Retail Real Estate Awards Contenders Announced

By Amy Zimmer | May 9, 2012 1:20pm 

MANHATTAN — What was the 2011's best retail deal of the year?

The Real Estate Board of New York is whittling down a list of 11 submissions and will be awarding the "Most Creative Deal in Manhattan" and the "Retail Deal Which Most Significantly Benefits the Manhattan Retail Market" on June 12 at the 101 Club.

Among this year's contenders are the Downtown deal to expand Key Food into a former Burger King and Foot Locker at 55 Fulton St., bringing the cult favorite Stumptown Coffee to the Village at 30 West Eighth St. and Hakkasan — the Chinese "Nobu" — moving to Midtown at 311 W. 43rd St.

Century 21's store in Lincoln Square at 1972 Broadway, bringing Jekyll and Hyde to the Times Square W at 229 W. 43rd St., opening TJ Maxx at 14 Wall St. and relocating the luxury jeweler Buccellati from 46 E. 57th St. to 810 Madison Ave. were also on the list.

“We recognize the level of ingenuity, creativity, and skill needed to achieve these remarkable transactions,” Steven Spinola, REBNY President said in a statement.  “Last year brought in some exciting deals and it’s going to make for some stiff competition."

Other deals in the running include bringing luxury retail to 810 Washington St. in the Meatpacking District, the leasing of the Times Square Theater at 215-219 West 42nd St., bringing a food market at 140 West 57th St. and moving upscale shops into 499 Park Ave.

The winning deals in 2010 included Fairway Market's lease at 240 E. 86th St. and the deal for Filene's Basement and Syms — which have both since filed for bankruptcy — at 530 Fifth Ave.