Retail

The fund will invest $50 million in emerging companies and technologies in the grocery sector.

Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.

Kushner Cos. sells a 100% leasehold interest to Brookfield and buys the 49.5% stake from Vornado in its debt-saddled Midtown tower.

Successful retailer operators are focusing on experiences, both in-store and within the overall retail center, such as The Hill, which has enlisted five local artists to bring unique art to the shopping district.

The purchase of 313-331 Bond St. calculated out to approximately $330-per-buildable-square-foot.

“With this property situated in the heart of the state's largest college town, space at Georgia Heights will always be in demand."

Councilwoman Carlina Rivera voted to allow the Union Square tower without the development restrictions for the neighborhood originally requested.

Dollar stores proliferated across the US as the economy sank into a recession, but instead of tapering off, demand for the sector's cheap goods increased after a recovery took hold.