RETAIL and amenities lure homebuyers from the city:WSJ

Retail and amenities lure homebuyers from the city

Published in: WSJ

Published: September 17, 2019

“The SoNo Collection, a mall that’s opening in Norwalk inOctober,will add the region’sfirstmajorboutiquenational stores and other new players,” says Joseph A. Aquino, Manhattan-based president of JAACRES, which specializes in commercial leasing. “Greenwich is probably the town best-known in Fairfield County for shopping and fine dining.”

 

Little Italy: It’s time for New Yorkers to re-visit this fascinating neighborhood: NYREJ

Little Italy: It’s time for New Yorkers to re-visit this fascinating neighborhood - by Joseph Aquino

Published in: NYREJ

Published: September 17, 2019

This summer, I had the pleasure of spending my entire afternoon on Mulberry St.—in the heart of Little Italy—and I saw more pedestrian traffic than West Broadway in SoHo and almost as much as Times Square.

 

Our firm is thriving by staying ahead of the curve - by Joseph Aquino: NYREJ

Our firm is thriving by staying ahead of the curve - by Joseph Aquino

Published in: NYREJ

Published: September 3, 2019

National and global economies seem to be slowing down, and we might be heading into a recession. I’m not worried, though, about my company, JAACRES. We have accomplished a lot this year, and we are going to shine even brighter if the market turns down.

 

New YORKERS ARE IN FOR A Treat: REAL ESTATE WEEKLY

New Yorkers are in for a treat

Published in: Real Estate Weekly

Published: August, 28, 2019

Just six minutes from the Lincoln Tunnel, at the New Jersey Meadowlands in East Rutherford, N.J., the $5 billion American Dream stands ready to open on October 25: the third-largest retail/entertainment/lifestyle complex in North America. Certainly it will be the most spectacular destination of its kind on this continent; probably in the world.

 

Once a retail shrine, flagship stores lose their shine: Daily Chronicle

Once a Retail Shrine, Flagship Stores Lose Their Shine

Published in: Daily Chronicle

Published: August, 13, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

More flagship Stores Closing: Voice of america

More Flagship Stores Closing

Published in: Voice of America

Published: August, 9, 2019

The latest victim to the changes could be Barneys New York. It opened its 10-story Madison Avenue store in 1993. Barneys became a cultural icon in luxury shopping but now risks closure.

Joseph Aquino runs a real estate services firm. “We are in the phase where a lot of younger shoppers don’t want to go to the high street. They sit around and buy online and that’s what we are fighting against,” he said. ”

 

Why Fashion Flagship Stores Are Closing, or Being Reinvented: Fortune

Why Fashion Flagship Stores Are Closing, or Being Reinvented

Published in: Fortune

Published: August, 8, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

The retail apocalypse is shutting down flagship stores: USA Today

The retail apocalypse is shutting down flagship stores

Published in: USA Today

Published: August, 8, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys Seeks Bankruptcy Protection, Closes Most Stores: The New York Times

Barneys seeks bankruptcy protection, closes most stores

Published in: The New York Times

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys Seeks Bankruptcy Protection, Closing L.A. Stores Except Beverly Hills Flagship: The Hollywood Reporter

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores: NBC News New York

Published in: The Hollywood Reporter

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Luxury department store Barneys files for bankruptcy protection and will close 15 of its 22 locations: Daily Mail UK

Luxury department store Barneys files for bankruptcy protection and will close 15 of its 22 locations

Published in: Daily Mail, UK

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores: NBC NEWS NEW YORK

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores: NBC News New York

Published in: NBC News New York

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: ABC NEWS

Barneys seeks bankruptcy protection, closes most stores: ABC News

Published in: ABC News

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: NBC NEWS

Barneys seeks bankruptcy protection, closes most stores: NBC News

Published in: NBC News

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

BARNEYS SEEKS BANKRUPTCY PROTECTION, CLOSES MOST STORES: FOX TV

Barneys seeks bankruptcy protection, closes most stores: FOX TV

Published in: FOX TV

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: Miami Herald

Barneys seeks bankruptcy protection, closes most stores: Miami Herald

Published in: Miami Herald

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores, including in Seattle

Barneys seeks bankruptcy protection, closes most stores, including in Seattle

Published in: Seattle Times

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: times union

Barneys seeks bankruptcy protection, closes most stores: Times Union

Published in: Times Union

Published: August, 7, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: U.S. News & World Report

Barneys seeks bankruptcy protection, closes most stores: U.S. News and World Report

Published in: U.S. News and World Report

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: SFGATe, San Francisco Chronicle

