Barneys’ flagship Madison Avenue spot will stay open — but with a smaller footprint
Barneys New York’s iconic location on Madison Avenue will stay open for at least the next 12 months —...
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Ben Shaoul uses Bitcoin to sell retail condo for $15M
Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose firm...
It’s over for Barneys: Luxury retailer to be sold, stores closed
It’s official: Barneys will be sold to Authentic Brands Group and B. Riley for about $270 million. The deal,...
Barneys creditors push plan to salvage the company
Barneys’ creditors are still holding out hope that an underdog bidder will keep the iconic luxury retailer’s doors open....
Vornado slashes Forever 21’s rent, dimming 2020 outlook
Another quarter, another Vornado retail tenant bankruptcy. After facing the abrupt closure of two Topshop stores in New York...
Acadia plows ahead with $122M retail investment in Soho
UPDATE, Monday, Oct. 28, 2019, 2:45 p.m.: Soho has been one of Manhattan’s more troubled retail corridors in recent...
Victoria’s Secret sues WTC landlord amid store closures and layoffs
Embattled lingerie chain Victoria’s Secret is baring its knuckles for a fight with its landlord. As the company copes...
WeWork founder scrambled for $100M loan before $1.7B bailout
As WeWork hustled to secure a rescue package, its former CEO was under intense pressure to shore up his...
Retail ruh-roh: Mall REITs take hit following Forever 21 bankruptcy
Fast-fashion retailer Forever 21’s bankruptcy filing earlier this week did not help the stock prices of the top mall...
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...
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