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New York re-opening creates 42,000 construction jobs
07
New York added 42,000 construction jobs as the state began its phased re-opening in May, Data from the Associated General Contractors of America shows
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Industry executives take long view on COVID recovery
07
The coronavirus pandemic is likely to infect the city’s real estate sector well into next year, according to a new survey of C-Suite executives.
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Manhattan landlords cut $221 from monthly rent in Q2
07
As New York City faced the worst impacts of the coronavirus pandemic in the second quarter of 2020, the city’s real estate market reeled.
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Cuomo pours scorn on boozy bar owners
06
Governor Andrew M. Cuomo is getting tough on bars and restaurants in New York City who’ve been allowing maskless patrons to party outside their premises. “
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Extell gets a lift from Jersey Shore home sales
07
Extell Development Company announced it has sold 75 percent of the homes in its first New Jersey project. Residents began moving into The Lofts Pier Village–
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Jersey City becomes first in nation to scan residents for COVID
05
Jersey City is set to become the first city in the nation to scan its residents for COVID-19 as it battles back from the virus that has claimed the lives
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Businesses want to get back to work – on their terms
07
There have been many articles regarding the future of the office. Pundits are speculating about its new form and whether the office will even survive the
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How coronavirus has changed the lending markets
07
The New York City lending market has begun to find its sea legs.  After a 90-day immersion course in crisis underwriting, the banks of the New York
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Single-tenant giant Vereit reports strong COVID rent collections
07
Vereit, which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced it has been collecting the bulk
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House pushing to extend COVID unemployment payments
07
The House Select Subcommittee on the Coronavirus Crisis is calling on Congress to extend the $600 weekly federal unemployment benefit which is due to expire on July 31.
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Restaurants get more space to start Phase 2 reopening
07
Mayor Bill de Blasio has unveiled guidance for the City’s Open Restaurants program, which allows qualifying restaurants and bars to expand outdoor seating
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Rent stabilized landlords crushed by no-pay tenants
07
According to a survey of our membership, for a third straight month nearly one-quarter of all residential tenants paid no rent, and about two-thirds of