Kohan Retail Investment Group is excited to announce we have expanded our portfolio to include two stunning hotels in New York City. While hotels may seem to be a far cry from our historical purchases of shopping malls, at the heart of what we do at KRIG has always been accommodation.
We have always worked to accommodate the needs of our guests at our retail destinations, and now we are working to accommodate the needs of our guests at our new hotels. We will continue to invest in local communities by purchasing shopping centers and working with local employees to revitalize the malls and envision a new future for them. The retail landscape has changed, but many shopping malls have not. We believe the future of these large indoor spaces will be more of a hybrid of entertainment, food, and retail than the past model where retail reigned supreme. With the closing of many large anchor stores around the country in the past decade, those large spaces offer unique opportunities for venues of all different types: galas, expos, concerts, arcades, miniature golf, and others have found their homes at some of these spaces at our malls. This is a great time for businesses to consider large spaces that can be transformed into localized shops or venues at affordable prices.
Kohan Retail is extending a hand in this transformation by offering spaces to grow new businesses. It is time to innovate by reinventing and redefining retail space! To learn more contact us at (516) 708-9208 or visit our property portfolio page.