National Issue
The grand reopening: As restrictions lift, CRE markets race toward recovery
It wasn’t the pan-roasted halibut that drew a small crowd to Blu Mar on a recent Thursday afternoon. One...
Retail Real Estate
The Latest
National Weekend Edition
Mall short-sellers see a big payout from Nevada mall auction
A big payout has arrived for investors who shorted a retail-heavy commercial real estate debt index. A loan on...
Small retailers slip into city’s empty storefronts on the cheap
As the dust settles on the pandemic’s devastation of retail, smaller business owners are seizing on the market’s weakness....
Tri-State
Kushners fend off rival developers for NJ mall
The Kushners have reached into their pockets to fend off rival developers eyeing a mall the firm owns in...
Urban Outfitters shutters longtime store near Union Square
Most mask mandates are gone and the number of people vaccinated is up, but the pandemic isn’t over for...
Issue
Retailers rush to open in the Hamptons
Phil Zelonky has been planning to open a pop-up nightclub in the Hamptons ever since his first club, Noir, debuted in Manhattan two years ago. There’s just one issue: finding a space. As New...
Northwood buys two Soho buildings for $325M
A real estate investment firm is making a big bet on Soho. Northwood Investors has agreed to pay $325 million for a pair of mixed-use buildings in the heart of the neighborhood, the Wall...
National
Is e-commerce king? Retailers reflect on pandemic changes during earnings calls
Amid rising vaccination numbers and lifting of Covid-related capacity restrictions nationwide, landlords are eager to see shoppers return to...
Chetrit Group falls behind on Soho portfolio mortgage
Between nonpaying tenants and antsy lenders, commercial landlords have been under increasing pressure throughout the pandemic, and even a...
National
2021 is raining dollar stores
Cost-conscious consumers have gotten the attention of retailers. Nearly half of the 3,597 stores expected to open nationwide this year will be no-frills discount shops, according to a report from Coresight Research. Dollar General...