Deals & DealmakersFeatured Hampshire JV pays $31M for NJ shopping center REW May 8, 2020 May 8, 2020 by REWMay 8, 2020May 8, 20203019 Cushman & Wakefield brokers sale of necessity-based retail property
Construction & DesignFeatured One million construction workers axed in April REW May 8, 2020 May 8, 2020 by REWMay 8, 2020May 8, 20204007 Without new federal help, AGC says construction industry wont be able to recover any time soon.
CoronavirusFeatured Landlords kicked when they’re down, says RSA REW May 8, 2020 May 8, 2020 by REWMay 8, 2020May 8, 20202122 Owners accuses RGB of using pandemic crisis as an excuse to enact politically-motivated rent freeze.
CoronavirusFeatured Cuomo extends eviction moratorium, promises help for landlords REW May 7, 2020 May 7, 2020 by REWMay 7, 2020May 7, 20202753 Vague on details, Cuomo pushes dates back to Aug. 20 saying, 'In the interim, everyone is making do.'
Deals & DealmakersFeatured Bow Street pushes four more members on Mack-Cali REW May 6, 2020 May 6, 2020 by REWMay 6, 2020May 6, 20202437 Activist investor nominates its own Akiva Katz as it pushes to take control of the New Jersey-based REIT
Construction & DesignFeatured Marx Realty unveils post-COVID-19 plan for 545 Madison REW May 6, 2020 May 6, 2020 by REWMay 6, 2020May 6, 20202904 $24 million renovation will focus on form and function as well as health and wellness
FeaturedRetail LI department store to become last-mile warehouse REW May 6, 2020 May 6, 2020 by REWMay 6, 2020May 6, 202010455 With the retail industry stressed and industrial space in Nassau County boasting historically low vacancy rates, Sanders Equities see warehouse as highest and best use of Century 21 store
FeaturedRetail Shopping center owners roll out re-opening plans REW May 6, 2020 May 6, 2020 by REWMay 6, 2020May 6, 20202755 Long Island-based Kimco Realty and Federal Realty among retail owners planning curbside pickup programs to meet strict state health requirements
Debt & EquityFeatured Lenders to borrowers: If you need help, ask REW May 6, 2020 May 6, 2020 by REWMay 6, 2020May 6, 20201550 Despite being worried about making payments, survey finds most mortgage holders have not contacted their lenders to discuss payment relief.
Featured Stringer says NYC shortchanged by Trump REW May 5, 2020 May 5, 2020 by REWMay 5, 2020May 5, 20203153 City got $8,500 per COVID case while states such as Montana, with 457 cases, got $2.7 million per case.