The American mall isn’t dying — it’s evolving. Once the epicenter of suburban life, these sprawling shopping centers are now being transformed into mixed-use hubs, combining housing, retail and entertainment in a bold bid to stay relevant in a changing world, reports CNBC. Developers are bulldozing empty department stores like Macy’s and JCPenney, trading the
Real Estate
Century 21, the discount fashion department store, slimmed down from 250,000 square feet to 100,000 square feet when it reopened in May 2023 after more than two years of pandemic closure. But the ASG Equities, the real estate arm of the store’s owners, the Gindi family, went right to work finding new tenants and uses
Macy’s longtime Brooklyn home could soon become a showplace for “experiential entertainment retail” for companies like Netflix, Universal and Lego, according to the leader of a partnership that just purchased the four-story, 440,000 square-foot property at 422 Fulton Street. Albert Laboz, founder and chief executive of United American Land, said, “Everything is on the table”
The island paradise on which Harry and Meghan were said to have had a secret getaway is up for sale for $79.5 million. Exotic property broker Vladi Private Islands says the listing — dubbed the “Ultimate Package” and billed as the perfect Christmas present — features Kaibu Island in Fiji’s Lau archipelago. The then-newly-married couple
Grace Hightower, the actress and ex-wife of Robert De Niro, is ready to turn the page on another chapter of her life. Following the onetime couple’s high-profile 2018 split, Hightower has secured a buyer for the sprawling Central Park-facing co-op they shared in the Brentmore, a storied Upper West Side address once home to celebrities
Lizzy Caplan, best known for her role as Janis Ian in the still-famous film “Mean Girls,” has listed her Los Angeles home for $2.85 million. The 1961-built property is a shining example of midcentury-modern architecture Made up of three bedrooms and two baths, the 2,000-plus-square-foot residence offers sweeping views and an eye-catching design. Lizzy Caplan.
Printemps, the French luxury department store, will open its first US location in March, One Wall Street developer Harry Macklowe says. The eagerly awaited launch – previously reported as happening in the spring — might be the most momentous debut ever in the retail-deprived FiDi neighborhood. French luxury department store Printemps will open its first
The hottest place to live isn’t in a massive metro — rather, it’s a small town down South. Summerville, South Carolina, is an up-and-coming hub for workers, according to Move Buddha, which named the hidden gem the “top job-magnet suburb” in the country. The experts at the moving and storage company analyzed search data from the
America’s first solar-powered community has had a “mind-blowing” effect on residents’ power bills — and it’s even getting attention for surviving Hurricane Milton unscathed, and without losing power. Billed as “the Hometown of Tomorrow,” this planned community in Punta Gorda, FL, just 15 miles from Fort Myers, is fueled by solar energy, thanks to the 880-acre solar
A population boom in Montana is driving up home prices there faster than in any other state in the nation, for good and for ill. The trend predates the wildly popular drama series “Yellowstone,” which debuted in 2018 and stars Kevin Costner as Montana rancher John Dutton. The series’ final episodes began airing earlier this month. From
Brooklyn Nets star center Nic Claxton has been spotted house hunting in Red Hook, we hear. One spot Claxton — who has been fighting a “long term” back injury — toured was a new-development townhouse asking $4.49 million. The five-story modern property at 98 Coffey St. in Brooklyn is 3,976 square feet. Built in 2023,
A classic Edwardian home in San Francisco‘s Russian Hill with timeless character has been snapped up for $488,000 by a savvy homebuyer. The unusually low price is far less than half of the city’s $1.2 million median list price and an even smaller portion of the property’s estimated $1.4 million value. Though the home might seem like a
Steiner NYC, the company that created the Hollywood-inspired Steiner Studios for film and television production, has refinanced another crucial component of the Brooklyn Navy Yard. The $148.5 million bridge loan from Deutsche Bank is for Admirals Row, the 8-acre, 696,000 square-foot mixed-use complex that’s home to Wegmans and to 350,000 square feet of light industrial
Republicans are suddenly more optimistic about the housing market after Donald Trump‘s presidential election win, while Democrats grow less so, according to a new survey commissioned by Realtor.com®. Roughly 1 in 5 Republicans say they are now more likely to buy a home as a result of the election, while 24% of Democrats say they are now less
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