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National Cheat Sheet: Compass to license its tech, WeWork goes vegetarian … & more
July 20, 2018 08:45AM
Non-core market real estate firms can now license Compass’ technology Compass has started to offer its technology to other real estate firms, starting with...
Gap sues Westfield for alleged overcharges at more than 2 dozen malls
July 18, 2018 08:30AM
Gap is dragging its landlord Westfield into court over disputed common charges — a disagreement that could become more common amid the tough retail environment....
Here’s who’s buying Australian developer Westfield and what it means for malls
May 06, 2018 04:18PM
Westfield’s soon-to-be buyer, Unibail-Rodamco, is making moves on American shopping malls. The European retailer owns a $52 billion portfolio in Europe and, once the...
Westfield makes leadership change at WTC mall following departure of key executive
February 14, 2018 01:25PM
As Westfield prepares for its $16 billion sale, there’s been a change in leadership at its challenged flagship mall development at the World Trade...
Could Unibail’s Westfield deal pressure Simon Property Group to make a big buy?
December 20, 2017 07:00AM
UPDATED, Dec 22, 9:54 a.m.: Unibail-Rodamco’s $15.7 billion bid to buy Westfield Corp. has the market buzzing about whether or not Simon Property Group will...
Why the family behind Westfield moved to sell, not hand down empire
December 19, 2017 11:25AM
The Lowy family that built Westfield Corporation into one of the biggest mall owners across the globe looks like a real estate dynasty in...
European retail giant to take over Westfield for $15.7B
December 12, 2017 10:30AM
Westfield Corp., the operator of the World Trade Center mall in Lower Manhattan, Garden State Plaza in Northern New Jersey and several upscale shopping...
Coffee chain Fika’s fraud claim against Westfield can proceed: judge
September 21, 2017 08:35AM
Westfield hasn’t been shy about going after retail tenants who never moved into its World Trade Center shopping center. But a judge now says...
Why a prime stretch of Westfield’s WTC mall will be empty for another year
August 07, 2017 09:00AM
A prime stretch of retail at the $1.5 billion mall at the World Trade Center isn’t expected to be handed over to Westfield Corp....
WATCH: NYC real estate’s week in numbers
June 09, 2017 03:40PM
One year at Rikers Island, $3.6 million spent on lobbying, and $500 million in refinancing at 731 Lexington Avenue. In real estate, it’s all about the numbers. This past...
Empty storefronts plague Westfield’s WTC mall nearly 1 year after grand opening
June 06, 2017 01:30PM
Over the Memorial Day weekend, the World Trade Center mall buzzed with tourists who crowded its stairs and peered up from the floor of the...
WATCH: NYC real estate’s week in numbers
September 23, 2016 06:20PM
A $24 million price chop, 20 million square feet of office space and $885 million in Chinese capital fleeing the country — in real estate, it’s all...
Westfield sues yet another WTC mall tenant for not moving in
September 22, 2016 03:00PM
Westfield is suing a fifth retail tenant for not taking space at the shopping complex at the World Trade Center. The Australian real estate...
Bebe countersues Westfield for $10M
September 14, 2016 03:00PM
Chava Gourarie and Rich Bockmann
Fashion retailer Bebe is suing Westfield for $10 million, joining other tenants who have punched back after the World Trade Center shopping complex landlord...
A sense of déjà vu
September 11, 2016 04:00PM
From Luxury Listings NYC: The most important retailer to open in the Westfield shopping center in the World Trade Center is, no doubt, the...
The fourth wall: Westfield hires Broadway producer to bring sizzle to the mall
September 02, 2016 09:24AM
Westfield Corp is hoping a slick Broadway producer can create buzzworthy events to lure picky customers to its growing collection of malls.
Westfield opens WTC mall, but closed storefronts abound
August 16, 2016 06:10PM
Konrad Putzier and Gloria Tso
The World Trade Center’s new retail complex officially opened on Tuesday, but visitors didn’t find all that many open stores. Out of roughly 100...
Why the WTC mall could look like a ghost town on opening day
July 25, 2016 07:00AM
When Westfield Corp. signed a deal in 2012 to create a glistening new shopping center in the belly of Santiago Calatrava’s $4 billion World...
Bebe’s day out: Westfield alleges retailer refuses to take WTC space
July 18, 2016 07:01PM
Bebe’s been bad, a new lawsuit filed by its landlord at the World Trade Center mall alleges. Westfield Corp., the Australian real estate giant...
Thou shalt not default
June 30, 2016 06:00PM
The landlord at the World Trade Center Mall, the altar to consumerism clad in Santiago Calatrava’s white marble, is accusing one of its tenants...
Seller of 421 Broome penthouse chops price, hires Elliman
SL Green nabs $150M loan for 2 Herald Square
This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor
Acropolis Gardens, a Queens co-op mired in allegations of corruption and self-dealing, is tearing itself apart
Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex
November 2018 issue
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