Barneys seeks bankruptcy protection, closes most stores: SFGATE, San Francisco Chronicle

Published in: SFGATE, San Francisco Chronicle

Published: August, 6, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

BARNEYS SEEKS BANKRUPTCY PROTECTION, CLOSES MOST STORES: Fox 19

Barneys seeks bankruptcy protection, closes most stores

Published in: Fox 19

Published: August, 6, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

BARNEYS SEEKS BANKRUPTCY PROTECTION, CLOSES MOST STORES: The Washington Post

Barneys seeks bankruptcy protection, closes most stores

Published in: The Washington Post

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: Hawaii News Now, CBS Hawaii

Barneys seeks bankruptcy protection, closes most stores

Published in: Hawaii News Now, CBS Hawaii

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: Lexington Herald Leader

Barneys seeks bankruptcy protection, closes most stores

Published in: Lexington Herald Leader

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

BARNEYS SEEKS BANKRUPTCY PROTECTION, CLOSES MOST STORES: GREENWICH TIME

Barneys seeks bankruptcy protection, closes most stores

Published in: Greenwich Time

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Could Barneys Pull Off a Bankruptcy Turnaround? Footwear News

Could Barneys Pull Off a Bankruptcy Turnaround? Footwear News

Published in: Footwear News

Published: August, 6, 2019

“I think that downsizing would be the beginning of the end for them,” said Joseph Aquino, president of JAACRES, a commercial real estate firm. “It would be the tourniquet, but it would still be bleeding. There will be less of an attraction and a little less of a reason to go there, so I don’t see that to be the answer.”

 

Barneys seeks bankruptcy protection, closes most stores: Associated Press

Barneys seeks bankruptcy protection, closes most stores: Associated Press

Published in: Associated Press

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores: NBC 4, washington dc

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores: NBC 4, Washington DC

Published in: NBC 4, Washington DC

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Barneys seeks bankruptcy protection, closes most stores: Merced Sun-Star

Luxury Store Barneys Files Bankruptcy Protection, Closes Most Stores

Published in: Merced Sun-Star

Published: August, 6, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Once a retail shrine, flagship stores lose their shine: The Washington Post

Once a Retail Shrine, Flagship Stores Lose Their Shine: The Washington Post

Published in: The Washington Post

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Once a retail shrine, flagship stores lose their shine: the new york times

Once a Retail Shrine, Flagship Stores Lose Their Shine: The New York Times

Published in: The New York Times

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Once a retail shrine, flagship stores lose their shine: MSN Money

Once a Retail Shrine, Flagship Stores Lose Their Shine: MSN Money

Published in: MSN Money

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Once a retail shrine, flagship stores lose their shine: Associated Press

Once a Retail Shrine, Flagship Stores Lose Their Shine: Associated Press

Published in: Associated Press

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

ONCE A RETAIL SHRINE, FLAGSHIP STORES LOSE THEIR SHINE: Yahoo Finance

Once a Retail Shrine, Flagship Stores Lose Their Shine: Yahoo Finance

Published in: Yahoo Finance

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

LARGE-FORMAT FLAGSHIPS SHIFTING AMONG CHANGING RETAIL LANDSCAPE

Large Format Stores Shifting Among Changing Retail Landscape

Published in: Finance & Commerce

Published: August, 1, 2019

"The concept of a flagship store is more than a century old and used to be limited to retailers' biggest store – one in their first or most prominent location. But in the last 20 years, a flagship store frenzy took hold and retailers such as Gap and H&M looked at them as a must-have shrine to their brands, opening multiple flagships in multiple locations. Not only that, but they were willing to pay exorbitant sums of money to showcase their merchandise in luxury corridors.

Rents have swelled so much, however, that many retailers can no longer justify the high price, especially as more shoppers shift their spending online and physical stores lose foot traffic.

Still, flagship stores aren't dead. Many retailers like Nike and Levi are embracing new versions that beckon shoppers with less merchandise and more high-tech experiences.”

 

Large Retailers Shift Priorities: Swank Showcases Become Personalized

Large Retailers Shift Priorities: Swank Showcases Become Personalized

Published in: The Journal Gazette

Published: August, 1, 2019

"The concept of a flagship store is more than a century old and used to be limited to retailers' biggest store – one in their first or most prominent location. But in the last 20 years, a flagship store frenzy took hold and retailers such as Gap and H&M looked at them as a must-have shrine to their brands, opening multiple flagships in multiple locations. Not only that, but they were willing to pay exorbitant sums of money to showcase their merchandise in luxury corridors.

