NEW YORK — The sweltering heat may be making shoppers sluggish, but retailers are continuing to ink deals and open new stores at a clip in New York City. Most recently, Rachel Roy signed a 2,500-square-foot lease at 112 Hudson Street for her first boutique in one of Robert De Niro’s TriBeCa buildings. Prudential Douglas Elliman and Robert K. Futterman & Associates represented Roy and Futterman represented De Niro.
- A little farther uptown, Brooklyn Industries announced that it will open its second Manhattan store on Aug. 15 at 161 Eighth Avenue, on the corner of 18th Street, in Chelsea. The retailer, in partnership with designer William Harvey, built the store using sustainable building methods, incorporating recycled and renewable materials. The store also will feature a water tower chandelier by neon artists Lite Brite Neon and custom-designed, tree-themed wallpaper. Dallimore & Co. represented Brooklyn Industries and the landlord, Rubell Co., represented itself. The retailers also expects to open a third Manhattan store in the West Village in late fall.
- The jeweler Honora, which specializes in pearls, plans to open its first flagship in Manhattan in a premier shopping district. Honora is to launch in the fall at 575 Madison Avenue, which is owned by Steinberg & Pokoik Management Corp. The address of the 950-square-foot store will be 30 East 57th Street, Garrick-Aug represented Honora, and Newmark Knight Frank Retail represented the landlord. Ibex Construction has just started building out the property.
- H&M also committed to Midtown, with a 25,000-square-foot lease at 505 Fifth Avenue, on the northeast corner of 42nd Street. The three-story location will be the retailer’s 10th in Manhattan, and is to open next spring. CB Richard Ellis represented H&M, and Robert K. Futterman & Associates represented the landlord, Fifth @ 42nd LLC.