Insights from the Real Deal

Brokers anticipate a rise in foreign companies opening their first retail stores in New York City in 2011, increasing from the approximately dozen that debuted this year. "Australia is starting to look like a good training ground now," Faith Hope Consolo, Chairman of Retail Leasing, Marketing and Sales at Prudential Douglas Elliman, said, with companies such as clothing chain Cotton On, based there, considering a move here.