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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
The mall was sold to Kohan Retail Investment Group for $26.35 million on March 22, 2016, who owns it under the name Lycoming Mall Realty Holding. [20] [21] [22] Macy's closed in March 2017, and owned its anchor store.
The company was founded by Sylvan M. Cohen (1914-2001) in 1960 following the passage of the Real Estate Investment Trust Act, which allowed real estate trusts to access money from public investment. [ 1 ] [ 2 ] In 1997, the company acquired The Rubin Organization for $260 million, and founder and chief executive officer Ronald Rubin became CEO ...
Waymart is located at (41.580959, -75.406826) in The Pocono Mountains region Founded as a Borough in 1851. According to the U.S. Census Bureau , Waymart has a total area of 2.8 square miles (7.3 km 2 ), 2.7 square miles (7.0 km 2 ) of which is land and 0.1 square miles (0.26 km 2 ) (3.57%) of which is water.
The Lehigh Valley (/ ˈ l iː h aɪ /) is a geographic and metropolitan region formed by the Lehigh River in Lehigh and Northampton counties in eastern Pennsylvania.It is a component valley of the Great Appalachian Valley bounded to its north by Blue Mountain, to its south by South Mountain, to its west by Lebanon Valley, and to its east by the Delaware River and Warren County, New Jersey. [1]
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