Still, flagship stores aren't dead. Many retailers like Nike and Levi are embracing new versions that beckon shoppers with less merchandise and more high-tech experiences."

 

Once a shrine to a retailer's brand, 'flagships' lose luster

Once a Shrine to a Retailer's Brand, 'Flagships' Lose Luster

Published in: ABC News

Published: August, 1, 2019

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.

Tommy Hilfiger, which also closed its other U.S. flagships on the swank Collins Avenue in Miami, will be testing smaller shops with online interaction in the U.S. that could be more like pop-ups."

 

Once a RETAIL shrine, flagship stores lose their shine: Miami herald

Once a Retail Shrine, Flagship Stores Lose Their Shine: Miami Herald

Published in: Miami Herald

Published: August, 1, 2019

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Flagship Stores Re-Invented, Retailers Look for Novel Solutions

Flagship Stores Re-Invented, Retailers Look for Novel Solutions

Published in: Stamford Advocate

Published: August, 1, 2019

"The concept of a flagship store is more than a century old and used to be limited to retailers' biggest store — one in their first or most prominent location. But in the last 20 years, a flagship store frenzy took hold and retailers from Gap to H&M looked at them as a must-have shrine to their brands, opening multiple flagships in multiple locations. Not only that but they were willing to pay exorbitant sums of money to showcase their merchandise in luxury corridors. Rents have swelled so much, however, that many retailers can no longer justify the high price, especially as more shoppers shift their spending online and physical stores lose foot traffic."

 

Once a Retail Centerpiece, Flagship Stores Lose Their Shine

Once a Retail Centerpiece, Flagship Stores Lose Their Shine

Published in: Chicago Tribune

Published: August, 1, 2019

"Other retailers are reimagining the flagship concept instead of abandoning it altogether.

Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”

 

Say Goodbye to Flagships, and Hello to New Retail

Say Goodbye to Flagships, and Hello to New Retail

Published in: This is Money UK

Published: August, 1, 2019

"But many analysts believe they haven't fallen far enough. In fact, commercial rents in 45 out of the 60 cities including New York, Los Angeles and Miami, are higher than in 2009 when the economy was in a recession, according to data from CBRE, a commercial real estate service firm. In the case of Barneys New York's Madison Avenue store, the landlord there reportedly raised its rent to $30 million from $16 million earlier this year. A Barneys spokeswoman declined to comment. Still, flagship stores aren't dead. Many retailers like Nike and Levi are embracing new versions that beckon shoppers with less merchandise and more high-tech experiences.

 

Once Prevalent Retail Flagships are Being Reimagined

Once Prevalent Retail Flagships are Being Reimagined

Published in: Las Vegas Sun

Published: August, 1, 2019

"[Traditional] large format stores that showcase the best of what a retailer has to offer are starting to disappear... Nike, for instance, opened a massive store on Fifth Avenue late last year that doesn't have any cash registers. It lets shoppers see details of items displayed on a mannequin by scanning the QR code and then having those items delivered to a fitting room or a designated pickup spot.

 

JAACRES Is Doing Deals In 2019!

JAACRES is Doing Deals in 2019!

Published in: New York Real Estate Journal

Published: July 30, 2019

To read more, click below.

 

JAACRES: The New York City commercial real estate market is evolving, and we must evolve with it.


JAACRES: The New York City Commercial Real Estate Market is Evolving, and We Must Evolve With It.

Published in: New York Real Estate Journal

Published: July 30, 2019

"The overall commercial real estate picture in the New York metro area might look daunting to some investors and developers. We’re on a down cycle in 2019, following a recovery that lasted nearly a decade.

Retail has been great for New York for generations—“We’re under-retailed” has been a constant complaint—but today’s brick-and-mortar retailers have to change as the demographics change, and as technology evolves. Spending at non-store retailers, including online vendors such Amazon, rose 1.7% last month, according to the U.S. Department of Commerce.."

 

Aquino of JAACRES Commercial Realty completes two 
Southampton retail leases totaling 2,600 s/f.

Joseph Aquino of JAACRES Commercial Realty completes two Southampton retail leases totaling 2,600 s/f

Published in: New York Real Estate Journal

Published: July 2, 2019

"Joseph Aquino, president of JAACRES Commercial Realty, has arranged two retail leases totaling 2,600 s/f.

In the first deal, Aquino leased 1,800 s/f at 52 Jobs Ln. to The White Co. for a pop-up store.“We are thrilled to have this wonderful U.K. based company that has over 70 stores in the United Kingdom” said Aquino. 'This location follows their recent store opening in the Flatiron District.'"

