The goal is to turn the 47-acre site into a $1 billion community.

The loan includes a 35-year amortization period and carries full-term interest only.

Those selling apparel, cosmetics, pharmaceutical items, and vitamins, and cell phones suffered the biggest net losses.

Drug stores are trying to figure out the new model.

Also, the company shares its strategy when it comes to targeting assets.

"I think that just shows really strong consumer propensity to get out there and spend."

However, demand isn't an issue.

Avison Young said that New York is at a 77 percent return to the office rate versus pre-pandemic levels.