REBNY launches coronavirus resource hub
Includes Overview of Key Federal Stimulus Provisions in the CARES Act Specifically Targeted for the Real Estate Community
Category : Featured
How coronavirus brought Manhattan home sales to a screeching halt
After a promising start to the year, sales in March dropped 42 percent.
DOB releases real-time map of essential construction sites
To help implement the ban on non-essential construction due to the COVID-19 pandemic, DOB’s new map tool identifies essential or emergency construction sites which are allowed to continue working
IPG, Square Mile secure $305M loan for logistics facility
Consctruction finance secured for one million square foot, last-mile logistics center situated on 20 acres in the Bronx.
Paramount Group to sell stake 1633 Broadway
Deal valus trophy tower at $2.4 billion
State lifts ban on property showings
Brokers, home inspectors and appraisers deemed essential to New York’s economy during COVID-19 crisis,
Unemployment claims jump by 2,700 percent
Huge surge in claims leading to long delays, slow processing
Profit sharing model could save mom and pop shops from COVID closure
PropTech entrepreneur believes he has win-win solution for retail reset
Mortgage holders catch break as Cuomo tells banks to back off
Banks ordered to work with residential mortgage holders struggling to pay their bills as a result of unemployment or pay cuts caused by corona virus crisis.
WeWork tells investors it can beat virus
Knotel, Convene, Lyric, The WIng are coronavirus casualties, but WeWork believes it can buck the space sharing trend emerging during pandemic