The prevalence of remote working under COVID-19 and expected layoffs are leading law firms to downsize their real estate.

That might still not be enough to save many smaller operators.

Median rent for apartments in Manhattan has reached its lowest point in nearly a decade, reports The New York Times. J.C. Penney filed a sale agreement with landlords Simon Property Group and Brookfield Asset Management after weeks of delays and...

The company plans to close about 350 Gap and Banana Republic stores in North America by the end of 2023.