COMMERCIAL OBSERVER --Seating, Article Helped Make Retail Deal of Year

A news article and a seating arrangement helped clear the way for the deal that the Real Estate Board of New York judged the most significant to the city’s real estate market in 2013, Commercial Observer has learned.

Peter Ripka of Ripco Real Estate won REBNY’s sought-after “most significant retail deal of the year” award last week for his brokering of Barneys New York’s move back to a 57,000-square-foot retail condo at 107 Seventh Avenue in Chelsea where the city staple had relocated from in 1997.

“This means a lot to me,” Mr. Ripka said after winning the award. “It’s about Manhattan; it’s a legendary company.”

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