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J.C. Penney implosion hits two New York City malls

J.C. Penney’s bankruptcy is resulting in a bloodbath for its employees and pain for its landlords. The retail chain,...

J.C. Penney implosion hits two New York City malls
Clockwise from left: Kings Plaza Shopping Center in Brooklyn, 45-18 Court Square  in Long Island City with GFP's Eric Gural, and 150-13 89th Avenue in Jamaica 

Brooklyn mall’s $487M tops outer-borough loan list

December’s largest outer-borough loans serve as an admittedly small rebuttal to the narrative of dying shopping malls. Large loans...

Brooklyn mall’s $487M tops outer-borough loan list
Kings Plaza Shopping Center and JPMorgan's Jamie Dimon 

Macerich lands nearly $500M refi for Kings Plaza Shopping Center

Retail giant Macerich has landed a $487 million refinancing for its Kings Plaza Shopping Center amid a bleak environment...

Macerich lands nearly $500M refi for Kings Plaza Shopping Center

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