Real estate CEO says NYC will overcome crisis — the city"s obituary "has been written many times"
"The social, human interaction that has always been part of the strength of New York City will come back," said William Rudin, CEO and co-chairman of Rudin Management Co......»»
Here"s what the new normal for office space in NYC may look like
Bill Rudin of Rudin Management joins CNBC's Kelly Evans to discuss the path forward for office space in New York City as employees work from home amid the coronavirus pandemic......»»
Worst-performing S&P 500 sector this month is no-touch right now, traders agree
The S&P 500 has come under pressure this month, and it's been even worse for one of its sectors: REITS. Two traders say it could get worse......»»
Mortgage rates just hit another record low
A weaker-than-expected read on April's coronavirus-affected retail sales released Friday contributed to the decline, as investors moved into the relative safety of the bond market, pushing yields down......»»
Phones at real estate offices in southern Connecticut are "ringing off the hook," governor says
"People are realizing that telecommuting doesn't mean you have to be in New York City five days a week," Connecticut Gov. Ned Lamont told CNBC on Friday......»»
Manhattan new rentals plunge 71% as coronavirus freezes the market
New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze during the coronavirus pandemic and more residents left the city, according to a new report......»»
Fewer borrowers are asking for mortgage relief, but that could change with bailout improvements
Borrowers are still piling into government and private lender mortgage relief programs, but the pace is finally slowing......»»
Companies can"t operate wholly remotely but may question how much space they need post-coronavirus, strategist says
David Marchant, CIO of Canada Life Investments, discusses the commercial real estate sector......»»
Coronavirus: Homeowners in mortgage forbearance rise, but pace slows
CNBC's Diana Olick reports the latest information on the number of mortgage loans in forbearance amid the coronavirus pandemic......»»
Peter Thiel"s New Zealand estate lies neglected as coronavirus drives preppers into hiding
Billionaire Peter Thiel bought a 193-hectare plot in Wanaka on the South Island of New Zealand half a decade ago, but he is yet to build anything on it......»»
REITs down 20% in 2020, here are two experts on whether there"s still value
Michael Bapis of Vios Advisors at Rockefeller Capital and Todd Gordon of Ascent Wealth Partners discuss the real estate stocks with Kelly Evans......»»
Housing Secretary Ben Carson on protections for renters, homeowners
Ben Carson, Secretary of Housing and Urban Development, joins "Closing Bell" to discuss how the Federal Housing Administration will extend an eviction and foreclosure moratorium due to the coronavirus pandemic......»»
The office sector will come back, but with some changes: Analysts
CNBC's Diana Olick reports on what the office space could look like post-coronavirus......»»
"Too early to write the epitaph" for office real estate, UBS analyst says
The heads of major companies are touting the viability of their employees working from home, but others say the office market will survive the coronavirus......»»
She had six days to makeover this $3.5 million townhouse — here"s how she pulled it off
Spruce and Wright interior designer Lesa Wright McHale transforms a $3.5 million Brooklyn townhouse in less than a week......»»
It"s "too early to write the epitaph" for office real estate, UBS analyst says
As the heads of major companies like Morgan Stanley and Berkshire Hathaway tout the viability of their employees working from home for the long term, others say the office market will survive the coronavirus......»»
The jobs recovery could be choppy, with some coming back quickly and others lost forever
Construction and manufacturing may be some of the quickest sectors to regain jobs, experts say, but the hospitality industry may have more difficulty......»»
Elon Musk appears to be selling more California properties after pledging to "own no house"
Tesla billionaire Elon Musk appears to be selling more homes from his California property portfolio on real estate website Zillow......»»
What negative interest rates would mean for your wallet
As the economy craters, here's a look at what cutting interest rates below zero would mean for everyday Americans......»»