The week surrounding Christmas has historically been a quiet period for the real estate industry, as everyone concentrates on friends and family and tries to forget about business for a few days. Nevertheless, there was some hard news this past...
The big story from the weekend was the huge storm that made a giant dent in what is normally the largest shopping day of the year--the Saturday before Christmas. To compensate for the lost sales as shoppers stayed home to avoid the storm, many...
Getting a retail project approved in New York City is always a challenge, but this week's decision by the New York City Council to say no to Related Companies' plan to redevelop a vacant armory in the Bronx into a shopping center brought forth an...
Now that it got its restructuring approved on 103 properties covering $10.25 billion in secured mortgages, General Growth is moving ahead with the next phases of its plan to emerge from bankruptcy. It has pending plans for another 10 properties...
General Growth Properties Inc., the second-largest U.S. mall owner, said it won permission from a bankruptcy judge to restructure about $10.25 billion in debt at some of its shopping centers and office buildings. The Chapter 11 plan approved...
Here's a couple of odd videos that I've spotted in the last few days. One sings of the troubles in commercial real estate to the tune of "Oh Christmas Tree." The other is a rap about the Downtown Mall in Charlottesville, Va. The Downtown Mall is...
As we round off the first decade of the oughts, the way we shop has been changed dramatically by all the new technology that's been developed in the past few years. Previously, we discussed the impact of social media sites on the way malls do...
The news seems to be coming fast and furious with General Growth these days. There have been a lot of developments since we posted our news analysis on Tuesday afternoon. ...
Here's a 68-page look into William Ackman's mindset. It's a much rosier outlook on things than what we heard from the majority of people we talked to at ICSC's New York National Conference and Dealmaking. Even folks that had optimistic outlooks...
