This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Commercial Real Estate Advisor Newmark Grubb Knight Frank Lures Top Retail Expert Jay Luchs With Innovative Retail Platform

Stocks in this article: BGCP

LOS ANGELES, March 6, 2013 /PRNewswire/ -- The newest design for Jay Luchs isn't Chanel or Hermes, it's Newmark Grubb Knight Frank (NGKF). A leading national retail expert who specializes in serving the high-end fashion houses as well as the entertainment industry, Mr. Luchs is joining NGKF's burgeoning retail division under Neal Golden to cater to the firm's significantly growing roster of national and international retail clients. A bicoastal advisor, he will work closely with Jeffrey D. Roseman, who has spearheaded the retail group in New York and grown it to its No. 1 position.

(Logo:  http://photos.prnewswire.com/prnh/20120821/MM60819LOGO )

"Name any fashion house and bets are very good that Jay has had a hand in assisting that company," said Mr. Golden, the U.S. head of NGKF's Hospitality, Consumer and Retail Innovations group. "To say that he is well-connected is an understatement."

Mr. Luchs has been involved with some of the most prominent leasing and sales deals in Los Angeles in the last decade, and represents runway royalty: LVMH brands Celine, Louis Vuitton and Christian Dior, as well as Lanvin, Missoni, Isabel Marant and Bottega Veneta, among others. Just prior to joining NGKF, he negotiated the $85 million sale of 319-323 North Rodeo Drive in Beverly Hills to LVMH Moet Hennessy Louis Vuitton SA, representing both buyer and seller.

Mr. Luchs resume of representing the who's who of international fashion kicked off when he spotted a vacant corner space on Rodeo Drive and Santa Monica Blvd in 2003. The former Tommy Hilfiger store sat empty for three years on L.A.'s most prominent shopping boulevard. He went after the listing and was hired to sublease the space on behalf of Tommy Hilfiger, and quickly leased it to Brooks Brothers. Mr. Luchs has since come to dominate retail leasing in L.A.'s most highly sought after areas, whether its Rodeo Drive, the Melrose Avenue corridor, Brentwood or Malibu.

"That's how I got my start in representing fashion brands," he says now, looking back.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs