Taubman Centers Inc., owners of a 95 percent stake at The Mall of San Juan, warned in its 2017 annual report that it may not fully recover the losses related to Hurricane María, and anticipated that if a major tenant or anchor store does not reopen, others may follow.
A number of U.S. lawmakers sent a bipartisan letter to the U.S. Department of Housing and Urban Development requesting a 90-day extension of the foreclosure moratorium in Puerto Rico and the U.S. Virgin Islands ahead of the current March 19 deadline.
In response to the growing trend of businesses under the “sharing economy” model, Sen. Zoé Laboy-Alvarado, presented Senate Bill 840 to ensure the design and implementation of public policy that promotes the sector’s growth on the island.