redevelopment

kaleidoscopist

Macy’s Profits Drop, But At Least It Still Has Real Estate To Sell

As a venerable department store chain with stores in large and small cities, Macy’s has an important advantage when its sales slump: it has a lot of stores, land, and ground leases that it owns and can sell when it needs to raise some cash. The company’s rainy day has come, and it’s time to cash in that property. [More]

New York Unveils Billion Dollar Overhaul Of LaGuardia Airport

New York Unveils Billion Dollar Overhaul Of LaGuardia Airport

It’s out with the old and in with the new at New York’s LaGuardia Airport… well, in four years, that is. [More]