After a $1 Billion Renovation, the Westfield Century City is Bigger and Better Than Ever

A two-year renovation project on the tri-level Westfield Century City Mall in Los Angeles was completed in September, bringing shoppers luxuries like optimized parking, an Eataly, high-quality restrooms and hidden, elite elevators. Westfield Co-CEO Peter Lowy has said, “The mall design is meant to be a sanctuary. A place you will go that is soft, relaxing and you do what you want at your own pace.”

The Top Five American Real Estate Market Players

The real estate sector in the U.S. is arguably the most vibrant industry across the world. The industry is flocked with financial bigwigs, each doing tremendously well. The Observer ranked the top 50 key real estate market players based on their performance in 2016. From the 50, which includes Andrew Farkas, Chard Tredway and Greg Reimers, this article samples five.

Mall Giant Westfield Corp. Hires Broadway Producer to Up Entertainment Factor

Those that have marveled at the beauty of the musical The Color Purple on Broadway will likely find that the news of its producer, Scott Sanders, leaving the production as somewhat of a shock, especially due to where he is going. Sanders, who owns a self-named production company in New York, sold the group to Westfield Corporation, a global commercial real estate company specializing in building and operating malls. Coming off winning the “Best Musical Revival” Tony Award for his theatrical version of the The Color Purple, Westfield hopes Sanders will be a great fit for their first-ever Creative Head of Global Entertainment. This acquisition does not relieve Sanders of his connections with his namesake brand or its productions. In fact, as part of the business...

NYC’s Real Estate Families and the skyscrapers They Own

Known for its beautiful architecture and its breathtaking skyline, New York has some of the most beautifully designed structures in the world. Attracting, visitors from around the globe, New York is also famous for its multi-story buildings that make up their well-known skyline that can be viewed from afar. The high-rise buildings appear in Midtown and Lower Manhattan. Midtown Manhattan (is which is largest main business district worldwide,) is known for its notable skyscrapers such as the Chrysler Building, the CitiGroup Center, the Empire State Building and the Rockefeller Center, where as Lower Manhattan houses skyscrapers such as the reconstructed One World Trade Center. The Empire State Building also referred to as the Empire State Trust, is the most famous...

Farkas Real Estate Business Prospers in Big City

This type of network was developed by Andrew Farkas, a billionaire real estate investor. He had previously stated, late last year, that he had no plans to increase presence in New York. In fact, he had stated that he was going to reduce the presence. This plan clearly changed with this week’s deal between NAI Global and EVO. This recent move really secures the footprint that NAI Global has in New York. The real estate company has no plans to leave the city in the future, as previously mentioned to the public.