Uniqlo finalizes $160M buy of its flagship at 546 Broadway
Uniqlo’s deal with AB & Sons to buy its New York City flagship has been set in stone. Records...
Retail
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National
Sam Nazarian’s food venture expands to Saudi Arabia in $100M JV
Sam Nazarian’s food empire is expanding to Saudi Arabia through a joint venture, valued at $100 million, with global...
Westfield sues Victoria’s Secret over WTC mall location
For years, Unibail-Rodamco-Westfield has been engaged in a legal dispute with Victoria’s Secret over its Westfield World Trade Center...
NYCHA’s vacant retail spaces leave experts confused
New York City’s massive public housing system includes nearly 170,000 apartments serving more than 350,000 people — or 1...
National
Starved for relief: Restaurants seek $76B, far more than budgeted
The Small Business Administration is dishing out rent relief to restaurants, but many figure to go hungry. The demand...
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...
Tri-State
Physical therapy business takes 12K sf in Stamford
Advanced Therapy and Performance has signed a lease for 12,060 square feet at a Simone Development property in Stamford,...
Uniqlo buys 546 Broadway from Isaac Chetrit
Japanese retailer Uniqlo has sewed up a deal to buy its New York City flagship. The popular clothing brand reportedly paid AB & Sons — the firm led by Isaac, Eli and Abraham Chetrit...
What is the future of Times Square?
An iconic Times Square building is largely empty. One Times Square was once the home of The New York Times, and today is the site of the annual New Year’s Eve ball drop. But...
National
Ashkenazy’s D.C. Union Station loan in default after missing deferred payment
During the pre-coronavirus “retail apocalypse,” retail properties centered around transit hubs were seen as one of the few bright...