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July 6, 2011
Apparel Insiders: Gotham’s Queen of Retail
Brooklyn Gal
First the rat tsunami — next the gentrification tsunami.
With her immaculately coiffed blonde hair, chic suits and touch of bling, Faith Hope Consolo, chairman of Prudential Douglas Elliman Real Estate’s Retail Leasing and Sales Division, is one of the most recognizable figures in the specialized world of retail real estate.
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Apparel Insiders recently caught up with Consolo to talk about the go-to shopping neighborhoods in Manhattan and the boroughs and to get the dirt on some of the latest retail trends and emerging areas.
...AI: On the Brooklyn front do you know of any retailers that are planning on opening in the vicinity of the controversial Atlantic Yards development, which also includes the sports venue Barclays Center? Does Atlantic Yards present an opportunity for retailers? Will those retailers help change the character of Downtown Brooklyn?
FHC: There are rumors of a Dave & Busters — or a similar concept — to come to the area. That would be perfect given the Barclays Center — people attending an event need somewhere to dine/be entertained, as do the many commuters who go through the subway and LIRR stations at the site. Rent increases will drive more trendy shops. Already, a number of boutiques are moving from Soho to Brooklyn. Given the presence of Barneys Co-Op and Trader Joe’s not too far away, I wouldn’t be surprised to see much more upscale shopping near the project. Atlantic Yards will complement and continue what’s already going on in the area: increasingly upscale shops and restaurants that match the pricey residences in Carroll Gardens and Cobble Hill.
Posted by eric at July 6, 2011 12:11 AM