Retail Real Estate


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Charlie Kushner, Laurent Morali, Nicole Kushner with Monmouth Mall (Google Maps, Sasha Maslov, Getty)
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...

Kushners fend off rival developers for NJ mall
Urban Outfitters at 526 Avenue Of The Americas (Google Maps, Getty)

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...

Urban Outfitters shutters longtime store near Union Square
Retailers rush to open in the Hamptons
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...

Retailers rush to open in the Hamptons
President & CEO of Northwood Investors with 520 and 524 Broadway. (Getty, Google Maps)

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...

Northwood buys two Soho buildings for $325M
Joseph Chetrit with 427 and 459 (left) Broadway (Getty, Beyond My Ken/Wikimedia)

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...

Chetrit Group falls behind on Soho portfolio mortgage
Nearly half of new shops in 2021 will be dollar stores. (Getty)
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...

2021 is raining dollar stores

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