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Archive for September, 2009

We are pleased to announce the newest addition to The Newbury Line

Monday, September 28th, 2009

Basiques, a French inspired boutique, by entrepreneur Sheri Falk will be opening at 172 Newbury Street this fall.  Ms. Falk is responsible for bringing well-known designer Anne Fontaine to the US.  We are pleased to welcome Basiques to The Newbury Line.

Basiques, not at Copley, not at the Prudential Center, only on The Newbury Line.

The Globe Strikes Again Part Two - Upon Further Review

Thursday, September 24th, 2009

Let’s look at this a little more closely with some data from the report…

Newbury Street rents dropped 10.7%
Rodeo Drive rents dropped 25.4%
Madison Avenue dropped 27.1%
In Chicago, East Oak Street and State Street dropped 17.6% and 14.3%, respectively
In SF, Post Street dropped 12.5%
In Washington, DC, Georgetown and Chevy Chase dropped 15.4%, and 21.4% respectively

Of all the streets Cushman & Wakefield surveyed in the report, only North Michigan Avenue (Chicago), Lincoln Road (Miami), 5th Avenue (NYC), Worth Avenue (Palm Beach) and Union Square (SF) dropped at a rate less than Newbury Street.  None of these streets posted an increase in rents.

Total street surveyed in the US 16, total streets where rent dropped at a greater rate than Newbury Street, 10. (63%)

Maybe the headline should read “Newbury Street holds up better than most retail streets”  Oops, that might be too positive to sell papers.

The Globe Strikes Again!

Thursday, September 24th, 2009

The bold headline:  Newbury Street falls out of US shopping’s Top 10

http://www.boston.com/business/ticker/2009/09/newbury_street_1.html

The text within the story…Newbury Street ranked as the 11th most expensive retail street in the United States, down one notch from 10th on last year’s list.

So this is worthy of a headline and front page coverage on Boston.com.

Just wondering if the Globe’s weather page would grab the front page if it rained after 30 days of sunshine…

Enough of the negativity…take a walk down the Street and see all of the new retailers.  Especially the retailers that you cannot find anywhere in New England other than on Newbury Street.  Ben Sherman opens their flagship store next week at 154 Newbury Street…anyone think the Globe will cover it?

Our latest arrival to The Newbury Line - continued

Thursday, September 24th, 2009

Some more hints…the first store was located in NYC and then was relocated to Houston, Texas.

On Monday we will reveal the newest retailer to join The Newbury Line!

Boston Business Journal Highlights The Newbury Line

Friday, September 18th, 2009

Thanks to Michelle Hillman of the Boston Business Journal for including The Newbury Line in her column…an excerpt appears below.

You know times are tough on Newbury Street when real estate owners take to the blogosphere and start hurling bombs at their competitors.

One landlord is taking marketing to a whole new level, for better or worse.

At first glance, The Newbury Lines Web site seems pedestrian enough it gives specs for the 22 buildings totaling 175,000 square feet on a mile stretch of Newbury Street owned by Taurus Investment Holdings and UrbanMeritage LLC. Launched in August, the site lets retailers and brokers download brochures and floor plans. It also features a blog of the same name and directs visitors to follow The Newbury Line on Twitter.

Were trying to get some more excitement back on the street, were trying to develop a following, said Mike Jammen, owner of UrbanMeritage and principal in The Newbury Line.

Thats no understatement.

The site itself is straightforward, highlighting the benefits of living and working along the so-called Newbury Line, but take a look at the blog and the gloves come off. It takes aim at the media and neighbors, and even uses the recent flooding of the Prudential Center as an opportunity for self promotion.

On the day of the Prudential Center flooding, when 2,000 people had to be evacuated and the center closed not to mention the tens of thousands of dollars in damage for its owners, Boston Properties Inc.The Newbury Line featured this post titled Prudential Center Flooding. It reads: Great time to have lunch and shop on Newbury Street! No water here … just plenty of sunshine!

Good thing no one was seriously injured during the flood.

And take this entry from Aug. 31, where the Newbury Line blogger takes a Boston Herald reporter to task for not writing a favorable news article about its recent retail leases. The post, titled Openings … Good News (Does the press care?), includes a link to the Herald article and reads, Lets see … Madewell opened in February, Pinkyotto in May, 7 For All Mankind in August, Ben Sherman and S. Kuhlman in September … and that is just on The Newbury Line. Interesting how all this positive news doesnt seem to make the newspapers. … The Newbury Line recently wrote to a Herald fashion columnist and mentioned all of these openings, which were overlooked (except for Ben Sherman, which she had the wrong address for) in her recent column that included the words Is Newbury Street Down and Out? What do you think … could she have spent a little more time researching the subject, or do people buy papers to read bad news? Ouch.

Each of the blog entries (which do not have names attached to the posts) about a new store coming to the Newbury Line ends with the tagline (Tenant name), not at Copley, not at The Prudential Center, only on The Newbury Line.

The blog also takes aim at the Boston Globes coverage in a post titled Some Good News … Shhh! Dont tell the Globe on Aug. 3 and again on Aug. 9 where a welcome entry to new readers states, Despite the belief of the Boston Globe, the death of Newbury Street has been greatly exaggerated.

Jammen admits there is definitely an intended edge to the blog because it is pretty boring reading if its just about openings.

Some hints about our new retailer coming to The Newbury Line

Tuesday, September 15th, 2009

Hint #1…This will be their only Boston area location

Hint #2…The owner/operator of this boutique is directly responsible for the United States debut of a well known designer.

More to follow…

Fashion’s Night Out Boston - Madewell 329 Newbury Street

Tuesday, September 8th, 2009

Madewell is offering 20% off jeans this Thursday to celebrate Fashion’s Night Out in Boston.

Madewell, not at Copley, not at the Prudential Center…only on The Newbury Line

Fashion’s Night Out Boston - Anthony Pino Salon 299 Newbury Street

Tuesday, September 8th, 2009

Anthony Pino Salon will be offering wine all day long and a 20% coupon for your next service there.

Anthony Pino Salon, not at Copley, not at the Prudential Center… only on The Newbury Line.

Fashion’s Night Out Boston - Axelle Fine Arts 91 Newbury Street

Tuesday, September 8th, 2009

Axelle Fine Arts will be open to 11:00 PM and will be offering a sneak preview of Fabienne Delacroix exhibit and a free poster of Boston Public Garden.  Wine to be served.

Axelle Fine Arts, not at Copley, not at the Prudential Center…only on The Newbury Line.

Fashion’s Night Out in Boston - Jari Boutique 236 Clarendon Street

Tuesday, September 8th, 2009

“Every city gal knows that we all look great by candle light, and we’ll have plenty of it… next to the bubbly and petits fours!

What else could a girl ask for… how about 20% off between 8 p.m. - 10 p.m.?”

Discount applies to all non consignment regularly priced items.

Jari Boutique, not at Copley, not at the Prudential Center, only on The Newbury Line

Urban Meritage Copyright © 2009 The Newbury Line