 

London: The best gets better! The retail picture remains strong despite economic cycles - by Joseph Aquino.

London: The best gets better! The retail picture remains strong despite economic cycles - by Joseph Aquino

Published in: New York Real Estate Journal

Published: June 18, 2019

"Despite the inevitable economic cycles that have recently impacted some London neighborhoods, the overall retail picture appears strong. Thirty international retailers made their Central London débuts last year. This trend continues in 2019, with a further 20 retailers committing to open their first London locations year-to-date.

Bond St. continues to run ahead of the market, with record rents recently achieved. New openings from Richard Mille and Herno underline the location’s dominance as an international hub for luxury brands."

 

Outside the Region: Aquino of JAACRES and Palermo of Coldwell Banker sell Beverly Hills retail property for $5.5 million

Outside the Region: Aquino of JAACRES and Palermo of Coldwell Banker sell Beverly Hills retail property for $5.5 million

Published in: New York Real Estate Journal

Published: April 16, 2019

"According to The Secret Brokers Society, Joseph Aquino, president of JAACRES, has partnered with Anthony Palermo from Coldwell Banker to sell a retail property at 839 N. La Cienega within the Los Angeles Design District. The property sold for $5.5 million."

 

Why have the retail rents fallen, and why do they continue to decline?

"Why have the retail rents fallen, and why do they continue to decline?"

Published in: New York Real Estate Journal

Published: March 19, 2019

"Why have retail rents fallen, and why do they continue to decline? It can’t be because sales are off. Young people’s closets are still full of designer shirts, khakis, and sneakers—for which they’re still paying top dollar. However, the way they buy their merchandise has changed dramatically."

 

Secret Broker Society team of JAACRES and Mason Alexander Group broker 1,000 s/f for Charleston Shoe Company

"Secret Broker Society team of JAACRES and Mason Alexander Group broker 1,000 s/f for Charleston Shoe Company"

Published in: New York Real Estate Journal

Published: March 05, 2019

"NEW YORK: The international Secret Brokers Society sales and leasing team of Joseph Aquino, President of JAACRES, and Lynn San Andres, President of The Mason Alexander Group has leased Charleston Shoe Company their 1,000 square foot store location at 12 Jobs Lane, SOUTHAMPTON, NEW YORK. Charleston Shoe Company, a national shoe retailer with twenty two (22) locations, can be found in tourist and resort settings throughout the United States."

 
 

Secret Brokers Society lands in London: The team is in place, & mandates are rolling in

"Secret Brokers Society lands in London: The team is in place, and the mandates are rolling in"

Published in: New York Real Estate Journal

Published: Nov 20, 2018

"After a short hiatus, The Secret Brokers Society (SBS) is back together in full swing: making calls, exchanging ideas and market secrets, doing deals. Our format was always simple–Put the best worldwide brokers together in a room, or on a call, extract their egos and of course the politics, and what do you have? An all-star team!"

 

WE'LL HANDLE THE LEASING OF PRESENTLY 'PAUL & SHARK' SPACE ON MADISON AVE

"Joseph Aquino Commercial Real Estate Services LLC to handle leasing of former Paul & Shark space on Madison Ave"

Published in: New York Real Estate Journal

Published: August 24, 2017

"This is one of the strongest retail sections along Madison Ave. and pedestrian traffic is always in full bloom. Even though most retailers don’t report sales publically on a store by store basis, sales in this particular corridor is the highest in the country. Madison Ave. is one the world’s most luxurious & longest shopping streets, starting at 49th St. where Saks Dept. Store is & goes upto the Armory at 93rd St."


BELFAST RETAIL TURNAROUND A TITANIC ACHIEVEMENT

"Belfast retail turnaround a Titanic achievement" - by Joseph Aquino

Published in: Real Estate Weekly

Published: August 16, 2017

"As a commercial real estate broker, I constantly travel the world searching for new retailers to bring back to New York City and the other cities in America. Most recently, I visited Belfast. The Lonely Planet Travel Site, which directs people to new travel destinations, once included Belfast, the capital of Northern Ireland which is part of the U.K. on a danger list that included Baghdad, Beirut and Bosnia. They were referred to as the 4 B’s of dangerous Cities."


POP UP OR POOPED OUT? INSIGHT INTO TODAY'S RETAIL.

"Pop up or pooped out? Insight into today’s retail" - by Joseph Aquino

Published in: New York Real Estate Journal

Published: August 15, 2017

"Talking to a colleague from Rome, he says the Italians see New York City as a pop-up city from all the uncertainly in the retail sector; and every day seeing another Madison Ave. storefront come onto the marketplace on a daily basis. As I travel by car around Manhattan, and throughout the other boroughs, I actually see brokers and property owners have the words “pop up” on their for rent signs too."


