The ICSC Blog

July 28, 2011
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Manhattan’s Chelsea Market is a model of mixed-use development

By Jesse Serwer New York City’s historic meatpacking district, on Manhattan’s West Side, is today much less of a workplace for packers, loaders and truck drivers and more of a playground for the patrons of boutique hotels, luxury shops and chic nightclubs. As recently as two or three decades ago, the neighborhood had become associated…

July 20, 2011
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ICSC Intern takes Chicago!

As a small-town girl from Pennsylvania and rising junior at Cornell University, interning in the meetings department at ICSC in New York couldn’t have been a more exciting opportunity. Like many, working in the City every day and joining the fast pace of the crowd has been a goal since I was old enough to…

June 29, 2011
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BLACKSTONE COMPLETES ACQUISITION OF CENTRO PROPERTIES GROUP US

- POSITIONS COMPANY TO DRIVE LEASING AND REDEVELOPMENT EFFORTS – NEW YORK, June 28, 2011 – BRE Retail Holdings Inc., an affiliate of Blackstone Real Estate Partners VI L.P. (“Blackstone”), today announced that it has closed the previously announced transaction to purchase the US assets and platform of Centro Properties Group and its managed funds…

February 25, 2011
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ICSC pushing reintroduction of Main Street Fairness Act

With states strapped for cash, never has the shortfall from uncollected sales taxes from online sales — estimated to total $23 billion this year — hurt more. To redress the imbalance, ICSC is working to revive the Main Street Fairness Act, a measure that would require online retailers to collect sales taxes in the same…

January 17, 2011
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The Real Estate Associate Program….

Many of us are enjoying a day off of work to honor the life of Dr. Martin Luther King, Jr. Perhaps we will take a moment to consider his good works and legacy, as well as the monumental Civil Rights Movement. Yet, I suspect most of us will not contemplate on how his life impacts…

January 14, 2011
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Thinking Outside the Box….

Traditional retailers have faced weighty challenges in recent years. Between the sluggish economy and growth of online shopping, bricks and mortar companies have had to be creative about how to draw new shoppers to their stores, while also encouraging store loyalty among their current customers. A number of innovative strategies have been in the news,…

January 4, 2011
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Groupon: Why didn’t I think of that?

As the Internet has taken hold in virtually every aspect of modern life, an ongoing debate has emerged about the impact of online commerce on bricks and mortar retailing. While some have written the obituary for traditional shopping, ICSC, led by its President & CEO Michael P. Kercheval believes that the growth of online shopping…

December 21, 2010
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U.S. Retail Sales Growth Accelerated to 4.2% Last Week…

Same-store sales at a selection of U.S. retailers posted the biggest holiday jump last week, rising 4.2 percent as more consumers finished shopping, according to a survey of retailers. Almost 74 percent of shoppers completed gift buying in the week ended Dec. 18, spurring faster sales growth than the previous three weeks. That compared with…