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NEW YORK CITY – Talks about a slowdown in commercial real estatehave been constant. However, developers and retail landlords aresteadily rolling out projects to create value, while also thinkingabout storing cash in the long-term.

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"There's been a consistent flow of projects because people areready to weather the storm this time," Rob Budetti, partner at AOArchitects, specializing in commercial, retail, hospitality andmixed-use, tells GlobeSt.com. "They are storing away cash and willbe ready to do projects."

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In the retail sector, there has been the repositioning ofmixed-use projects, such as the commercial consolidation of largeretailers such as Sears, Macy's and JC Penny to maximize usage andcreate new value, according to Budetti.

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The hunt for cash flow through subleasing to keep the ballrolling in the sector is key and has been a noticeable strategy toreduce overhead costs and boost the performance of low performingshopping malls and centers, RC Alley, partner at AO Architects,specializing in multifamily and mixed-use, tells GlobeSt.com. "It'sall about flexibility," he said.  "It helps to create asense of place."

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.