The 340,000-sq.-ft. project that promises to be New York City’s first and only outlet center when it opens in 2018 is 70% leased, according to developer BFC Partners.
Multifamily live-work-play projects continue to pump new life into American downtowns, but their eventual success is dependent on developers curating the right retail for the right place.
Starbucks Corp. has opened its Reserve store, a new upscale format that combines higher-end coffees with freshly-made Italian goods and, in the afternoon and evening, cocktails.