Retail

The Brooklyn facility, a former warehouse, will be the largest climbing gym in New York City when it opens in the summer of 2019.

After a record 2017, retail leasing volume this year seems to be leveling off and renewing clients may be looking for rent reductions in the second half of the year.

The property has modest near-term rollover, and several of the tenants with expiring leases are currently negotiating renewals.

There are structural issues in retail that are driving today's wave of consolidations, i.e., the US is over-retailed with the most retail space per capita, 25 square foot per person, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

As retail continues its rapid evolution, it is going to great lengths to create an in-person, experiential and value/convenience counterpart to the online world, GlobeSt.com learns in part one of this <b>EXCLUSIVE</b>.

The Court Square City View Tower project at 23-14 44th Drive is being developed by Xu's United Construction &amp; Development and partners Henry Yeung, Brian Pun of FSA Capital and Risland U.S. Holdings, LLC.

From the time the LSRP program was fully implemented in 2012 to the end of 2015, NJDEP reported that the number of cases closed rose from 1,200 to 7,500. This number surpassed 10,000 in 2017 and is on pace to reach 12,000 this year.

No longer confined to standalone retail, behemoth office campuses or multifamily without access to conveniences, many developments are going the mixed-use route, GlobeSt.com learns in this <b>EXCLUSIVE</b>.