search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boom
New York

South Norwalk mall developer says Bloomingdale’s and Nordstrom are committed tenants

Sign Up for the undefined Newsletter

The developer of the under-construction SoNo Collection mall in South Norwalk asserted that anchor tenants Bloomingdale’s and Nordstrom are committed to maintaining their footprints, despite a dismal climate for department stores. Developer GGP has leased 65 percent of available retail space at the mall, which is scheduled to open in the fall of 2018, the Stamford Advocate reported. On a recent conference call, CEO Sandeep Mathrani was asked whether a department store could back out, according to the report, and he replied that the retailers “have dug their heels in to keep the size of the store that they have (planned) currently.” Nordstrom recently suspended plans to take the chain private and has a store planned for the Central Park Tower. [Stamford Advocate]

Tags
Westchester & Fairfield