Neiman Marcus has advanced in its bankruptcy preparations, reports Reuters. A Brooklyn apartment building landlord has cancelled April rent for his tenants, according to The New York Times. These are among today’s must reads from around commercial...
Trump Organization properties are missing out on millions of dollars in lost revenue daily, reports the Wall Street Journal. The Financial Times looks at how the coronavirus is starting to affect rents. These are among today’s must reads from...
Washington is weighing a new infrastructure plan to help create jobs, reports The New York Times. FHFA chief warns this crisis might be worse than the subprime mortgage meltdown, according to the National Mortgage News. These are among today’s...
Some of the most risk-hungry real estate lenders are starting to come under pressure, reports the Wall Street Journal. Walmart will screen the temperatures of employees and provide them with masks and gloves, according to Business Insider. These...
Some people are calling for rent strikes in cities like New York, Boston and Los Angeles, according to the Associated Press. Whole Foods workers are getting ready to stage a nationwide strike on Tuesday, reports Vice. These are among today’s must...
Taubman sent a letter to its tenants last week saying it expected rent to be paid on April 1, reports CNBC. Mortgage bankers are pushing for aid from the Fed as an unintended consequence of bond-buying measures is threatening to triggering a flood...
Economic historians quibble over the exact consequences of the Black Death, though they agree that the sudden depopulation had a dis-inflationary impact.
Grocers get a preview of consumer demand shifting to buying food online amid the coronavirus, according to the Wall Street Journal. WeWork demands tenants continue to pay rent at locations that remain open, reports Forbes. These are among this...
Construction workers in New York City are still working in crowded conditions on luxury towers, reports The New York Times. The coronavirus shutdown might pose an existential crisis for REITs, according to The Real Deal. These are among today’s...
