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Sears to Stay Open, After Edward Lampert Prevails in Bankruptcy Auction
News 38 min ago
Sears to Stay Open, After Edward Lampert Prevails in Bankruptcy Auction

Billionaire Edward Lampert won a bankruptcy auction for Sears Holdings Corp., keeping the struggling department store chain from shutting all its...

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Blackstone Aims to Throw Weight Around With a Record Real Estate Fund
News 1 day ago
Blackstone Aims to Throw Weight Around With a Record Real Estate Fund

LP is about to finish raising the largest-ever real-estate fund, which at $20 billion will amplify the investment firm’s influence over prices paid...

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U.K. Homes Saw Values Increase £190 Billion Last Year to a New High
News 1 day ago
U.K. Homes Saw Values Increase £190 Billion Last Year to a New High

Despite having grappled with a Brexit-strained market throughout the entirety of last year, the U. K. housing market added £190 billion (US$244.49...

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New York Suit Says Airbnb Used in $20 Million Illegal Hotel Scheme
News 1 day ago
New York Suit Says Airbnb Used in $20 Million Illegal Hotel Scheme

A Manhattan residential brokerage was the hub of a wide-reaching illegal hotel scheme—primarily through listings on Airbnb Inc.—that earned more...

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Profit and sales warnings batter retail stocks, but Lululemon shines
News 1 day ago
Profit and sales warnings batter retail stocks, but Lululemon shines

A group of retail stocks were trading sharply lower Monday, after a series of sales and profit warnings that further cemented the perception that...

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Gymboree Expected to File for Bankruptcy for Second Time in Two Years
News 2 days ago
Gymboree Expected to File for Bankruptcy for Second Time in Two Years

Children’s clothing retailer Gymboree Group Inc. is expected to seek bankruptcy protection this week, with plans to close all 900 of its stores,...

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IRS Reopens Key Program for Mortgage Loans
News 2 days ago
IRS Reopens Key Program for Mortgage Loans

WASHINGTON—The Trump administration last week revived a program that is key to home lending, after the mortgage industry said its closure during...

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This Week in Celebrity Homes
News 2 days ago
This Week in Celebrity Homes

Take a video tour of the recent real estate deals from celebrity sellers Take a video tour of the recent real estate deals from celebrity sellers...

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Economy capped off strong 2018 with big holiday season, but we won’t know for sure due to government shutdown
News 3 days ago
Economy capped off strong 2018 with big holiday season, but we won’t know for sure due to government shutdown

Delay in retail, housing reports leave Wall Street partly in the dark Retailers rang up the strongest sales in 2019 in six years, credit card...

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Jennifer Lopez and Alex Rodriguez List Manhattan Apartment for $17.5M
News 4 days ago
Jennifer Lopez and Alex Rodriguez List Manhattan Apartment for $17.5M

The celebrity couple have owned the Billionaires’ Row condo for less than a year Jennifer Lopez and Alex Rodriguez have just listed their Manhattan...

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Target will be ‘one of the top’ holiday performers
News 4 days ago
Target will be ‘one of the top’ holiday performers

Target reported 5.7% same-store sales growth, but shares sink after underperformance by others in the sector Target Corp. is poised to “be one of...

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Warehouse Availability Reached Lowest Point Since 2000 Last Year
News 4 days ago
Warehouse Availability Reached Lowest Point Since 2000 Last Year

The hunt for warehouse space in the U. S. won’t get any easier this year. The availability of industrial space fell to 7% in the fourth quarter,...

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Macy’s has only itself to blame for lackluster holiday performance, analyst says
News 5 days ago
Macy’s has only itself to blame for lackluster holiday performance, analyst says

Macy’s shares plummeted 17% on Thursday, and are dragging down the sector One analyst says many Macy’s stores were lacking in holiday cheer. Macy’s...

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Walgreens Tests Digital Cooler Doors With Cameras to Target You With Ads
News 5 days ago
Walgreens Tests Digital Cooler Doors With Cameras to Target You With Ads

Inc. is testing a technology that embeds cameras, sensors and digital screens in the cooler doors in its stores, a new network of “smart” displays...

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New York City Alleges Illegal Airbnb Hotel Ring at Manhattan Building
News 5 days ago
New York City Alleges Illegal Airbnb Hotel Ring at Manhattan Building

The Friday before New Year’s Day, three tourists stood by a doorway on a Midtown Manhattan street, roller suitcases in hand. The visitors said they...

