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As workers trade in suits for sweatpants, 1 in 6 dry cleaners has closed or gone bankrupt (Getty)

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...

Pandemic takes drastic toll on dry cleaners
The second-largest movie theater operator in the U.S. is hunting for a financial lifeline (iStock)

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...

Regal Cinemas in talks for rescue deal
For many movie theaters, Covid-19, which has kept viewers at home and new releases from the screen, feels like the final curtain. (iStock)

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...

Curtains: What to do with movie theaters
Target COO John Mulligan (Getty)

Target to open 40 new stores a year; Q3 income jumps

While Amazon is adding giant fulfillment centers to satisfy online orders, Target is bulking up on smaller stores to...

Target to open 40 new stores a year; Q3 income jumps
125 West End Avenue and 450 W 126th Street (Photos via Google Maps and SLCE Architects)
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...

Staying ahead on the life science leasing curve
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