ARTICLES BY THIS AUTHOR
- 9/13/2020
Connecticut’s largest mall’s fate rests on zoning board’s decision
The Connecticut Post Mall in Milford lost its Sears and J.C. Penney and wants to fill those empty spaces with luxury apartments that owner Centennial thinks would fill a need in the community and save the property. - 9/13/2020
Leases for 280 Stein Mart stores are on the market
A&G Real Estate Partners announced it has begun marketing leases for 280 Stein Mart locations being closed in connection with the company’s bankruptcy filing. - 9/10/2020
PREIT puts pandemic focus on its parking lots
Like a lot of mall owners, PREIT has turned many of its parking lots into drive-in movie theaters during the COVID-19 pandemic, but it hasn’t stopped there. - 9/10/2020
Tanger to start its holiday shopping season on Nov. 1
The COVID-19 pandemic has succeeded in making people do a lot of things they’ve never thought of doing before, like beginning the Christmas season the day after Halloween. - 9/9/2020
Macerich has re-opened all but three of its malls
At 7 a.m. on Wednesday, 100 shoppers were waiting in line on Queens Boulevard in Elmhurst, eagerly anticipating gaining entry for the first time in months to New York City’s most highly trafficked mall, Queens Center. - 9/9/2020
Starwood misses debt payments, loses five malls
Starwood Capital Group missed as many as four payments on a $549 million commercial mortgage-backed security it used to buy a distressed group of seven malls in 2013 and, as a result, has lost five malls in an open bid. - 9/9/2020
Retailers re-open at New York’s Hudson Yards
More than 50 shops that make up Manhattan’s newest enclosed mall at Hudson Yards have re-opened. - 9/8/2020
American Dream enlists Jersey’s top healthcare network in ongoing safety program
Hackensack Meridian Health will now have a home at American Dream in East Rutherford. - 9/8/2020
Report: COVID-19 has forced brick-and-mortar brands to find their futures on the web
Months after the COVID-19 virus hit and the retail world was floored, Best Buy achieved an 81% sales retention though most of its doors were closed. - 9/7/2020
San Francisco is going to get a new mall—from Ikea
One sees more stories about old malls closing during the COVID-19 pandemic, not new ones opening.