National
Startup wants to bring “micro-warehouses” to vacant retail
A startup that focuses on creating last-mile fulfillment centers aims to compete with logistics giants. Fabric, which was founded...
Retail Real Estate
The Latest
Fifth Avenue will look different after Trump leaves office
President Donald Trump’s administration is coming to an end, and so too are the days of heavy security surrounding...
Hell’s Kitchen bar owner wants to sell for Bitcoin
A New York bar owner wants to sell his two Hell’s Kitchen establishments — for Bitcoin. Patrick Hughes owns...
National Weekend Edition
“Fortnite” game developer will convert mall into massive HQ
Epic Games, best known for developing the hit game “Fortnite,” is buying a mall in North Carolina with plans...
RedSky hands over Williamsburg retail portfolio valued at $145M
Embattled developer RedSky Capital has transferred ownership of a portfolio of Williamsburg retail properties in a deal valuing them...
Manhattan retail rents hit new lows
The coronavirus pandemic has undoubtedly taken a huge toll on Manhattan’s retail sector, leading to stores closing and rents dropping along even the most posh shopping corridors. But those problems were in place well...
Miami
Kushner buying sites near Delray Beach, Lake Worth for industrial and mixed-use projects
UPDATED, Jan. 7, 2:30 p.m.: Kushner Companies is expanding in South Florida, acquiring two development sites in Palm Beach...
Trader Joe’s is coming to Harlem
Trader Joe’s is coming to 125th Street in Harlem. The grocery store, known for its affordable speciality items, will open its 13th New York City location at 121 West 125th Street, according to the...
Tri-State
Macy’s to close 4 tri-state locations in next few months
Macy’s may no longer be the “way to shop” for some residents of the tri-state area. Four of the...
Struggling restaurants to get $5K lifeline from state
New York restaurants, once bustling spaces that shaped the city’s character, are in trouble. One by one, hundreds have...