Tuesday 28 April 2020

Where can Haim Chera take Vornado’s retail business?

The retail apocalypse delivered a one-two punch to Vornado Realty Trust last year when a pair of its largest retail tenants filed for bankruptcy. The first came in May 2019, when British apparel company Topshop announced it was closing all of its U.S. stores, including two locations, on Fifth Avenue in Midtown and Broadway in Soho, owned by Steven Roth’s publicly traded real estate behemoth. The second blow came four months later in September 2019,



source https://therealdeal.com/2020/04/28/for-haim-chera-the-opportunities-are-as-big-as-the-challenges/

No comments:

Post a Comment