Tag: Exits

21
October
0

Big-store exits drawing more medical tenants to retail spaces

By avi maxwel / in , , , , /

The doctor is in. 

The new shoes, clothes and housewares displayed for sale are out. 

Large blocks of empty retail space left in Long Island’s malls and shopping centers after the exits of Lord & Taylor, Sears and other retailers are providing real estate opportunities for health care providers.  They are spending millions of dollars snapping up and renovating the spaces for expansions in so-called “medtail” — medical facilities in retail settings.

NYU Langone Health, Catholic Health, Stony Brook Medicine and Northwell Health are among the providers that have leased former department stores or other large retail spaces where they plan to open new medical facilities in the next 12 months.

The region’s biggest medical occupant of former retail space, at least as of 2022, was CityMD, the largest operator of urgent care centers in New York state. 

Last year on Long Island, CityMD occupied former retail space, mostly in shopping centers, that totaled 177,320 square feet, which was more than 16 times as much as the 10,483 square feet it occupied a decade earlier, according to the CoStar Group Inc., a Washington, D.C.-based provider of commercial real estate information.

The reasons that health care providers are moving into more

… Read more
06
April
0

As Jeremy Scott Exits Moschino, Fashion Minimalism Makes Its Return

By avi maxwel / in , , , , , , /

Photography courtesy of launchmetrics.com/spotlight

Throughout the pandemic, surrealist aesthetics emerged as the new norm. But now, there’s a growing appetite for familiarity.

By Natalie Michie

Date March 21, 2023

In recent years, fashion has been doing the absolute most. Clashing patterns, exaggerated silhouettes and fantastical runway stunts became a welcome sartorial escape from the bleachness of day-to-day pandemic life — and no designer is more synonymous with this grandiosity than Jeremy Scott. Since 2013, Moschino’s creative director delivered a signature campy, kitschy, cartoonish approach to fashion. More than anything, he found the humor in clothes at times when the world was otherwise lacking in levity. So when he announced his sudden departure from the brand on March 20, the imminence of a new era became clear.

RELATED: “Recession Core” Is Exactly What You Think It Is, Unfortunately

It’s been just a few months since Alessandro Michele’s departure from Gucci shocked the fashion world. At the time, it seemed abrupt for the creative director — whose flamboyant flair and viral antics like “Twinsburg” redefined Gucci’s aesthetic — to exit when his designs so aptly reflected the maximalist attitudes of the culture. But now, with the loss of yet another seminal creative

… Read more