Americana Manhasset is an upscale, open-air shopping center located in Manhasset, New York. The center is conveniently located along a stretch of Northern Boulevard commonly referred to as the Miracle Mile of Manhasset.
The Property was acquired in 2007, and then re-positioned to take its current form as one of the nation’s most respected, and profitable outdoor shopping destinations. Richard spearheaded one of the key, early victories for the turn-around of the shopping center by signing Apple to a long-term lease in the plaza. After 3 years of ownership NOI increased by 3.25x, allowing for a refinancing that returned the initial acquisition deposit, and generating a 100+% cash on cash return.
As one of Long Island’s most luxurious shopping malls, the Americana Manhasset now includes world-renowned restaurants, such as Toku Modern Asian Restaurant and Cipollini Trattoria, along with more than 60 of the world’s most recognized fashion boutiques, including Hermès, Cartier, Bottega Veneta, Chanel, Fendi, Gucci, Louis Vuitton, Celine, Tiffany & Co. and Prada.
In addition to premier fashion and luxury boutiques, the Americana Manhasset is also home to Whole Foods, Crate & Barrel and Barnes & Noble, to name a few.
From the mind of master architect Peter Marino with gardens designed by Oheme van Sweden, Americana Manhasset is a beautiful place to not only shop, but to take a walk and spend the day. As a shopping and dining destination, Manhasset attracts affluent shoppers from all across Long Island, New York City, Westchester, Connecticut and beyond.