The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
Category: Real Estate (Commercial)
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New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The New York Times – Business: -
After Wooing Trump With Deals, Pakistan Gets a Seat at the Table
The New York Times – Business:Steve Witkoff, a diplomatic envoy, used the Board of Peace to announce an agreement that could raze a Pakistan-owned Manhattan hotel. Now the country is involved in negotiating peace talks with Iran.
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A Film Studio Moved to Montana for Tax Breaks. Will It Benefit the Locals?
The New York Times – Business:Story House arrived in Missoula last year with big plans for a movie and television campus that would create hundreds of jobs and build a filmmaking ecosystem.
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Not All Malls Are Struggling
The New York Times – Business:A certain type of shopping mall has become a surprising bright spot for real estate investors.
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After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
The New York Times – Business:Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.
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It’s a Grocery Store, but Selling Food Isn’t the Point
The New York Times – Business:Happier Grocery in New York is an entry point for people seeking a community built on inside knowledge. It’s not the only high-end grocer doing this.
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As Office Rents Rise, Doctors Get Creative
Physicians with independent practices are having to cobble together unconventional office arrangements at a time of rising costs and consolidation in the medical field.
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Why Sears’s Last Great Hope Was a Promise That Never Materialized
Only five Sears stores remain in the country, with the end likely near for what was once the mightiest American retailer.
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China Vanke Gets Temporary Lifeline to Prevent Debt Default
Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a $285 million bond.
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A $600 Suckling Pig? Wagyu for All? On Menus, It’s a New Gilded Age
In Manhattan and across the country, restaurants are trotting out ever-pricier dishes and luxury upgrades to meet the demand from affluent diners.
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China Approaches First Investment Decline in 3 Decades
A broad measure of investment fell more than 10 percent in November, continuing a recent reversal and signaling the depth of China’s property crisis.