REAL ESTATE

Covo Trattoria to Hamilton Heights in NYC

BY Michael Fickes

New York — Covo Trattoria has leased restaurant space at 3660 Broadway at the intersection with West 151st Street, a prominent corner in the Hamilton Heights district of Upper Manhattan. The space includes 1,500 sq. ft. on the ground floor and a full basement. Covo Trattoria anticipates opening in the spring.

The eatery has two existing locations in West Harem. At the Hamilton Heights location, Covo Trattoria will join neighbors The Grange, The Chipped Cup, Harlem Public and The Heights Tavern.

New Street Realty Advisors www.newstreetra.com represented Covo Restaurant Group in the transaction and dealt directly with the landlord, BSD Equities.

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REAL ESTATE

David Yurman opens in Westfield Topanga

BY Staff Writer

New York — David Yurman, a fine jewelry and timepiece designer, has opened a store at Westfield Topanga in Canoga Park, Calif.

Conceptualized by architectural firm of Gabellini Sheppard Associates, the flowing 1,403-sq.-ft. store features classically modern architecture. Every element of the interior reflects the brand’s luxurious yet relaxed aesthetic.

The boutique will carry David Yurman’s classic collections, including gold and sterling silver designs for women, men, and children; timepieces; special one-of-a-kind designs; limited-edition fine jewelry; and engagement rings and wedding bands.

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Kmart to close two Philadelphia stores

BY Marianne Wilson

New York — Kmart will shutter two locations in the Philadelphia area this spring, Philadelphia Business Journal said. The locations, at The Gallery and at 900 Orthodox St., will close in late April.

“Store closures are part of a series of actions we’re taking to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model. These actions will better enable us to focus our investments on serving our customers and members through integrated retail — at the store, online and in the home,” said Kmart spokesman Howard Riefs in an email to the Philadelphia Business Journal.

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