Though pandemic-plagued shopping center landlords all complained of some national retail chains that refused to pay rent at all, only 12% of those willing to post their monthly payments asked for abatements.
In a Tuesday news conference, New York State Budget Director Robert Mujica released preliminary information about the state’s Phase 4 re-openings next week. Mall retailers were not happy.
Just a few weeks after RECon, the real estate industry’s largest trade show, would have taken place, the International Council of Shopping Centers laid off a significant portion of its workforce.
