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Saks Fifth Avenue finds new buyer in bid to go private

  In recent weeks, we have discussed the changing face of retail in NYC due to changes in technology, consumer buying habits, as well as shifts in the real estate market. We have also discussed the (unintended) effects that landmarking can have on iconic outlets...

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What co-op owners should do when commercial leases expire

What co-op owners should do when commercial leases expire

Commercial spaces leased out to businesses are often a vital source of revenue for co-ops. However, as we have written about recently (see our October 4 blog), New York City has faced its own version of the “retail apocalypse” in the last few years, with Manhattan...

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