Short-term rental industry is taking a hit, reports the Wall Street Journal. The New York Times looks at how the economy can survive. These are today’s must reads from around the commercial real estate industry.
The retailer is asking a judge to let it skip rent payments amid the coronavirus outbreak.
Andrew Schnissel is helping to get the word out and trying to connect landlords with the proper city authorities to meet COVID-19 related needs.
The company is laying off half of full-time staff and most of its hourly workers. Others have been put on furlough.
Tom Barrack’s political connections haven’t helped him overcome government wariness of bailing out non-band lenders.