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Starwood loses control of another mall in default

Starwood loses control of another mall in default

Starwood Retail Partners is giving up on one of its suburban Chicago malls, handing over the keys to its...

Starwood loses control of another mall in default
The National Association of Home Builders Housing Market Index reached a record high for the second consecutive month in October 2020. (iStock)

Building up: Homebuilder confidence hits new highs

Homebuilders are feeling record levels of optimism, according to a new report. The National Association of Home Builders/Wells Fargo...

Building up: Homebuilder confidence hits new highs
San Francisco and New York (iStock)

San Francisco rents continued unprecedented slide

Rents are free-falling in the country’s most expensive market. The median monthly rate for a studio in San Francisco...

San Francisco rents continued unprecedented slide
107 Chambers Street and Allison and Frederick Thompson (Google Maps, Tribeca Health & Fitness) 

Another fitness studio in Manhattan goes belly-up

An independently owned gym in Lower Manhattan has fallen victim to Covid-19, joining a long list of businesses ravaged...

Another fitness studio in Manhattan goes belly-up
Mahnaz Zahedi pictured with her parents in 1962 (inset) and  444 E Alexander Palm Road (Getty, Zillow)

Iranian princess sells her waterfront Boca Raton home

UPDATED, Oct. 16, 12:50 p.m.: The owner of a European hotel chain bought a waterfront Boca Raton home for...

Iranian princess sells her waterfront Boca Raton home
Rodney Dangerfield and 1118 1st Avenue (Getty)

Dangerfield’s comedy club to close its doors

Dangerfield’s comedy club has closed its doors permanently, citing “untenable” financial burdens. The legendary club, which Rodney Dangerfield and...

Dangerfield’s comedy club to close its doors
Unibail-Rodamco-Westfield CEO Christophe Cuvillier and Express CEO Timothy Baxter (Getty)

Unibail-Rodamco sues Express over $30M in missed rent

Act of God? Mall operator Unibail-Rodamco-Westfield said its lease agreements with Express cover such events, and still require the...

Unibail-Rodamco sues Express over $30M in missed rent
Judge David Zuckerman (iStock)

Judge tosses landlords’ challenge to New York eviction limits

A New York state judge dismissed a challenge to eviction limits, and asserted the court’s ability to issue such...

Judge tosses landlords’ challenge to New York eviction limits
Grocery store foot traffic is down overall since the start of the pandemic (Getty)

These grocery stores saw the biggest drops in foot traffic

When governments began implementing stay-at-home orders in March, grocery stores were classified as essential businesses — but some were...

These grocery stores saw the biggest drops in foot traffic
Chicago’s once thriving office market languishes in recession (iStock)

Chicago’s once booming office market is just trying to hang on

Lisa Davidson vividly remembers the freezing temperature that numbed her toes one winter day several years ago as she...

Chicago’s once booming office market is just trying to hang on

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