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I LOVE THESE STORES? NBA TO ENTER CROWDED RETAIL MARKET
The NBA will open its first retail store, "complete with a small basketball court, next September at 666 Fifth Avenue, between 52d and 53d Streets" in NYC, according to the N.Y. TIMES' Real-Estate section. The basement of the 15,000-square-foot, three-level store "will have a small court, with bleachers for special events." The building is going through a $15M renovation, but the league declined to reveal the costs of its renovation or lease terms. The store will sell licensed NBA/WNBA products, "ranging from basketballs to home furnishings." At the bottom of the 40- foot atrium is to be the court -- "the heart of the store -- surrounded by bleachers and visible from the decks above it." The NBA plans to offer "computer access to games from 50 years ago" or current ones, and the store will have TV monitors featuring "games in progress, interviews and highlights" from NBA/WNBA games (N.Y. TIMES, 11/16). -
O'S OBJECT TO ADJACENT CAMDEN ENTERTAINMENT COMPLEX
The Orioles "are considering going to court to stop" a state proposed "urban entertainment complex" adjacent to Camden Yards, according to Paul Valentine of the WASHINGTON POST. The MD Stadium Authority has proposed a privately developed 200,000-300,000-square-foot project on MD-owned land, with shops, restaurants and sports-themed entertainment. But the Orioles feel the "project would create unfair competition for team sales of tickets, food and baseball novelties" (WASHINGTON POST, 11/15).




