(RealShare New York comes to the Grand Hyatt, New York, NY, October 9.)
NEW YORK CITY-After unable to agree upon economic terms for a project in East New York, the decision by Walmart to withdraw plans from Related Cos.’ Gateway II Shopping Center in southeast Brooklyn is raising the question about whether the retailer will seek out an alternative location within the five boroughs sometime this year.
Steven Restivo, senior director of community affairs for Walmart, says in an e-mailed statement to GlobeSt.com that the company remains “committed to bringing new economic development and shopping options to New York City, especially in the neighborhoods that need them most.”
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