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February 4, 2013

  Top Story 
  Industry Tracker 
  Retail News 
  • D.C.'s Golden Triangle rethinks approach to tenants
    Golden Triangle, a neighborhood in downtown Washington, D.C., is finding it harder to attract retail tenants. Competing projects in nearby submarkets are part of the problem. The Golden Triangle receives a large influx of office workers every day and development officials hope to leverage these numbers to attract more retailers. The Washington Post (2/1) Email this Story
  • Knitting factories bring production back to NYC
    The "Made in the USA" movement is winning new converts in New York City, where apparel companies are investing in factories that hope to help revitalize the city's garment industry. "We are just the first of many to come," said Ricky Schiffer, who with partner Leonard Keff invested $2.6 million to open a New York City sweater factory in December. Crain's New York Business (2/3) Email this Story
  Hot Topics 

Top five news stories selected by ICSC SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Finance & Economics 
  Business Best Practices 
  • Why you shouldn't apologize after a mistake
    Apologies are ineffective because they remind people of your mistake, they're unsatisfying to the people who have been wronged and they make it more difficult to find a solution, Shawn Parr writes. "People often demand an apology more as vengeance than as any way to improve matters. Instead, you need to be in a position of strength so that you can solve the problem and get past the screwup," Parr writes. Fast Company online (2/1) Email this Story
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  News from ICSC 
  • Seminar: Debt Workouts, Institutional Funds & Repositioning of Challenged Assets
    ICSC is rolling out a seminar intended for owners who are facing maturing mortgage debt for a retail asset, and for other high-level professionals who represent the lender, a mortgage broker or deal in the debt markets. Regardless of whether the asset is challenged or not, a refinancing or restructuring of debt calls for special handling. More important, refinancing a challenged asset, one that produces insufficient funds from operations to cover its debt service, can be extremely difficult to assemble. This is the reason ICSC created this fast-moving one-and-a-half-day seminar conveniently located in Midtown New York City. The seminar sponsored by The Wall Street Journal will include formal presentations, discussions, case studies, course materials, breakfasts and lunches, a cocktail reception and an ICSC certificate of completion.

    For more information, visit Debt Workouts, Institutional Funds & Repositioning of Challenged Assets or contact ICSC's Manager of Education, Jason Barnhart, at 1-646-728-3468 or jbarnhart@icsc.org. Email this Story
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--William Safire,
American author, columnist and presidential speechwriter


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