Sales slow, costs mount and investors grumble and place blame on e-commerce, tariffs or a pandemic: Another retail chain is filing for bankruptcy. While creditors cross their fingers and lawyers go to court, landlords brace for missed payments. This is when Ivan Friedman’s phone rings. “In my business, bad is good,” he said.  On the line, often, are the private equity firms and ownership groups who want to swoop in and buy low. To rescue a bankrupt chain, the companies need someone to renegotiate rents on hundreds of stores. It’s unpleasant but critical grunt work, and many believe Friedman does […]

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