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In 1998, Manchester, N.H., authorities arrested eight protestors for picketing a Foot Locker store at the then-privately owned Mall of New Hampshire. A subsequent free speech lawsuit and enormous media coverage drew nationwide attention to the...
Birmingham, Ala. – Saks Inc. recently announced plans to close its 128,000 sq. ft. Saks Fifth Avenue store located in White Plains, New York. The company has reached an agreement to sell the real estate to local retailer, Fortunoff, but will...
Equitably written, gross sales and percentage (overage) rent clauses play an important part in the administration of a retail lease. Negotiating clear rent clauses assists both the landlord and retailer achieve a working knowledge of retail...
In the assisted living market, costs and competition are forcing operators to look for new ways to reduce expenses and improve their bottom line. A good way to reduce overhead is to minimize real estate taxes...
Valhalla, N.Y. – Starting tomorrow, locally based Cappelli Enterprises will begin the demolition of the former Macy’s store in downtown White Plains, N.Y. The demolition marks the first phase of work on what will be one of the largest real estate...
