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PropTech
Real Estate Tech hit hard
March 25, 2020News reports surrounding the real estate tech space continue to suggest that many startups are fundamentally traditional businesses...
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Politics
Fed seeks to stabilize credit markets
March 25, 2020The Central Bank unveiled a new generation of lending facilities to prevent a liquidity crunch from turning into...
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Politics
Stimulus bill stalls
March 23, 2020Senate Democrats blocked a stimulus bill designed to blunt the economic impact of the coronavirus pandemic, after...
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Roundup
Real Estate Roundup 3.23.20
March 23, 2020Real Estate Roundup: Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment...
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PropTech
WeWork vs. SoftBank
March 23, 2020Independent WeWork board members have spent recent days weighing their options, including legal remedies, after SoftBank indicated it...
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Politics
Lease clauses and coronavirus
March 23, 2020Legal questions surrounding leases and coronavirus: Does this fall under the category of “force majeure”? Such...
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Roundup
Real Estate Roundup 3.20.20
March 20, 2020Real Estate Roundup: New York City is working with the hospitality industry to possibly convert entire...
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Roundup
WeWork in distress
March 20, 2020Lenders appear to have become increasingly skittish about whether WeWork can repay the $675 million it borrowed in...
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Politics
Marriott begins to furlough employees
March 20, 2020Marriott International, the world’s largest hotel company with nearly 1.4 million rooms world-wide, said it is...
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PropTech
WeWork’s future is bleak
April 2, 2020SoftBank Group has officially pulled out of its deal to buy $3 billion worth of shares...
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Roundup
Real Estate Roundup 4.3.20
April 3, 2020Real Estate Roundup: Gourmet grocer Dean & Deluca has filed for bankruptcy with plans to reopen...
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Financing
Bleak economic outlook
April 3, 2020A record 6.6 million Americans applied for unemployment benefits last week as the new coronavirus struck the U.S....
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Politics
State says virtual tours only
April 3, 2020New York State has clarified its position on residential and commercial showings, saying that while they have...
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Politics
Court of Appeals rules on J-51
April 3, 2020The New York Court of Appeals has ruled in landlords’ favor that the Housing Stability and Tenant Protection...
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PropTech
The Wing slashes staff
April 6, 2020The Wing has cut about half of its 150 full-time staff members and nearly all of...
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