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Lampert’s Revised Bid for Sears Tops $5 Billion
News 5 days ago
Lampert’s Revised Bid for Sears Tops $5 Billion

Edward Lampert, the billionaire who led Corp. SHLDQ 20.30% into bankruptcy, has increased his offer to more than $5 billion, in a last-ditch effort...

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Protecting Tenants and Expanding Ferry Service on Mayor’s Plate This Year
News 5 days ago
Protecting Tenants and Expanding Ferry Service on Mayor’s Plate This Year

In Mayor Bill de Blasio’s sixth year in office, New York City residents have been promised more resources to keep them in their homes, stronger...

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This Villa on the French Riviera Comes With Its Own Disco
News 5 days ago
This Villa on the French Riviera Comes With Its Own Disco

This Villa on the French Riviera Comes With Its Own Disco This Villa on the French Riviera Comes With Its Own Disco The 8,611-square-foot villa is...

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Focused on Sustainability, Graanmarkt 13 is a Go-To for Tastemakers
News 5 days ago
Focused on Sustainability, Graanmarkt 13 is a Go-To for Tastemakers

TWICE A YEAR, Graanmarkt 13, a concept store and restaurant in Antwerp, Belgium, reaches out to clients, but not to promote a new collection or a...

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Macy’s Lowers Annual Guidance Following Slower Holiday Sales
News 6 days ago
Macy’s Lowers Annual Guidance Following Slower Holiday Sales

Shares of Macy’s Inc. M -18.44% fell 17% in premarket trading as the department store lowered its full-year guidance following tepid holiday sales....

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Chrysler Building, a Famed Slice of Manhattan Skyline, Is on the Block
News 6 days ago
Chrysler Building, a Famed Slice of Manhattan Skyline, Is on the Block

New York City’s iconic Chrysler Building is up for sale. The owners of the 1930 art deco office tower—an Abu Dhabi government fund and New York...

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F1 Racing Champ Lewis Hamilton Buys Manhattan Penthouse for $40.7 Million
News 6 days ago
F1 Racing Champ Lewis Hamilton Buys Manhattan Penthouse for $40.7 Million

Less than two years after snapping up a $43.991 million apartment in a celebrity-studded condo project in Manhattan’s Tribeca district, British...

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Picturesque Italian Villa in the Countryside Near Florence
News 6 days ago
Picturesque Italian Villa in the Countryside Near Florence

Picturesque Italian Villa in the Countryside Near Florence Picturesque Italian Villa in the Countryside Near Florence The 13-bedroom home was built...

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Chrysler Building, a Famed Slice of Manhattan Skyline, Is on the Block
News 1 week ago
Chrysler Building, a Famed Slice of Manhattan Skyline, Is on the Block

New York City’s iconic Chrysler Building is up for sale. The owners of the 1930 art deco office tower—an Abu Dhabi government fund and New York...

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Lampert’s $4.4 Billion Offer Is Still Alive
News 1 week ago
Lampert’s $4.4 Billion Offer Is Still Alive

Billionaire Edward Lampert will get one last chance to keep Sears Holdings Corp. from closing down, after the retailer agreed to let its longtime...

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Buyers Begin Returning to Prime Central London
News 1 week ago
Buyers Begin Returning to Prime Central London

Sellers are seeing increased interest as a result of their price reductions Buyers are returning to prime central London, particularly its high-end...

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Lampert’s $4.4 Billion Offer Is Still Alive
News 1 week ago
Lampert’s $4.4 Billion Offer Is Still Alive

Sears Holdings Corp. isn’t dead yet and billionaire Edward Lampert still has a chance to keep the storied retailer alive. Sears bankruptcy lawyer...

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Google to Lease Office Space in Los Angeles Mall
News 1 week ago
Google to Lease Office Space in Los Angeles Mall

Google Inc. is planning to lease what is currently a mall in West Los Angeles, the latest deal in which former retail sites are now seen as...

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WarnerMedia Puts Its Stake in New HQ Building Up for Sale, Before It Moves In
News 1 week ago
WarnerMedia Puts Its Stake in New HQ Building Up for Sale, Before It Moves In

WarnerMedia isn’t expected to move into its future Manhattan headquarters until later this year, but it is already looking to unload its stake in...

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World Bank President Resigns to Join Investment Firm
News 1 week ago
World Bank President Resigns to Join Investment Firm

WASHINGTON—World Bank President Jim Yong Kim unexpectedly announced his resignation on Monday, setting up a potential dispute between the U. S. and...

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