New York
Barneys to make a comeback
Barneys will be back in Manhattan early next year. The luxury department store brand and legendary retailer will open a location in a Saks Fifth Avenue flagship on the fifth floor of 611 Fifth...
Retail
The Latest
National
Pandemic takes drastic toll on dry cleaners
At J’s Cleaners, business had clawed up to 40 percent of pre-pandemic levels last month. But now, with Covid-19 soaring again, that number is expected to plummet. “If this thing keeps dragging, many small...
National
Curtains: What to do with movie theaters
Even before the pandemic, Ari Benmosche realized that running his movie theater in a traditional sense wasn’t sustainable. The owner of the Lafayette Theater, a small venue in Suffern, New York, has shown the...
National
Regal Cinemas in talks for rescue deal
The parent company of Regal Cinemas, the second-largest movie theater operator in the U.S., is hunting for a financial lifeline. U.K.-based Cineworld is in talks with investors for rescue financing or debt to fund...
National
U.S. retail spending slows but still higher than last year
Americans are spending more money than they did at this time last year — and even last month —...
National
Studies suggest targeted lockdowns of restaurants, gyms, hotels to curb Covid
Going to a restaurant, gym or hotel? It may not be as safe as you’d think. A new study...
National
New York’s Covid-fueled retail apocalypse hits condo and co-op owners
As luxury stores remain shuttered, the pandemic and economic fallout are sparking a rift among owners of residential and...
Higher tax bills cometh for commercial landlords in south, west suburbs
Cook County Assessor Fritz Kaegi continues to draw the ire of commercial landlords as he released higher assessments for...
National
Hard-hit retail, restaurants, construction show big jobs gains in October
A handful of industries that have sustained the most damage from the pandemic reported the biggest job gains in...
New York Issue
Staying ahead on the life science leasing curve
Life science lease deals and building conversions have been popping up across New York City and other major commercial...
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