Debt & Equity
CPC announces $20M lending line for minority developers
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One of New York’s biggest real estate lenders has $20 million to give away to minority developers. The Community Preservation Corporation (CPC) just announced
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DOL to pay extra six weeks of COVID unemployment benefits
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The New York State Department of Labor today announced that New York has paid nearly $1.9 billion in Lost Wages Assistance (LWA) benefits to 2.
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City steps up street cleaning as workers remain anxious about returning
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Mayor Bill de Blasio announced new initiatives to bolster the city’s sanitation and street cleanliness efforts. “New Yorkers deserve clean, safe communities
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Helping New York reopen safely and get people back to work
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By Howard Rothschild New York is hurting. Over the past several months most of us have been confined and isolated while the COVID-19 pandemic swept through our City.
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Aim low: European investors lose appetite for risk
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The coronavirus crisis has led to a significant shift in the investment strategies of institutional real estate investors. “Lower risk, lower return” is
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Colliers helping its retail clients set up online stores
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Colliers has launched a new partnership with Shopify to help their struggling retail clients set up online stores. The partnership will offer the brokerage
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Congressmen offer CRE sector some HOPE
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New legislation has been introduced in the House of Representatives would provide economic support to the commercial real estate market, especially for
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Most NYC restaurants behind in rent, survey finds
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A survey released today by the NYC Hospitality Alliance details the latest data on the state of New York City’s devastated hospitality industry.
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Partners produce pre-fab classrooms to help get kids back to school
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Modular construction pioneer SG Blocks is partnering with Grimshaw architects to create pre-fab classrooms to help schools reopen as the nation battles
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Rent collections improve as New York reopens
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The slow reopening of the economy in New York City appears to have led to a slight improvement in residential rent collection for July, although it is
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As New York enters phase four, BIDS call for more small biz aid
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New York City began phase four of its COVID reopening plan today (Monday) with Governor Andrew Cuomo urging residents to remain vigilant as the virus ravages
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City to re-start ULURP process
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Mayor Bill de Blasio has bowed to pressure to restart the land use process that can help major New York development projects move forward.