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.
In an unusual bit of mass-recruiting, CBRE has hired away a 48-person team of commercial real estate pros from Transwestern to boost its already robust New England operation.