by 15–20%, restructure supply chains, and focus on core product categories. Smart brands are now rethinking retail footprints, preferring flexible leases and multi-brand spaces over long-term commitments.
Source: https://www.fashiondive.com/news/high-alert-tariff-deadlines-alvarez-marshal/754029
Rebecca Minkoff Transitions to Licensing Model
Rebecca Minkoff is expanding her brand through licensing partnerships with Concept One, Vida Shoes, and others. She’s retaining control of digital and key stores, but this move underscores how brands are scaling faster with less operational overhead — a signal to landlords that brand-operated flagships may give way to third-party or showroom models.
Source: https://www.fashiondive.com/news/rebecca-minkoff-licensing-transition-sunrise-brands/754216
Miu Miu Powers Prada’s Earnings
The Prada Group reported 8% revenue growth in the first half of 2025, driven by a 40% surge in Miu Miu sales. Wholesale declined slightly while retail expanded. High-end fashion’s continued growth bodes well for luxury corridors in cities like New York, Paris, and Milan.
Source: https://www.fashiondive.com/news/prada-group-revenue-first-half-2025-miu-miu/756314
🏙️ NYC Retail & Real Estate Market Recap
Venture Capital Comes to SoHo
Reddit co-founder Alexis Ohanian signed a lease for a 10,000 sq ft full-building space at 216 Lafayette Street for his VC firm Seven Seven Six. This continues the trend of SoHo becoming a tech and innovation hub — and it’s increasing foot traffic for nearby retail and hospitality operators.
Source: https://therealdeal.com/new-york/2025/07/26/this-weeks-new-york-city-real-estate-news/
Broad Street Development Converts Tribeca Office to Condos
The $44M purchase at 139 Franklin Street, backed by TPG Angelo Gordon, is being repositioned as an 18-unit boutique condo building. This suggests a shift in how underperforming commercial buildings are being converted — often freeing up ground-floor retail for new tenants.
Source: https://therealdeal.com/new-york/2025/07/26/this-weeks-new-york-city-real-estate-news/
FiDi Site Trades for $155M
Hawkins Way Capital acquired 99 and 103 Washington Street — former hotel and retail properties — in a $155M transaction. Expect redevelopment, likely mixed-use, and increased competition for new restaurant and service operators in FiDi.
Source: https://therealdeal.com/new-york/2025/07/23/new-york-top-real-estate-deals-tuesday-july-22-2025/
Brooklyn Townhouses Dominate Luxury Sales
A recent report shows that ~78% of Brooklyn’s luxury sales in 2025 have been townhouses — up from 76% last year. Many of these properties offer retail or office conversion potential, especially in Williamsburg, Fort Greene, and Carroll Gardens.
Source: https://therealdeal.com/new-york/2025/07/26/brooklyn-townhouses-deals-over-5m-are-on-the-rise/
🌍 Gateway City Comparison
Los Angeles: Beverly Hills saw a $200M+ office building sale last week, showing investor interest remains strong even amid headwinds.
Las Vegas: A 400,000 sq ft retail-entertainment project is moving forward, favoring mid-market experiential tenants.
Miami: High-net-worth migration continues to fuel hospitality and retail leasing along Brickell and Wynwood corridors.
These markets mirror trends we’re seeing in NYC — a shift to experiential retail, creative leasing, and ground-floor activation in lifestyle districts.
🧠 How We Help
As your expert in New York City retail leasing, we don’t just follow the trends — we act on them. Our team works directly with:
Retailers scaling to SoHo, Flatiron, Midtown, and Brooklyn
Hospitality and restaurant groups seeking high-foot-traffic corners
Landlords repositioning mixed-use properties
Medical, wellness, fitness, salon, and boutique brands expanding in NYC
🎯 Opinion: Where Retail Is Headed
Retail is no longer just about shelves and square footage — it’s about storytelling, flexibility, and strategic placement. NYC is benefiting from the convergence of luxury, tech, residential growth, and renewed foot traffic.
As high-growth brands double down on physical space, and landlords become more adaptive, there's never been a better time to secure a prime retail location in New York.
Whether you’re planning your next flagship or exploring popup opportunities, the smartest time to act is before your competitors do.
📞 Let’s Talk
Ready to explore NYC retail space?
📩 Contact NYC Retail Brokers
📞 Call us | 📧 Email us | 🌐 www.nycretailbrokers.com
We’re here to help you secure the right space — in the right neighborhood — at the right moment.