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Sasha Jones






    Before the pandemic, national tenants paid 94 percent of rent. (Getty)

    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%
    Joseph Moinian and the NBA Store at 545 Fifth Ave. (Google Maps, iStock)
    New York

    NBA owes Moinian $7.5M in rent for Fifth Ave store

    UPDATED, Jan. 15 2020, 4:15 p.m.: Talk about a foul: The NBA Store at 545 Fifth Avenue, which has...

    NBA owes Moinian $7.5M in rent for Fifth Ave store
    Home prices’ 12-month gain hit a six-year high in October. (iStock)

    Home prices hit fastest growth in six years

    Home prices continued to surge in October, new data show. Prices were up 8.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller index tracking the housing market in major metropolitan areas. Their 12-month gain...

    Home prices hit fastest growth in six years
    David Simon of Simon Property Group and Robert Taubman of Taubman Centers (Getty, iStock)

    Simon completes acquisition of high-end mall owner Taubman

    After a tumultuous process, Simon Property Group has completed its acquisition of Taubman Realty Group. Under the merger agreement,...

    Simon completes acquisition of high-end mall owner Taubman
    203 Sheridan Road (Redfin)
    Chicago

    Here are Chicago’s priciest residential sales of 2020

    The pandemic pushed many Chicago luxury buyers out of the city and into the burbs, as five of the...

    Here are Chicago’s priciest residential sales of 2020
    Donald Trump's childhood home in Queens (Paramount Realty, Getty)

    Trump GoFundMe update: $6K raised, $2.994M to go

    A fundraiser seeking to raise $3 million to buy President Donald Trump’s childhood home has received thousands of dollars...

    Trump GoFundMe update: $6K raised, $2.994M to go
    Simon Property Group CEO David Simon

    Simon execs celebrate pandemic’s end by ending pay cuts

    The first Covid-19 vaccines are being distributed across the United States, and Simon Property Group is celebrating by reinstating...

    Simon execs celebrate pandemic’s end by ending pay cuts
    1201 Eastlake Avenue E in Seattle, one of the three buildings in the sale. (Martin Development Services)
    Weekend Edition

    Life sciences deal is Washington state’s largest sale ever

     The largest sale ever recorded in Washington state has closed — and it’s for three life sciences buildings. The...

    Life sciences deal is Washington state’s largest sale ever
    (iStock)

    These 10 retailers plan the largest expansions

    To say 2020 has been a tough year for retailers would be an understatement. In June, it was projected...

    These 10 retailers plan the largest expansions
    David Swerdloff and his father (left) with 124 7th Avenue (Phots via David Swerdloff; Google Maps)

    Inside the plight of a small retail landlord

    David Swerdloff is a far cry from what many picture a Manhattan commercial landlord to be. The 75-year-old owns...

    Inside the plight of a small retail landlord

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