Retail Sector

Rep. Dan Donovan (R-NY) visited the Staten Island Mall on Staten Island, NY that is owned and managed by GGP, Inc. During the visit, the Congressman received an update on the mall's current expansion.

The sustained rise in prices of commercial real estate over the past seven years has prompted questions whether valuations may be getting ahead of themselves.

Rep. Michael Gallagher (R-WI), left, visited the Bay Park Square Mall in Green Bay, WI.

Sen. Heidi Heitkamp (D-ND), a member of the Senate Banking, Housing, and Urban Affairs Committee, met with executives from GGP, Inc. at the company's Chicago headquarters.

Rep. Michael McCaul (R-TX), chairman of the House Homeland Security Committee, visited The Domain in Austin, TX, which is owned and operated by Simon Property Group. 

Decision could require remote sellers to collect sales and use taxes.