Amira Yunis CBRE

NEW YORK CITY—With today's news of retail rents outpacing sales and the challenges of brick-and-mortar stores, at ICSC's second largest conference running from Dec. 5 through Dec. 7, 2017 at the Jacob K. Javits Convention Center, conversations will certainly focus on the latest CRE innovations in retail. GlobeSt.com interviewed Amira Yunis, executive vice president, retail services, at CBRE; Beth Rosen, executive vice president at RKF; and Brandon Singer, managing director, retail services at Cushman & Wakefield. They sketch out today's landscape for both landlords and tenants.

“It's a time of a new age. Innovation is happening like we've never seen before,” says Singer. “Seeing these new worlds collide in retail space, where you can touch and feel and really interact with consumers, it's an incredibly exciting time.”

Yunis observes in traveling around the world, other countries have added restaurants, champagne and other “fun amenities” to differentiate the shopping experience. “The stores in New York are now starting to follow this trend,” Yunis says. “It is important that US stores stay current with what all customers find interesting, for both young and old.”

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.