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Real Estate

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Real Estate

Manhattan’s First-Half Leasing Activity Still Above Historical Average

Technology, advertising, media and information sectors represented 41% of new leases over 10,000 square feet.

The four-year renovation of the Ritz is the anchor for the Place Vendôme's overhaul

New Ritz Paris Hotel Anchors Place Vendôme’s Overhaul

The four-year renovation of The Ritz is the anchor for the Place Vendôme’s overhaul.

20/20 Summit David R. Weinreb

Making South Street Seaport Relevant to New Yorkers

The historic district is undergoing a major redevelopment bringing in a higher grade of retail and restaurants.

Amid Economic Slowdown, South Africa Adds Another Megamall

The Mall of Africa has 1.4 million square feet of retail space.

JC Penney

J.C. Penney’s ‘Dark’ Value

An appraisal of 285 J.C. Penney stores found an average value of $5.5 million, sans retail business.

Dubai's skyline.

Waldorf Astoria to Open in Dubai Financial Center

The hotel will have 247 rooms “as well as a range of upscale dining options, spa and wellness facilities.”

shutterstock_138538691 2

Italy’s Real Estate Market Sees Signs of Upturn

Industry executives discussed the state of the market at the first-ever edition of Mapic Italy.

Las Vegas was the second-most desired city for luxury brands in the U.S., according to the study.

New York, Vegas, L.A. Most Desired by Luxury Brands

JLL’s 2016 “Destination Retail Report,” released during ReCon, cited Manhattan as the most attractive U.S. city for cross-border luxury brands.

Store closings are up, rents are down, supply of space outstrips demand and online retailing continues to surge. As they head to the International Council of Shopping Centers’ ReCon conference, taking place next week in Las Vegas, mall and city street l

ICSC Preview: Luring Shoppers While Staying Profitable

As they head to the International Council of Shopping Centers’ ReCon conference, taking place next week in Las Vegas, mall and city street landlords are figuring out ways to reuse space and entice shoppers with entertaining experiences while remaining profitable.