Major firms are following Google’s lead and taking advantage of NYC’s weaker investment sales market to pick up prime properties to enhance their own brands.
Huntington Station retail property fetches $6.3M | Long Island Business News libn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from libn.com Daily Mail and Mail on Sunday newspapers.
Prada, LVMH, and Kering, the parent company behind Gucci, Balenciaga, and Alexander McQueen, have been buying up Fifth Avenue real estate, amidst a flagship war on the upscale shopping strip.