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Councilman to introduce commercial rent stabilization plan

China and the U.S. have agreed to roll back “In the past two weeks, top negotiators had serious, constructive discussions and agreed to remove the additional tariffs in phases as progress is made... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Office sharing startup WeWork paid 80% of April and May rent but wants to pay it all, CEO says

"The remaining locations, we're just in discussions with our landlords in a friendly way, and therefore we plan to make whole on our entire obligation," WeWork CEO Sandeep Mathrani told CNBC on Monday......»»

Category: realestateSource: cnbcMay 12th, 2020

WeWork paid 80% of its rent obligations and collected 70% from clients, CEO says

"The remaining locations, we're just in discussions with our landlords in a friendly way, and therefore we plan to make whole on our entire obligation," WeWork CEO Sandeep Mathrani told CNBC on Monday......»»

Category: realestateSource: cnbcMay 12th, 2020

Can"t pay rent for your business? Don"t do this, attorney says

Winnie Ward, an attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»

Category: topSource: bizjournalsMay 10th, 2020

Rent board OKs initial plan to freeze payments on most regulated apartments

The Rent Guidelines Board is ready to  ’s .    The board voted 5-4 Thursday night in favor of a plan to bar rent increases on all one-year leases for stabilized apartments, to freeze rent in the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 10th, 2020

Time is money — and commercial tenants are running out of both

Commercial landlords are in a bind with some tenants unable to pay their rent in full and others just refusing to pay at all......»»

Category: topSource: bizjournalsMay 8th, 2020

AOC leads new effort to cancel rent

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

What you need to know as you plan to bring employees back to the office post-Covid-19

A New York executive at commercial real estate brokerage Cresa shares his predictions for what the office space of the future will look like and what tenants need to start thinking about now as they plan their return......»»

Category: topSource: bizjournalsMay 4th, 2020

Major landlords working on plan to help tenants pay rent

Major city landlords are working with real estate and affordable-housing groups on a plan to help tenants pay their rent, Jeffrey Levine, chairman of Douglaston Development, told Crain's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 2nd, 2020

Can"t pay May rent for your business? Don"t do this, attorney says

Winnie Ward, a Sacramento attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»

Category: topSource: bizjournalsMay 1st, 2020

Seek rent relief if your business really needs it — advice from the CRE brokerage community

As the coronavirus continues to wreak havoc on the world’s population and the global economy, the commercial real estate industry faces its greatest challenge since the Great Recession. One of the most pressing issues for CRE professionals is the r.....»»

Category: topSource: bizjournalsMay 1st, 2020

Force majeure unlikely to help Hawaii tenants affected by Covid with rent relief

Force majeure — the literal meaning is a superior force — typically applies to a major event that prevents one party from fulfilling the terms of a contract, in the case of commercial real estate, a lease......»»

Category: topSource: bizjournalsApr 30th, 2020

City"s major landlords working on plan to help tenants pay rent

Major city landlords are working with real estate and affordable housing groups on a plan to help tenants pay their rent, chairman of Douglaston Development Jeff Levine told Crain's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 30th, 2020

After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B

Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a $4.2 billion commercial aerospace tie-up amid the coronavirus crisis......»»

Category: topSource: reutersApr 26th, 2020

European Union Shapes COVID-19 Stabilization Plan: "Details Have To Be Worked Out"

European Union leaders debated hard to reach an agreement on the structure of an economic recovery program. read more.....»»

Category: blogSource: benzingaApr 24th, 2020

Plan unveiled for redevelopment of Ramsay McCormack Building in Ensley

A developer is moving forward on a $11.4 million project in Ensley’s commercial business district that could serve as a catalyst for further activity in the area......»»

Category: topSource: bizjournalsApr 23rd, 2020

Fight over commercial rent gets ugly with default wave looming

Tension is rising in the messy fight over commercial rent payments. With stores shuttered across the U.S., struggling retailers are skipping rent and asking for concessions, while landlords are... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

Fight over commercial rent gets ugly as default wave looms

Tension is rising in the messy fight over commercial rent payments......»»

Category: topSource: moneycentralApr 17th, 2020

Wall Street gains on Boeing, Trump"s restart plan

Wall Street bounced on Friday as Boeing said it would resume production of commercial jets, with investors also cheering President Donald Trump's plan to reopen the economy and on hopes of a potential drug by Gilead Sciences to treat COVID-19......»»

Category: topSource: reutersApr 17th, 2020

Boeing, Trump"s restart plan boost Wall Street

Wall Street bounced on Friday as Boeing said it would resume production of commercial jets next week, with investors also cheering President Donald Trump's plan to reopen the economy and on hopes of a potential drug to treat COVID-19......»»

Category: topSource: reutersApr 17th, 2020

How NM landlords, tenants are navigating missed rent due to COVID-19

The fallout from COVID-19 could change how clauses are determined in commercial leases moving forward......»»

Category: topSource: bizjournalsApr 16th, 2020