Here’s what to expect at ICSC’s 2019 NYC event
These are confusing times for retail in New York City, with major store openings and an uptick in leasing...
Retail Real Estate
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Fairway-anchored Bergen Beach shopping center sells for $85M
A real estate investment trust has purchased a Fairway Market-anchored shopping center in southeast Brooklyn for $85 million. Federal...
Trump Organization sues Dean & DeLuca over rent defaults
Add a lawsuit from the Trump Organization to the litany of problems facing Dean & DeLuca. President Donald Trump’s...
For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead
When South Korean immigrants Jin Sook and Do Won Chang landed at Los Angeles International Airport in 1981, they had nothing. The couple eventually...
Lawsuit: Pet Smart’s animal excrement is stinking up this $11K-a-month apartment
When a family agreed to pay $11,000 a month for an apartment at 10 Madison Square West in 2017,...
These were the top 10 NYC retail leases in July
July was a good month for New York City’s restaurant scene with food halls, dumpling houses and ramen shops...
The worst stocks you can buy? Retail. And for many, it isn’t getting better.
The first half of 2019 was gruesome for traditional retailers. And if the first few days of July are...
US landlords say Topshop owner is freezing them out amid bankruptcy
An obscure UK process known as “company voluntary arrangement” is the heart of a legal dispute involving a group...
Bringing the band back together: Eddie Lampert to buy Sears Hometown and Outlet Stores
Seven years after Sears spun off its outlet stores into a separate company, controversial former CEO Eddie Lampert wants...
Bumble’s going brick-and-mortar
Amid the war on brick-and-mortar, Bumble is bucking the trend. Two years after experimenting with its first pop-up shop in Soho, the dating app is opening a permanent cafe in the same neighborhood. The...