News: Brokerage

Mayor Bloomberg to keynote ICSC New York National Conference December 5-6

Over the past decade Mayor Bloomberg has instituted hundreds of innovative new policies and initiatives to make New York City economically prosperous. Now, the mayor will share his vision on New York City's future as well as his plans for retaining and attracting new business to the city during the International Council of Shopping Centers (ICSC) New York National Conference & Deal Making, December 5-6. The conference will once again encompass both the Hilton New York and the Sheraton New York Hotel & Towers, with Mayor Bloomberg set to kick off the conference at the Hilton on Monday, December 5 at 9:30 a.m. Directly following the opening session with the mayor will be the popular Retail Runway, beginning at 10:30 a.m. The Retail Runway will showcase national retailers presenting their future business and expansion plans. This year's retailers include: Athleta, Denny's, Fairway Market, Five Below, L.A. Fitness, Modell's Sporting Goods, Party City Retail Group, Smashburger, and Unleashed by PetCo. The Deal Making floors will be open from 9 a.m. to 5:30 p.m. on Monday, and from 8:30 a.m. to 4 p.m. on Tuesday. The exhibit floors will feature over 300 booths, creating ample opportunity for attendees to network, view industry products and services, and discuss potential deals and partnerships. Monday afternoon will feature the Women's Special Industry Group (SIG). The Women's SIG is an interactive topic specific discussion group that fosters the sharing of ideas, interests, challenges and best practices. Additionally, it will provide a forum to meet with colleagues, create new business relationships and become part of a global network of women within the shopping center industry. Cities such as New York, Boston, Washington D.C. and Miami have recently embraced vertical retail development. Tuesday morning will feature a panel session entitled Urban Retail: The Vertical Integration of Retail from 8 - 9:30 a.m. The panel will explore urban store formats and design, site selection, approvals, expansion issues and the near-term future of vertical retail development.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.