São Paolo, Brazil’s Rua Oscar Freire

"São Paolo, Brazil’s Rua Oscar Freire" - by Joseph Aquino

Published in: Mann Publications

Published: August 2017

"Rua Oscar Freire is São Paulo ’s high street for shopping and fashion. It runs from Alameda Casa Branca to Avenida Doutor Amaldo in the affluent Jardin District of São Paulo. It is known as the most luxurious street in the world and is considered second in the Americas behind 5th Avenue in New York.


British men’s tailor to open UES shop

"British men’s tailor to open UES shop" - by Lois Weiss July 25, 2017 | 11:23pm "

Published in: New York Post

Published: July 25, 2017

"We love good construction and celebrating those who take pride in their work product. Now, the British-based bespoke and ready-to-wear men’s tailor, Lutwyche, has taken its first shop in the US. .


Mentoring is one of the most rewarding experiences

"Mentoring is one of the most rewarding experiences" - by Joseph Aquino"

Published in: New York Real Estate Journal (NYREJ)

Published: July 4-17, 2017

"I would like to share a joyful experience with you. I have joined as a volunteer with The NYS Mentoring Program. It is a one-on-one mentoring program which was started in 1984 by Matilda Cuomo at the request of her husband, governor Mario Cuomo.


With recent tax changes in China, luxury and international retail markets are evolving 

"With recent tax changes in China, luxury and international retail markets are evolving - by Joseph Aquino"

Published in: New York Real Estate Journal (NYREJ) | Spotlights

Published: June 20, 2017

"For years luxury brands were doing tremendously well from the Chinese tourists purchasing outside of China along with the gift giving within China and then suddenly China put a halt to it and now all the luxury chains are suffering missing the monies from the Chinese marketplace. It appears poor sales has been blamedsolely on Internet sales, however I believe the problem is far more severe than just online sales." Workshop


Executive of the Month: Q&A  session with Joseph Aquino 

Executive of the Month: Question and answer session with Joseph Aquino of Joseph Aquino Commercial Real Estate Services

Published in: NYREJ

Published: May, 23, 2017

"Joseph Aquino, who runs his namesake real estate services firm, says the days of the shop-til-you drop mentality on Madison Avenue popularized by the HBO popular series of the 1990s “Sex in the City” are over.

'She was 45 and now she is 65... She isn’t shopping like she was 45' Aquino said. “We are in the phase where a lot of younger shoppers don’t want to go the high street. They sit around and buy online and that’s what we are fighting against.”


 

MANHATTAN'S THIRD AVE. RETAIL CORRIDOR IS SEEING MUCH CHANGE 

"Manhattan’s Third Ave. retail corridor is seeing much change by Joseph Aquino"

Published in: New York Real Estate Journal (NYREJ) | Front Section

Published: May 02, 2017

"There is much change going on in the 60s through 70s area of Third Ave. This very viable residential neighborhood, is showing signs of struggling retail sales, bankruptcies, sales of companies, switching brands within the company–which in some cases has caused store closures. Stores who haven’t left us have been forced to downsize like Gracious Homes, which had stores on both sides of the street along 70th and 71st Sts., and now just have a small corner presence on Third Ave. and East 70th St". 


 

Was 2016 a year for New York City trophy deals or were they just relocations?

 

"Was 2016 a year for New York City trophy deals or were they just relocations?"

Published in: New York Real Estate Journal (NYREJ) | Front Section

Published: April 14, 2017

"With the news that Ralph Lauren will be closing their Fifth Ave. flagship after only two short years, one has to analyze some of the recent transactions to conclude was 2016 a year of trophy deals or just relocations".


TIPS ON LEASING YOUR STORE

"Spring into season with surefire leasing strategy"

Published in: Real Estate Weekly | Retail

Published: March 9, 2017

"As the new season gets underway, I have some pointers on how to lease your store quickly. I wish you good luck in your efforts..."

 

Deal or No Deal: How Joseph Aquino Stays Ahead of The Market

Deal or No Deal: How Joseph Aquino Stays Ahead of The Market

Published in: Observer

Published: June 8, 2010

"We represent a lot of landlords exclusively, and when we saw the downturn coming, we saw on a global level that this was bigger than New York. So in order to react to the market, we recommended [that landlords] lower the rates. And we did this quite successfully."

 

FOR PRESS ENQUIRIES, PLEASE CONTACT: JA@JOSEPHAQUINO.COM