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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

Here"s what may be next for businesses skipping rent payments

Commercial rent may be in trouble as businesses struggle to make payments. Heather Long of The Washington Post joins CNBC's Kelly Evans to break down commercial retail rents......»»

Category: realestateSource: cnbcJun 4th, 2020

King County accelerates reopening some commercial activity under modified plan

The county has not yet met key criteria to enter Phase 2 of the state plan, and case counts are still unstable. So, the county executive will move forward with a revised approach......»»

Category: topSource: bizjournalsMay 29th, 2020

From bankruptcies to rent relief, here"s how retail landlords can prep for the coming fallout from Covid-19

The coronavirus pandemic has changed restaurants and retail forever. Here's how commercial property owners can prepare for the months to come......»»

Category: topSource: bizjournalsMay 26th, 2020

From bankruptcies to rent relief, here"s how retail landlords can prep for the coming fallout

The coronavirus pandemic has changed restaurants and retail forever. Here's how commercial property owners can prepare for the months to come......»»

Category: topSource: bizjournalsMay 22nd, 2020

"Empty doesn"t pay the bills"—Cramer says real estate owners should lower rent

CNBC's Jim Cramer says commercial real estate companies should cut rates for their customers as business owners decide what the future of work will look like in the aftermath of the coronavirus pandemic......»»

Category: realestateSource: cnbcMay 18th, 2020

Exclusive: Nissan"s survival plan for Europe: SUVs and sharing with Renault

Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters......»»

Category: topSource: reutersMay 18th, 2020

Nissan"s survival plan for Europe: SUVs and sharing with Renault

Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters......»»

Category: topSource: reutersMay 18th, 2020

With property taxes due Friday, most Twin Cities counties offer extensions

Many commercial property owners unable to collect rent and homeowners losing their jobs. Twin Cities counties have delayed the due date for first-half property taxes......»»

Category: topSource: bizjournalsMay 12th, 2020

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