Swarovski to shine at forthcoming Fifth Ave flagship
Swarovski is ready to shine bright like a diamond at a new flagship store on Fifth Avenue. The crystal...
Retail Real Estate
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National
A metaverse convert: Proptech Swivel pivots business to virtual worlds
True to its name, Austin-based proptech firm Swivel is about to pull a major one-eighty. The company, which creates...
National
Medical tenants are just what the retail doctor ordered
The doctor will see you now — but your appointment might not be where you expect. Landlords are filling...
More multifamily deals coming, Tony Malkin says
Empire State Realty Trust’s unexpected move into the apartment business, it turns out, was only the beginning of its...
Steve Roth: NYC retail might never fully recover
New York’s high-street retail landlords might never again collect the astronomical rents of the pre-pandemic era, Vornado Realty Trust’s...
BFC’s Empire Outlets on Staten Island enters foreclosure
Empire Outlets, the ambitious mall on Staten Island, is itself headed for the discount rack. Its developer, Donald Capoccia...
Feasting on leftovers: Restaurants snap up fancy digs abandoned during pandemic
The former Hakkasan restaurant space just off Times Square has so much marble, it could compete on Instagram with...
Gucci’s Soho location sold to offshore buyer for $130M
UPDATE 2/2/22 6:04 PM: Nothing’s cheap at Gucci, but now we know how much it would cost to buy...
National
Startup LEX raises $15M to “take buildings public”
LEX, a commercial real estate securities marketplace, raised $15 million in Series A funding to “take buildings public.” Direct...
National
These boots are made for lending
A Texas cowboy-boot maker is betting its stores will walk all over US retail. Austin-based company Tecovas raised $56 million to expand its brand, the Austin American-Statesman reported. Much of that expansion will involve...