John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-Cutting corners to cut costs can result in cleanup costs ranging from $25,000 to $250,000--and that's just for underground storage remediation. One legal eagle counts the ways owners blunder.
NEW YORK CITY-Overflowing crowds are packing the trade show floor as retail and real estate execs come together for the International Council of Shopping Centers' New York Idea Exchange.
NEW YORK CITY-The final flurry of sales--encompassing seven properties in Canada and the US--brings the total value of shed properties to $1.7 billion.