LAS VEGAS—In anticipation of the upcoming ICSC Las Vegas conference, we caught up with Odyssey Retail Advisors to talk about the retail landscape in  three primary markets that the firm is operating within–New York, South Florida, and Chicago.

New York City's Fifth Avenue is witnessing a remarkable recovery, fueled by a surge in U.S. luxury spending, Charlie Koniver, principal, tells GlobeSt.com. This resurgence is not just revitalizing one of the world's most iconic shopping streets but also underscores the enduring allure of luxury retail, he explains.

"Odyssey has been instrumental in reintroducing prestigious brands to this legendary locale, thereby reshaping Manhattan's retail environment into a thriving hub for luxury shopping," Koniver says. "They've handled the recent leases of Dolce & Gabbana at 691-693 Madison Avenue, Chopard and Chanel at 730 Fifth Avenue, Burberry at 693 Fifth Avenue, and Bang & Olufsen at 540 Madison Avenue."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.