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August 8, 2019

Barneys' Last Stand: Why Boston's Luxury Retail Market Is Still Thriving

Yotel Boston General Manager Trish Berry chats Seaport, Gen Z impact and Boston hospitality evolution at Boston Hotel Summit Sept. 19

Barneys filed for bankruptcy Tuesday, but you wouldn’t know it based on its Boston operation. 

Barneys’ Last Stand: Foreign Students, ‘Value’ Rents Make Boston A Safe Bet For Luxury Retail

The luxury retailer plans to close 15 stores in some of the country's strongest markets, like Chicago, Las Vegas and Seattle, as part of its restructuring. But Barneys in Boston's Copley Place mall is going the other route and beefing up its presence with…

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Congestion Study Highlights Unpredictability Of Massachusetts Traffic

Congestion Study Highlights Unpredictability Of Massachusetts Traffic

Massachusetts officials released a traffic study Thursday that shows the state’s booming economy is taking a toll on area roadways.Traffic has significantly worsened in the state since 2013, and particularly in Greater Boston, according to the Massachusetts Department of Transportation.Commute time unpredictability is also impacting where people work and…

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Former Wonderland Greyhound Park Site Is Officially On The Market

Former Wonderland Greyhound Park Site Is Officially On The Market  

The end of the Blue Line could be yet another hotbed of Boston construction, based on interest in what used to be one of the biggest greyhound racetracks in the region.  Newmark Knight Frank began marketing the 33.6-acre Wonderland Greyhound Park property a few weeks…

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As Coworking Conquers Markets, Landlords Wonder How Much Is Too Much

WeWork, which has grown from a one-floor lease in SoHo to New York City’s largest private office tenant in the span of nine years, is expected to go public next month, targeting a $3.5B raise.

But amidst the hype of the highly anticipated initial public offering, the commercial real estate community continues to wrestle with how to hedge against the exploding coworking and flexible workspace sector, and how to capitalize on it.

While some say an IPO could quell lingering anxieties, concern about landlords’ growing reliance on coworking providers — particularly this late in the cycle — remain.

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Off-Site Building Is 'Ripe' For AI. But Are These The Robots You're Looking For?

 

If a lack of innovation is to blame for stagnating U.S. construction productivity over the last half-century, off-site builders — and some of their AI partners — think they may have the solution.

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Hong Kong Property Investors Sit Tight For Now Amid Violence On The Streets

For more than two months now, images have been beamed around the world daily of mass protests on the streets of Hong Kong, and clashes between protestors and riot police that have seen tear gas fired and cars driven into barricades. 

There is a truism in the real estate world that money flees from areas of political volatility: When investors are worried their money is not secure in their home market, they look to park it in safe havens around the world, and real estate in gateway cities is seen as a good safe deposit box. With that in mind, will capital start to flow from Hong Kong into big cities like New York, London and San Francisco?

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Hit me up with your story tips at cameron.sperance@bisnow.com and follow me on Twitter at @CameronSperance.

 
 
       
 
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