The New York Times asks if getting rid of highways would help revitalize U.S. cities. Recode predicts a rebound in summer travel for resort hotels. These are among today’s must reads from around the commercial real estate industry.
In the challenge to make offices both COVID-19-safe and attractive places to work, firms have been experimenting with working arrangements and space while employees toiled at home.
A lot more is riding on the plan for a skyscraper atop the Herald Square store than an office tower and neighborhood revitalization.
There are some concerns about potential overbuilding, but by and large investor interest in the sector has returned to pre-pandemic levels.
