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In The News

Publication Article Title Date
Frankfurter Allgemeine Zeitung New York Retail

Retail market trends in New York.

Nov 30, 2018
ICSC News Rents Are Getting More Reasonable For Some Of Manhattan’s Busy Streetfronts

“The rents have gotten more reasonable — it’s a fact of life,” said Faith Hope Consolo, chairman of the retail group at New York City–based Douglas Elliman Real Estate. “It’s the reason we’re seeing so much activity and so many concepts are now able to get off the ground.”

Nov 29, 2018
Real Estate Weekly New Cocktail Lounge for Harlem’s Restaurant Row

Faith Hope Consolo and Arthur Maglio at Douglas Elliman represented the pair in negotiating a 12-year lease for a 600 s/f ground-floor space with a 175 s/f storage basement in the five-story building between West 123rd and 124th Streets.

Nov 28, 2018
Real Estate Weekly In-Store Ice Rink Among Holiday Offerings Unwrapped In Big Apple

It’s that time of year again, with retailers unveiling their holiday window displays and seasonal markets setting up shop, illuminating the City streets with holiday cheer.

Nov 28, 2018
The New York Times Recent Commercial Real Estate Transactions. For Lease: 19 East 62nd Street

A 10- to 15-year lease is available for a 1,400-square-foot retail space, with 18-foot ceilings, in this five-story neo-Federal-style mixed-use townhouse in the Lenox Hill section of the Upper East Side Historic District. Brokers: Faith Hope Consolo and Corey Shuster, Douglas Elliman Real Estate.

Nov 27, 2018
Canada Live News Local Businesses Band Together for Small Business Saturday

When you walk the streets, you see vacancies on every block in all five boroughs, rich or poor areas — even on Madison Avenue, where you used to have to fight to get space, said Faith Hope Consolo, head of retail leasing for Douglas Elliman Real Estate, who said the increase in storefront vacancies in New York City had created the most challenging retail landscape in my 25 years in real estate.

Nov 24, 2018
Luxury Briefing Retail Property New York

On Madison Avenue, the Barcelona-based wedding dress designer Pronovias has taken a second midtown spot at 45 East 58th Street between Madison and Park Avenues.

Nov 21, 2018
New York Magazine Intelligencer: The Top Line- There Is No Crisis of Retail Vacancy in Manhattan

New York, for nearly 400 years, has operated on change. Ossifying our retail landscape isn’t in line with our spirit as a city.

Nov 20, 2018
NYREJ Spotlights: Next Stop Holiday – Get Into The Spirit Of The Season, Start Planning For The Most Wonderful Time Of Year!

The holiday retail season looks to be another bright one thanks to a healthy economy and strong consumer confidence. Shoppers seek sales, quality and selection, free shipping and in-store customer service and guidance.

Nov 20, 2018
Arch 20 Zaha Hadid Might Redesign New York’s Fifth Ave. Into a Vertical Mall

The building was purchased by Vornado Realty in 2006 a staggering $1.8 billion.With this high-rise investment in Midtown Manhattan, no less than 50-yards of high-end retail will be added to the world’s most expensive corridor. So far, the “vertical mall” proved to be a success for New York, as Faith Hope Consolo, chairman of Douglas Elliman Retail mentioned.

Nov 19, 2018
Fashion Flame Building the WeWork of Fashion

Landlords are increasingly open to shared retail spaces and more-flexible arrangements, said Faith Hope Consolo, retail chairman at real estate company Douglas Elliman.

Nov 16, 2018
Business Of Fashion Building the WeWork of Fashion

Landlords are increasingly open to shared retail spaces and more-flexible arrangements, said Faith Hope Consolo, retail chairman at real estate company Douglas Elliman.

Nov 16, 2018
Total Food Service Food on the Move- A Guide to NYC Food Trucks

Food trucks offer globe-trotting bites on four wheels, creating their own unique restaurant category, with a combination of quality, creativity, and value with speed and convenience. Grab some street-side cuisine from all the best mobile eateries in NYC.

Nov 15, 2018
WWD 57th Street in Transition as Nordstrom, Chanel, Zegna Put Stakes in the Ground

“For the first time in a very long time, I feel good about West 57th Street,” Consolo added. “It has the possibility to become a real strong shopping street. There’s energy. It’s going to fill in from Fifth to Eighth.”

Nov 15, 2018
Unity Marketing Uptown, Downtown: NYC's Changing Luxury Landscape

What’s behind all the empty storefronts in New York City? Faith Hope Consolo, head of retail leasing for Douglas Elliman Real Estate, told the New York Times, “When you walk the streets, you see vacancies on every block in all five boroughs, rich or poor areas – even on Madison Avenue, where you used to have to fight to get space.”

Nov 15, 2018
Record TV 20% Of New York Commercial Real Estate Is Vacant

Experts say that the owners of the real estate will only be able find new tenants if they reduce the prices. To watch the full content, go to: http://recordtv.r7.com/fala-brasil/videos/20-dos-imoveis-comerciais-de-nova-york-estao-fechados-15112018.

