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Photo Illustration of Urban Edge CEO Jeff Olson and Sunrise Mall in Massapequa, NY. (Getty, Urban Edge)
Tri-State

Unibail-Rodamco-Westfield sells Long Island mall for $29.7M

 A 1.2 million-square-foot mall in Massapequa, New York, is under new ownership. Retail REIT Urban Edge Properties announced that...

Unibail-Rodamco-Westfield sells Long Island mall for $29.7M
Empty offices, shut down retail stores, closing restaurants and literal fires are among the biggest real estate disasters of 2020. (Getty)
National

Worst of the worst: The real estate disasters of 2020

 Vacant offices. Shuttered restaurants. Empty hotels. The pressure on real estate was relentless this year as the pandemic took...

Worst of the worst: The real estate disasters of 2020
Half of U.S. states will be raising the minimum wage in 2021 (Getty Images; iStock)
National

Minimum wage to be raised in half of US states in 2021

After a challenging year for retailers and restaurants, many will have to up their workers’ pay in 2021. Next...

Minimum wage to be raised in half of US states in 2021
Clockwise from left: 475 Clermont Avenue, 5200 1st Avenue and 445 Albee Square West in Brooklyn (Google Maps; StreetEasy)

Here are Brooklyn’s top retail leases of 2020

With Manhattan in dismay, Brooklyn came to play. With more people staying home in the outer boroughs this year,...

Here are Brooklyn’s top retail leases of 2020
Gov. Andrew Cuomo (Getty; Google Maps)

Lawsuits pile up against Cuomo’s indoor dining ban

Two new lawsuits have been filed against Gov. Andrew Cuomo, alleging that the ongoing ban on indoor dining in...

Lawsuits pile up against Cuomo’s indoor dining ban
(Photo illustration by The Real Deal)

Here are Manhattan’s priciest retail leases of 2020

This year’s most lucrative retail leases look different from the usual Manhattan fare. Generally an apparel or beauty store...

Here are Manhattan’s priciest retail leases of 2020
Restaurants Layoff Staff to Stay Afloat (Getty)

Restaurants layoffs piling up since dining shutdown

When Gov. Andrew Cuomo shut down indoor dining again, restaurants started handing out pink slips. Again. At least five...

Restaurants layoffs piling up since dining shutdown
The biggest losses were in Manhattan, which accounted for 520 out of 1,057 closures (Getty)

1 of every 7 chain stores in NYC closed this year

It’s not just small businesses and mom-and-pops that are hurting in 2020: Chain stores are also shuttering at a...

1 of every 7 chain stores in NYC closed this year
561 Pacific Street and Adam America's Omri Sachs (Photos via 561 Pacific; Adam America)

Organic supermarket coming to Boerum Hill

Downtown Organic Market has signed a lease at 561 Pacific in Boerum Hill. The high-end grocer will occupy 6,150 square feet along Fourth Avenue, at the base of Adam America Real Estate’s 62-unit condominium...

Organic supermarket coming to Boerum Hill

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