President Trump has announced his plans to close the John F. Kennedy Center for the Performing Arts in Washington, DC, for two years, claiming the venue was “a tired, broken, and dilapidated” facility. In a post on Truth Social, Trump claimed his ruling followed a...
A Beverly Hills mansion that nobody wants, a push to end property taxes in Georgia, and Indiana goes Bears hunting. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 26-30. Miss: A Bigger Flop Than “Gigli”: The former...
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
A Phil Hall Op-Ed: There appears to be a malignant trend among the more extreme elements of today’s political “protesters” – they believe they have the inalienable right to disrupt and destroy the commercial property of anyone they don’t like. This strategy gained...
The self-storage company StorageMart has acquired a portfolio of 15 self-storage properties across New York City encompassing approximately 1.3 million net rentable square feet with 25,498 storage units and 121 parking spaces. The financial terms of the deal were not...
Hits and Misses for the Real Estate Week of June 22-26
