BROOKLYN, NY-A memorandum of understanding that ensures affordable housing at the massive site, plus the credit crunch, could influence potential buyers and the price they will pay.
We guess everyone saw this coming. Sharper Image is shutting down all of its 180-some stores after battling dismal sales, bankruptcy and putting itself on the market. Turnaround firm Hilco Consumer Capital, which has taken on Bombay Co.'s brand; disposition firm Gordon Brothers Group; and others now...
We were a little late running across this snippet (scroll to bottom of link) in the New York Post that poses this blind-item question: "Which executive of a top ten national retailing chain is thinking about separating his ailing company from its real estate and putting the entire operation online as...
We heard from more than one person at last week's ICSC RECon meeting in Las Vegas that outlet centers are performing well, while other sectors are having trouble. This article confirms the same. Occupancy at Simon's Chelsea outlets dropped 120 basis points year over year during its first quarter, but...