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REBNY Bestows Retail Deal of the Year Awards

NEW YORK CITY-The “Most Ingenious” award went to a CBRE broker for the Ralph Lauren lease at 711 5th Ave. while “Most Significant” went to Ripco Real Estate for returning Barneys to 107 7th Ave.

By Rayna Katz | Updated on June 11, 2014

NEW YORK CITY—The Real Estate Board of New York earlier this week bestowed top honors for the most creative and significant New York City retail deals of 2013 at its annual Retail Deal of the Year Awards. The top two deals selected from an array of 18 retail transactions were announced at the Retail Committee’s annual cocktail reception, held at Club 101.

The “Most Ingenious Retail Deal of the Year,” which is said to demonstrate exceptional broker acumen, ingenuity and creativity was presented to Richard Hodos of CBRE, Inc. for “A Marriage Made in (Marketing) Heaven: The Polo/Ralph Lauren Lease at 711 Fifth Avenue.”

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