Retail pros prepare for ICSC show in Las Vegas
May 18, 2012
By: Adam Pincus
The city’s top retail landlords and brokers are making final tweaks to their appointment schedule and ironing out which parties and dinners they will attend, just two days before the official start of the world’s largest retail trade show, the International Council of Shopping Centers’ RECon in Las Vegas. ...
... The show runs from Sunday through Wednesday at the Las Vegas Convention Center. But the real work is often conducted outside the show’s halls, at the parties and dinners.
Thor Equities big poolside bash at the Encore Beach Club on Saturday is seen by insiders as the unofficial kickoff for New Yorkers making the trip to Vegas, while the New York Developers Party, poolside at the Bellagio, is seen as its conclusion on Tuesday evening. Between them there are at least two-dozen parties hosted by brokerage firms ...
... Patrick Breslin, executive vice president at Studley, said he’s noticed that some smaller retailers with properties in Queens, Brooklyn and the Bronx, who traditionally did not attend, would be making the trip this May.
“They have one or two [mixed-use] buildings. In a couple places in Queens rents are $110 [per foot] to $120 [per foot], when they had been cruising at $60 to $70 [per foot]. Now [the landlords] see there may be an opportunity,” to land a higher-paying tenant, he said. ...
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