Northeast

One can imagine that over the next decade the grocery store as we know it will become a historical curiosity.

The City of Yonkers announced on Monday it had signed a letter of intent to sell the six-acre property located northeast of City Hall for $16 million to New York City-based AMS Acquisitions.

PREIT reduced its Sears exposure by 85% in five years.

President Trump may sign an executive order giving opportunity zone investments additional preferences in federal loan and grant funding, says Christopher Coes, vice president of land use and development, Smart Growth America.

Citigroup Global Markets provided the loan for the Brooklyn multifamily portfolio.

The platform seeks to improve the transaction process within the middle market

The national retail chain is renting 35,000 square feet for another small-format store—this one at the base of a luxury residential tower under construction on the Upper West Side.

Rohatyn Group and CM Investment Partners are the latest tenants coming to the Plaza District tower by the end of the year.