Housing Works, a New York City-based nonprofit that runs a chain of thrift shops, will launch sales at a 4,400-square-foot Manhattan dispensary at 1 Astor Place, Governor Kathy Hochul said on Wednesday. All proceeds will be directed to the nonprofit.
Activist investor Jonathan Litt is urging amusement parks operator Six Flags to monetize its real estate holdings, reports The Wall Street Journal. One distressed real estate expert sees a coming wave that will be larger than during the 2008-09...
With property fundamentals in their best shape in quite some time and attractive cap rates, some investors are looking to put their money into shopping and power centers.
