Retail giant Amazon.com came under fire after reporting that almost 20,000 of its frontline workers, including from subsidiary Whole Foods Market, have been infected with COVID-19.
The pandemic could permanently close as many as a third of New York’s 230,000 businesses, according to the Partnership for New York City.
Outlet centers have not been spared the pandemic’s toll. But their open-air locations and focus on value are major advantages.
The fund will seek to deliver annual returns of 13 to 15 percent after fees by developing single-family and multifamily rentals outside gateway markets.
Landlords are growing more desperate as they struggle to fill apartments, offering months of free rent.
Silverstein Properties, JLL and KBS share what they’ve been doing to make tenants feel safe to return.
COVID-19 has highlighted the value of empathy and holistic planning.