Simon Property Group’s intention to make southern New York properties like the Woodbury Common outlet center part of its mass mall-reopening got postponed.
In a move that was not unexpected, Neiman Marcus Group has filed for bankruptcy with an agreement that will eliminate about $4 billion of its debt and make its creditors the majority owners of its business.
The ASHRAE Epidemic Task Force is providing guidance on mitigating potential health risks during the reopening of buildings closed during the COVID-19 pandemic.
Gap Inc. will start reopening its stores, starting with a small selection of locations in Texas this weekend, as COVID-19 lockdown restrictions slowly begin to ease in some areas.