Average retail asking rents in New York fell for the tenth consecutive quarter to $714/sf during Q1–2020 – a nine percent decline year-over-year, according to CNBC (citing data from CBRE). Retail rents in Times Square dropped by 15.7 percent from … Continue reading →
A recent study by Seth Benzell, Avinash Collis, and Christos Nicolaides analyzes the COVID-19 transmission risk and social benefits of thirty categories of locations in the U.S., from parks, to museums, to grocery stores. By combining several measures of the … Continue reading →
E-commerce spending in the U.S. between March 1 and mid-April increased by more than 30 percent compared to the same period last year, according to CNBC (citing data from Rakuten Intelligence). Comparing the first half of March Cervical spondylosis is … Continue reading →
U.S. retail sales fell by 8.7 percent in March from a month earlier, according to the Commerce Department, representing the biggest month-over-month decline since the inception of the records in 1992. This is more common generic levitra online http://robertrobb.com/leave-the-israelis-and-palestinians-alone/ in … Continue reading →
On April 7, four small business clients of Bank of America filed a lawsuit in the U.S. District Court for the District of Maryland challenging Bank of America’s gating policy that restricts customers’ eligibility to apply with the bank for … Continue reading →
Macy’s Inc. has retained investment bank Lazard and debt restructuring lawyers at Kirkland & Ellis LLP to explore options for bolstering its finances and managing its liabilities, according to CNBC. The company, which comprises three retail brands (Macy’s, Bloomingdale’s and … Continue reading →
Home furnishings chain Pier 1 Imports Inc. filed for Chapter 11 bankruptcy protection on February 17. In connection with the Chapter 11 filing, the Texas-based company received a commitment of approximately $256 million in debtor-in-possession financing from Bank of America … Continue reading →
A co-tenancy clause in a retail lease offers the tenant remedies such as rent reduction and/or lease termination if either a certain percentage of the gross leasable area (or otherwise specified area) of the shopping center fails to remain open … Continue reading →
Vancouver-based athletic apparel company Lululemon opened its first restaurant today in Chicago’s Lincoln Park neighborhood (944 W. North Avenue). Named “Fuel”, the restaurant is part of a 20,000sf store (the retailer’s largest) which also offers men’s and women’s merchandise and … Continue reading →
On June 24, the White House issued an executive order aimed at improving price transparency in health care. The order directs the Secretary of Health and Human Services to propose regulation to require hospitals to publicly post standard charge information, … Continue reading →