Commercial Real Estate

Dollar General CEO Todd Vasos (Retail Industry Leaders Association, iStock)
National

Dollar General thrives amid retail apocalypse

Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050 new stores this year,...

Dollar General thrives amid retail apocalypse
Bill Lee (Lee & Associates/YouTube)
National

Lee & Associates founder Bill Lee dies

Bill Lee, who founded the commercial real estate brokerage Lee & Associates, died on April 5 at the age of 78. His eponymous firm confirmed the news via an obituary on its website. The...

Lee & Associates founder Bill Lee dies
Soho House founders Nick Jones and Ron Burkle (Getty)

Soho House files confidentially to go public

Soho House is once again taking steps to go public. The exclusive members-only club this week submitted a confidential...

Soho House files confidentially to go public
The Wonder Wheel in Coney Island (Getty)

Coney Island Wonder Wheel reopens

An excursion synonymous with summer in New York City is back. Coney Island’s iconic amusement park will reopen today as its famous Wonder Wheel starts turning, the Brooklyn Paper reported. “It’s exciting, but at...

Coney Island Wonder Wheel reopens
(Getty, iStock)
National

McDonald’s to shutter hundreds of Walmart outposts

As fast-food restaurants with drive-throughs have gained popularity, those without have waned. Now, McDonald’s is planning to close hundreds...

McDonald’s to shutter hundreds of Walmart outposts
The vacancy rate for regional and superregional malls is at an all-time high.  (Getty)
National

Mall vacancy rate hits all-time high

It’s not just office and residential landlords who need to worry about soaring vacancy rates. The vacancy rate for regional and superregional malls hit 11.4 percent in the first quarter of 2021, the highest...

Mall vacancy rate hits all-time high
Rudin Management’s Michael Rudin and Industrious’ Justin Stewart with 32 Sixth Avenue in Tribeca (Rudin, Industrious, Google Maps)

Rudin teams up with Industrious for flex-office play

The Rudin family is experimenting with flex-office spaces at one of its Manhattan properties. The family real estate firm...

Rudin teams up with Industrious for flex-office play

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