Regal Closure Another ‘Knife In The Back’ For Once-Vaunted Gallery Place

A surge of investment from the federal government and nonprofits has begun to spark new private sector interest in the Appalachian region, an often-overlooked part of the country that has for years suffered from population decline and poverty as the nation shifted away from coal mining. 

With hundreds of millions of dollars coming in to fund infrastructure projects, small businesses and rehabilitations of old buildings — plus a renewed appeal for living in the area from remote workers who enjoy outdoor recreation — economic development officials say they are optimistic about the growth of Appalachia. 

This investment and growth is creating new opportunities for real estate development, especially in areas designated as opportunity zones where investors can receive tax breaks for their projects.  In 2021, the federally funded Appalachian Regional Commission deployed $449M toward 465 projects, and it leveraged an additional $1B in…

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Bisnow's new audio series, Bisnow Reports, examines every facet of the international commercial real estate industry — from the murky future of retail and office to real estate’s reckoning with diversity to the effects of climate change on the built world, and so much more. You can subscribe on iTunes, Spotify and Amazon Music, or scroll down to listen in your browser.

Two factors seem to dominate New York real estate right now: soaring rents, thanks to a lack of housing supply, and millions of square feet of unused office space. On this episode of Bisnow Reports, we sit down with two women tasked with coming up with possible solutions to the complex challenges unique to…

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