Nov 15, 2018
Town & Country What Happened at the Dramatists Guild Foundation Gala

Some of theater’s brightest stars, including Stephen Schwartz, Theresa Rebeck, Jason Butler Harner, Duncan Sheik, and Kate Baldwin,were on hand for The Dramatists Guild Foundation sixth annual DGF Gala on November 12 at New York City’s Manhattan Center. The evening, which honored Sheldon Harnick, John Demsey, and Faith Hope Consolo for their support of emerging writers and creators, lived up to its theme of “First Look” and featured performances of musical numbers from new and soon-to-open shows including Be More Chill,Jagged Little Pill,and The Secret Life of Bees.

Nov 13, 2018
Broadway World Kate Baldwin, Alan Cumming & More Honor Sheldon Harnick at the DGF Gala

2018 DGF Honorees included three-time Tony Award and Pulitzer Prize-winning writer, lyricist and composer Sheldon Harnick and two esteemed patrons of the arts: Estée Lauder Companies' Executive Group President John Demsey and Chairman of Douglas Elliman's Retail Group Faith Hope Consolo.

Nov 13, 2018
Broadway.com Kate Baldwin, Alan Cumming & More Step Out for the 2018 Dramatists Guild Foundation Gala

This year's honorees include Tony-winning composer Sheldon Harnick, John Demsey of Estée Lauder and Faith Hope Consolo of Douglas Elliman’s Retail Group. With appearances from Tony winner Alan Cumming and Mean Girls star Kyle Selig, there were also performances from upcoming Broadway Shows.

Nov 13, 2018
World Liberty TV The Dramatists Guild Foundation (DGF) Gala-2018

“Queen Of Retail” Faith Hope Consolo  Honored by The Dramatists Guild Foundation. Estée Lauder Companies’ Executive Group President John Demsey and Writer, Lyricist and Composer Sheldon Harnick to Receive  Additional 2018 Honors.

Nov 13, 2018
Playbill Special Features: George Salazar, Kate Baldwin, Sheldon Harnick, and More Celebrate the Dramatists Guild Foundation

Honoring Tony-winning lyricist Sheldon Harnick, Estée Lauder Companies’ Executive Group President John Demsey, and Chairman of Douglas Elliman’s Retail Group Faith Hope Consolo, the sixth annual gala celebrate the continued support of emerging writers and creators in theatre.

Nov 13, 2018
Dramatists Guild Foundation DGF Gala - November 12th, 2018

Join us in honoring Chairman of The Retail Group at Douglas Elliman Real Estate, Faith Hope Consolo, for her longtime support of the American theater at the annual Dramatists Guild Foundation Gala on Monday, November 12th.

Nov 12, 2018
Playbill Kate Baldwin Hosts Dramatists Guild Foundation Gala Honoring Fiddler Creator Sheldon Harnick November 12

The evening also shines a light on two patrons of thearts: Estée Lauder Companies’ Executive Group President John Demsey andChairman of Douglas Elliman’s Retail Group Faith Hope Consolo.

Nov 12, 2018
Connect Media Connect Media Announces the Winners of Our 2018 Annual Women in Real Estate Awards

We chose 50 inspirational women who play important roles in our industry — because of their talent, drive and fresh ideas. 

Award Winner, New York: Faith Hope Consolo.

Nov 09, 2018
Footwear News Should NYC Landlords Take a Gamble on Short-Term Leases for Retailers

Faith Hope Consolo, chairman of the retail leasing, marketing and sales division at Douglas Elliman, acknowledges the difficulty oft he downtown market. “Soho, which has been known as the epicenter of luxury boutiques with a real European panache, has unfortunately gained a new reputation for its retail vacancies that are on the rise due to skyrocketing rents and online competition,” Consolo said.

Nov 09, 2018
Real Estate Weekly Retail: Food Halls The WeWork of Restaurant Biz, Says Celebrity Chef Todd English

“It’s sometimes hard to define the true food hall and what is the food hall of today and the food hall of the future,” Consolo said. “I think it’s hard to define and you really have to understand the concept.”

Nov 07, 2018
NYREJ Four Real Estate Industry Leaders Honored at CREW New York 40th Anniversary Gala

CREW (Commercial Real Estate Women) New York celebrated the 40th anniversary of its founding as the first association for women real estate professionals in the U.S. with a sold-out gala held at the Deco-inspired Edison Ballroom in midtown. 

Nov 06, 2018
ICSC News Brookfield Jazzes Up Retail on New York City’s Bleecker Street

“The next generation of shoppers are more discerning about what they buy, where it comes from, what is used to make [the products] and who is making them,” said Consolo. “And Brookfield knows this.”

Nov 05, 2018
Commercial Observer What Is the Real Vacancy Rate for Manhattan Storefronts? Not 20 Percent !

There’s just one problem: no one actually knows how many storefronts are empty, either in Manhattan or elsewhere in the five boroughs.

Nov 05, 2018
NYC.com Dramatists Guild Foundation Hosts 2018 DGF Gala

Writer, Lyricist and Composer Sheldon Harnick, Estée Lauder Companies’ Executive Group President John Demsey & Chairman of Douglas Elliman’s Retail Group Faith Hope Consolo to Receive 2018 Honors.

Nov 02, 2018
THE FAITH CONSOLO  TEAM

THE FAITH CONSOLO TEAM

At Douglas Elliman Real Estate


575 Madison Ave

New York, NY 10022

Office: 212.418.2000

Mobile: 917.846.2407

 

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