Alan Victor, EVP of Lansco Corp.
NEW YORK CITY—Veteran retail broker, Alan Victor, has died at the age of 80 from complications of Parkinson's disease. He was most recently the EVP of Lansco Corp. and has closed more mega deals and accomplished more for Manhattan's retail renaissance than any other real estate broker, according to a prepared statement.
A graduate of Boston University, he also attended Boston University Law School.
In one of the most high profile and influential retail transactions in the past quarter century he brokered a 49-year-lease of the 24,000-square-foot Rhinelander mansion located at 72nd Street on behalf of his client, Polo Ralph Lauren.
According to a prepared statement, that particular 1986 deal marked the first time a world famous designer leased a super flagship store in Manhattan, not only changing the Madison Avenue retail market, but also paving the way for other designers to follow. He then went on to broker the net lease of 601 Madison Ave. (the former George Jensen Building) for Emporio Armani, as well as the net lease of 42 East 57th St. for Turnbull & Asser.
His icontributions to the return of retail elegance along Fifth Avenue include encouraging Gianni Versace to lease the former Olympic Airways Building (28,000 sq. ft.) for its giant world flagship store, Gant, H. Stern, brokering the A/X Armani lease at 51st Street (10,500 sq. ft.), and advocating the launch of Cole Haan's second Manhattan store at 630 Fifth Avenue in Rockefeller Center. This last accomplishment was the result of the success Cole Haan experienced in its first New York store at Madison Avenue and 60th Street, as well as additional locations in Dallas and Phoenix, all recommended and procured by Alan Victor.
He also also played a major role in shaping the character of many prestigious retail districts in New York. On 57th Street, he represented Alfred Dunhill of London at 450 Park Avenue (15,000 sq. ft.); he negotiated the NIKETOWN net lease of the former Galleries Lafayette site (95,000 sq. ft.) and the Warner Bros. Studio Store (75,000 sq. ft.). He represented the Goodman Estate in their renewal with Van Cleef & Arpels and brokered the lease for the first Dana Buchman and Dana B. Karen stores (divisions of Liz Claiborne, now Brioni Women). A decade ago, he sold 40 East 57th Street to Gianni Versace and resold the building two years later to the King of Morocco.
Other major deals include leasing 1 Times Square (110,000 sq. ft.) to Warner Bros. Studio Store; completing three important J. Crew leases (13,000 sq. ft. at Mercer Street in Soho; 13,500 sq. ft. at 91 Fifth Avenue in the Flatiron District; 13,000 sq. ft. in Rockefeller Center); and leasing 939 Third Avenue (24,000 sq. ft) to Roche Bobois/Maurice Villency. As the exclusive broker for Talbots in Metro New York, he has already leased ten locations for the company, including its 35,000 square foot flagship store at 54th Street and Madison Avenue. He currently represents lululemon athletica in New York and metro area.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
