Saks Fifth Avenue – Commercial Observer

Gov. Gavin Newsom issued the “limited” order that requires nonessential work, movement and gatherings to stop between 10 p.m. and 5 a.m. in counties in the purple tier. That includes Los Angeles County, Orange County and about 94 percent of the state’s population.

Sunday Summary: This Is Why We Can’t Have Nice Things!

By The Editors

The Beverly Hills Saks Fifth Avenue department store in Beverly Hills.

Finance · CMBS

Beverly Hills Saks Fifth Building to Be Sold at Foreclosure: Updated

By Greg Cornfield

Saks Fifth Avenue

Saks Fifth Avenue Parent Company Lays off 507 NYC Workers

By Nicholas Rizzi

Macy's flagship location.

Macy’s to Close 125 Stores Nationwide and Lay Off 2,000 Workers

By Nicholas Rizzi

Barneys New York filed for bankruptcy protection, partly blaming a dramatic rent increase at its 660 Madison Avenue flagship.

Following Barneys Sale, Ashkenazy Strikes Temporary Deal at 660 Madison

By Nicholas Rizzi

Lord & Taylor will be sold to Le Tote for $100 million.

Lord & Taylor to Be Sold for $100M, Outlines Real Estate Strategy

By Nicholas Rizzi

American Dream Mall.

American Dream Mall Announces October Opening

By Nicholas Rizzi

Brookfield Place

Leases · Retail

Convene Leasing Former Saks Space at Brookfield Place for an Event Venue

By Nicholas Rizzi

424 Fifth Avenue.

Sales · Commercial

WeWork Finally Closes $850M Buy of Former Lord & Taylor Flagship

By Nicholas Rizzi

424 Fifth Avenue.

Lord & Taylor Closing Famed Fifth Avenue Flagship

By Liam La Guerre

15 West 38th Street

Leases · Office

Shared Office Provider Jay Suites Takes 90K-SF Sublease Near WeWork’s New HQ

By Liam La Guerre

250 Vesey Street.

Leases · Office

Scotiabank Subleases From Hudson’s Bay at Brookfield Place

By Rebecca Baird-Remba

53 West 23rd Street.

Leases · Office

Startup Handy Takes 17K SF in Flatiron, but May Cut Lease Short

By Liam La Guerre

Ron Dickerman of Madison International Realty.

Leases · Retail

Retail Details: The Future of the Department Store (Video)

By The Editors

The Mall at University Town Center in Sarasota, Fla. Image credit: Taubman Centers.

Finance · Refinance

TIAA Lends $280M for Taubman’s Sarasota Super-Regional Mall

By Danielle Balbi

Bay Plaza Shopping Center.

Leases · Retail

Saks Inks First Bronx Deal With 25K-SF Discount Store in Bay Plaza Shopping Center

By Lauren Elkies Schram

The building at 13-15 West 27th Street.

Leases · Office

Kaufman Signs Tenants to Top Floors of Two Ring Portfolio Buildings

By Liam La Guerre

Rendering of the retail space at 935 Madison Avenue.

Leases · Retail

Italian Luxury Shoemaker Opening First U.S. Store in Manhattan

By Liam La Guerre