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North Point Mall in Alpharetta, Georgia (left) with Brookfield's Brian Kingston (iStock; Brookfield; Google Maps)
National

Converting empty malls to warehouses isn’t easy

As demand for e-commerce grew and large tenants like Sears closed up shop, some mall owners sought to redevelop...

Converting empty malls to warehouses isn’t easy
Before the pandemic, national tenants paid 94 percent of rent. (Getty)
National

Retail rent collections rebound to 90%

 The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...

Retail rent collections rebound to 90%
Shake Shack CEO Randy Garutti (Getty)
National

Shake Shack to add 60 new locations this year

Shake Shack has plans to shake things up. The burger chain plans to open 60 restaurants across the country...

Shake Shack to add 60 new locations this year
Walmart suspends political contributions to GOP lawmakers who opposed President-elect Joe Biden’s election certification (iStock; Getty)
National

Walmart cuts off cash to pols who opposed election certification

Walmart has ceased donations to the members of Congress who opposed President-elect Joe Biden’s election certification following the storming...

Walmart cuts off cash to pols who opposed election certification
Restaurants argue Cuomo's restrictions are unconstitutional.  (Getty)
New York

70 restaurants sue Cuomo over “Kafkaesque nightmare” of regulations

 Our Wicked Lady, which describes itself as a “bar for Brooklyn’s artist community,” has spent $10,000 retrofitting its business...

70 restaurants sue Cuomo over “Kafkaesque nightmare” of regulations
(iStock)
National

Leisure and hospitality lost 500K jobs in December

The coronavirus continued to have disparate effects on real estate in December, with some sectors continuing to shrink while...

Leisure and hospitality lost 500K jobs in December
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