NEW YORK CITY-Following last month's approval by City Council for the redevelopment of Pier 17, the Howard Hughes Corporation announced Thursday it has named RKF as the exclusive consultant and leasing agent for the South Street Seaport.
A team of RKF brokers, consisting of chairman & CEO Robert Futterman, EVP Karen Bellantoni and associate Tess Jacoby will represent Howard Hughes Corp. on this assignment. They will work closely with a team from Howard Hughes, including Keith Laird, EVP of leasing, and Michelle Waak, VP of leasing.
With over 365,000 square feet of retail, dining and entertainment space, the Seaport is comprised of the historic Uplands and Pier 17. The redevelopment plan features the transformation of the Pier 17 building, including enhanced and increased open space on the pier along with a new façade, retail space, restaurants and neighborhood shops. The building was severely damaged by Hurricane Sandy, it will operate only through this summer before the refurbishment begins. Inquiries by GlobeSt.com about the types of retailers that would be in the space were not responded to by press time.
Larger open spaces on the pier—along with new rooftop space for concerts, music and other entertainment events—will showcase views of the city skyline, East River and Brooklyn Bridge.Construction for the redevelopment will begin this fall, and the project will be completed in 2015.
"We are honored to have been chosen by the Howard Hughes Corporation to help transform the South Street Seaport and create the most vibrant retail and entertainment venue in Lower Manhattan," says Robert Futterman in the announcement. "Our deep expertise with urban retail is perfectly matched for this assignment, and we're thrilled to play a key role in yet another historic opportunity."
Added David Weinreb, CEO of Howard Hughes Corp., in the release. "Our vision for a revitalized and reenergized Seaport will create an unrivaled New York experience that is compelling for the ever-growing population of residents, local workers and visitors," he says "Working with RKF will ensure we bring best-in-class offerings, including acclaimed national and international retailers, local shops and destination restaurants."
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
