Commercial Real Estate
Hits and Misses for the Real Estate Week of April 20-24
The Tampa Bay Rays demand $1 billion for their new stadium, two pairs of regional realtors’ groups merge, and starter homes lose their appeal. Continue Reading Hits and Misses for the Real Estate Week of April 20-24
County Officials Balk at Tampa Bay Rays’ Demand for June 1 Deadline to Approve Stadium Plan
The team put forth a construction timeline for a $2.3 billion ballpark development that would open in time for the 2029 baseball season. Continue Reading County Officials Balk at Tampa Bay Rays’ Demand for June 1 Deadline to Approve Stadium Plan
NYC Passes New Law Requiring Licenses for Hotel Operators
The new law also calls for direct employment of hotel workers, with exemptions for small hotels with fewer than 100 rooms. Continue Reading NYC Passes New Law Requiring Licenses for Hotel Operators
San Francisco’s Biggest Mall Going to Foreclosure Auction
Mayor London Breed proposed turning the property into a soccer stadium. Continue Reading San Francisco’s Biggest Mall Going to Foreclosure Auction
New Partnership to Build Sustainable Boutique Hotels in North America
The companies said they have planned projects in major markets including Chicago, San Francisco, New York City, and Calgary. Continue Reading New Partnership to Build Sustainable Boutique Hotels in North America
Denny’s to Close 150 Restaurants
The closures occur after Denny’s reported its fifth straight quarter of year-over-year declines in same-store sales. Continue Reading Denny’s to Close 150 Restaurants
Thompson Thrift to Develop Arizona Retail Center
Construction is expected to start in the first quarter of 2025, with an opening planned for early 2026. Continue Reading Thompson Thrift to Develop Arizona Retail Center
California Leads Nation with Commercial Foreclosures
California topped the states in this happening with 264 commercial foreclosures, a 238% spike from September 2023. Continue Reading California Leads Nation with Commercial Foreclosures
Shari’s Restaurants Closes All 42 Oregon Locations
The company now operates 17 locations in California, Idaho, and Washington. Continue Reading Shari’s Restaurants Closes All 42 Oregon Locations
Input Sought on Whether Property Controls Impact Canada’s Grocery Retailers
The Competition Bureau is probing where property controls have restricted the operations of a food retailer. Continue Reading Input Sought on Whether Property Controls Impact Canada’s Grocery Retailers
Empire State Building Unveils 10,000 SF of New Amenities Space
The space also includes a basketball/pickleball court for the exclusive use of the building’s Fitness Center’s tenant members. Continue Reading Empire State Building Unveils 10,000 SF of New Amenities Space
A Phil Hall Op-Ed: The Bears, The Browns, The Chutzpah
Editor Phil Hall considers efforts by the Chicago Bears and Cleveland Browns to have taxpayers finance their proposed new stadiums. Continue Reading A Phil Hall Op-Ed: The Bears, The Browns, The Chutzpah
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