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Prospects for retail development in Lower Manhattan appear to be mixed, according to real estate executives.
A turning point; mascot for retail development marks the arrival of CATIA computer software at Gehry's office.
"We've been very proactive," said Richard Pesin, senior vice president for retail development with Forest City Ratner.
The top five most active cities in the world for retail development – all in China – each plan more than 20 new shopping malls.
Those buildings were demolished in the mid- and late 1980's to make way for retail development, although the plans were canceled during the recession of the early 1990's.
Community leaders and developers hope that Mr. Clinton's move to Harlem will stimulate a demand for office space, as the Walt Disney Company's 1996 decision to open a store on 125th Street did for retail development.
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Because New Jersey is so built up, especially in the northern part of the state, and new sites for retail developments are so limited, existing shopping centers are expected to increase in value continually, market specialists say.
A group of them had considered pooling money and paying for private security guards, said Jennifer Joyce, the executive director of retail development for the Association of Community Employment Programs for the Homeless, which runs the SoHo Partnership.
The complaint said Mr. Kruger last year tried to help a developer and client of Mr. Lipsky's — not named but easily recognizable as Forest City Ratner — to obtain money for three projects: $9 million for the Carlton Avenue Bridge, $2 million for a retail development in Mill Basin and $4 million for the renovation of the skating rink in Prospect Park.
In the area south of the planned new court buildings, Mr. Freimuth said, some dilapidated buildings will be cleared for new retail development -- although no developers have made commitments.
(She became the general manager for the Smart brand in this country in July after serving as general manager for strategic retail development at Mercedes-Benz USA). Mercedes-Benz USA
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