(Bloomberg)—New York apartment leases plunged last month as coronavirus stay-at-home orders kept the city’s renters from moving.
In Manhattan, new agreements
In Manhattan, new leases fell by 38 percent in March compared to March 2019.
With debt payments looming and access to loans uncertain, some retailers are fighting for survival, according to the Wall Street Journal. Two national advocacy groups for the apartment industry are calling for Congress to provide additional
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Getty Images Elizabeth, N.J. mayor has said the local nursing facility failed to alert the city that a large number of residents tested positive for the virus.
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Before the crisis, lenders originated roughly $8 billion in loans on New York construction projects.
(Bloomberg)—New York City’s construction shutdown has derailed a $66 billion industry,
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From enacting social distancing rules to changing renewal policies, most property management companies have an action plan in place.
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Getty Images A tenant at your property has been confirmed to have the virus. How do you protect the rest of building residents, staff and
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JOSEPH PREZIOSO AFP via Getty Images Discretionary retailers are trying to use their online sales to make up for lost revenue. But not many people are buying clothes or
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COVID-19 and CRE: Strategies and Solutions for Maintaining Continuity and Safeguarding Your Business
Wednesday, April 15, 2020 | 2:00 PM Eastern Daylight Time
The impact of COVID-19 on the commercial real estate market has been sudden and dramatic, and the mounting effects of the pandemic on base fundamentals—like leasing activity, available capital and leverage ratios—are
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Private equity investors are planning to take advantage of distressed asset sales, reports the Wall Street Journal. Airbnb has raised $1 billion in new funding, according to The New York Times.
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Paul Briol/Cincinnati Museum Center/Getty Images A successful recovery depends on controlling the virus and more fiscal support.
(Bloomberg Opinion)—The U.S unemployment report for
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