New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime is up and as many as a third of the city’s small businesses may never reopen.
The hedge fund wants to sublet about 30,000 sq. ft. of its 50,000-sq.-ft. offices at the NYC skyscraper.
Even in a market partially paralyzed by the pandemic, places with outdoor space are getting more looks than those without.
KBS CEO Chuck Schreiber discusses how the pandemic is changing tenant needs and what that means for office owners.
With unemployment levels still high and extended federal benefits now expired, more renters will have trouble staying current in the months ahead.
In the current climate, even an Amazon distribution center might be a more palatable choice than a boarded-up anchor retailer.
Many elected leaders enacted emergency bans on evictions as part of COVID-19 relief measures. Those have now come to an end in some states.
Firms with fewer than 500 employees account for 44 percent of U.S. economic activity and employ almost half of U.S. workers.
