News

Shopping Center Today – CENTERS OF ATTENTION 2013 Bringing the Enclosed Fashion Mall Back to New York City

Mid Atlantic Real Estate Journal – Shopping Centers

When The Mall at Bay Plaza opens in the summer of 2014 it will be the first en- closed anchored fashion mall built in New York City in over 40 years. This first-class, suburban-style fashion mall will showcase over 100 national fashion stores and restaurants. Tenants such as H&M, Victoria’s Secret,... [Read More]

September 01 2013

WELCO SIGNS TWO FAIRWAY SUPERMARKET LEASES

1) 255 Greenwich Street, New York, NY Welco Realty, Inc., based in New Rochelle, New York represented Fairway Supermarkets at 255 Greenwich (Murray Hill Section), the building that had been known as 75 Park Place until it was rebranded in an effort to attract a big-box retailer. Fairway Market, which launched its first store on the Upper West Side in the 1930s, is coming... [Read More]

August 04 2013

Chain Store Age Magazine: A FASHION FIRST Mall at Bay Plaza will bring luxury in an enclosed setting to NYC

KATHERINE BOCCACCIO

When The Mall at Bay Plaza opens to the public in 2014, adjacent to the highly successful outdoor Bay Plaza Shopping Center, it will be heralded as the first enclosed fashion mall in the New York City area in nearly 40 years. That’s big news. Particularly at a time when new development has taken a back seat... [Read More]

May 06 2013

WELCO REALTY’S WELKIS Represents HomeGoods

MID ATLANTIC Real Estate Journal – Shopping Centers

EDGEWATER, NJ – HomeGoods, TJX Companies’ off-price home fashion retailer, is set to open its newest New Jersey location at Edgewater Harbor, announced Levin Management. The 24,000 sf store anchors the 100,000 sf retail component of this premier mixed-use development. Levin’s leasing representative Jake Frantzman negotiated the long-term lease. Jerry Welkis of Welco... [Read More]

March 29 2013

NEW RETAIL SUPPLY IS LIMITED, DRIVING DOWN VACANCIES

Northern and Central New Jersey Retail

The dense markets of northern and central New Jersey are showing some encouraging signs of momentum. Over the past 18 months, retailers have flocked to places like Paramus, Millburn, Wayne, Totowa, Springfield/Union, Livingston, East Hanover and Jersey City/Secaucus, to name a few. They are well aware that the major malls and retail corridors of Northern New... [Read More]

January 14 2013