Space on Upper Fifth Avenue, between 49th and 60th streets, garners some of the highest average rents, according to a report by Cushman & Wakefield Plc. The area’s resilience during the pandemic downturn, coupled with the strength of the US dollar...
Mayor Eric Adams said the city would aim to expand eligibility and use of a rental-assistance program known as the City Family Homelessness and Eviction Prevention Supplement, including by paying landlords in expensive neighborhoods who rent to...
The decrease in October moving intentions was the sixth straight and coincides with a rapid run-up in mortgage rates, according to the Federal Reserve Bank of New York survey data.
Target’s new store in Katy, Texas, covers almost 150,000 sq. ft., compared with the company average of about 130,000. The backroom space devoted to handling online orders for same-day pickup is five times as large as at stores of a similar size.
Fearful of shortages, retailers including Gap Inc. and Nike Inc. ordered extra and did so earlier than usual, but a combination of poor forecasting and inflation-stung shoppers created massive gluts.