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ICSC Conference Kicks Off On Positive Note

NEW YORK CITY-Mayor Michael Bloomberg and CRE industry leaders predicted sustained growth for retail. But a new survey from JLL shows where the bumps in the recovery's road will lie.

By Carl Gaines | Updated on December 05, 2011

NEW YORK CITY-At the International Council of Shopping Centers’ New York conference Wednesday, the general consensus was that the picture for retail is much improved, though there are still challenges ahead.

New York Mayor Michael Bloomberg, who spoke to open the conference, told attendees that “the New York recession hit New York hard,” but that “by keeping our financial house in order and by continuing to improve and invest” in areas like quality of life, the city has thrived.

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