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Retail Deals of the Year

The most ingenious and significant retail real estate deals in 2016 were recognized at the Real Estate Board of New York’s 19th Annual Retail Deal of the Year Cocktail Party, held June 14.

Joanne Podell, executive vice chairman at Cushman & Wakefield, won ‘The Most Ingenious Retail Deal of the Year’ prize for a 70,000-square-foot transaction to relocate Nike’s flagship store, Niketown, to 650 Fifth Avenue.

Kenji R. Ota, executive director at Cushman & Wakefield, won ‘The Most Significant Retail Deal of the Year’ for bringing the National Football League and Cirque du Soleil together for a 40,000-square-foot retail lease spanning four floors of “experiential retail” at The Witkoff Group’s new development at 701 Seventh Avenue, also known as 20 Times Square.

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