Issue
Inside mall owner Namdar’s rapid growth story
At the Regency Square Mall in Jacksonville, Florida, roaches roam freely, the air conditioning is broken and the roof...
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Sasha Jones
National
Friendly’s saved from bankruptcy, preserving 130 locations
It’s all smiles for Friendly’s. The casual dining chain has been saved from bankruptcy by Amici Partners Group, which...
National
Retail rent collections rebound to 90%
The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...
New York
NBA owes Moinian $7.5M in rent for Fifth Ave store
UPDATED, Jan. 15 2020, 4:15 p.m.: Talk about a foul: The NBA Store at 545 Fifth Avenue, which has...
A tale of two logos: Restaurants in CA, NY battle over branding
Restaurateurs in recent months have filed several lawsuits to try and ease restrictions on dining that have been put...
Apartments, hotel to be added to Moorestown Mall
Consumers will soon be about to shop for housing at Moorestown Mall — literally, housing at the mall. The...
Macy’s to close 4 tri-state locations in next few months
Macy’s may no longer be the “way to shop” for some residents of the tri-state area. Four of the...
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...
National
Home prices hit fastest growth in six years
Home prices continued to surge in October, new data show. Prices were up 8.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller index tracking the housing market in major metropolitan areas. Their 12-month gain...
National
Simon completes acquisition of high-end mall owner Taubman
After a tumultuous process, Simon Property Group has completed its acquisition of Taubman Realty Group. Under the merger agreement,...