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New York & Tri-State  + Outer  + Retail  |  June 19, 2023
Emily Fu
By: Emily Fu

Infinity Real Estate Sells Staten Island Shopping Center 

An affiliate of Raymour & Flanigan has acquired Richmond Plaza, a shopping center in Staten Island, from Infinity Real Estate, an NYC-based real estate subsidiary of Infinity Collective. 

Located at 2505-2535 Richmond Avenue, the 77,000 square feet property is anchored by Dick’s Sporting Goods, Starbucks, and Vitamin Shoppe. The buyer plans to occupy the former Staples location.  

Infinity Real Estate acquired the property in 2020, implemented a value-add strategy that included securing long-term tenancy with Dick’s Sporting Goods, expanding their lease, and improving traffic circulation through the addition of new curb cuts. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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