The Kroger Co. (NYSE: KR) announced plans to close 60 underperforming stores over the next 18 months. Kroger operates 2,730 stores in 35 states and the District of Columbia under multiple brands. In a call with financial analysts after the release the...
Joseph Canizaro, one of New Orleans’ most prominent commercial real estate developers, passed away on Friday at the age of 88 after experiencing a series of strokes. Canizaro first gained industry attention when he developed the 276-foot Lykes Center in 1966 as the...
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 16-20. Miss: Who’s...
The Boston Branch of the NAACP has asked Mayor Michelle Wu to stop the redevelopment of White Stadium, citing multiple issues ranging including a lack of transparency in leasing the venue to a professional soccer team. The 10,519-seat facility, formally the George R....
The owner of the New York City-based grocery chain Gristedes pledged to close all his stores if voters elect Democratic Socialist mayoral candidate Zohran Mamdani to become mayor. The Gristedes supermarket chain, founded in 1888 and operates 17 stores across New York...
A Massachusetts-based certified public accountant (CPA) pleaded guilty in federal court to defrauding commercial lenders by providing false and fraudulent rent rolls and forged lease agreements for multiple properties. According to the charges brought against her,...
