Brooklyn, NY Despite the danger, some local neighbors are continuing to respond to emergencies and to provide vital maintenance services. While most people shelter inside, essential workers like Carlos Santos of Brownstone Property Group are venturing out to handle emergencies,
The NYREJ has been a trusted source for CRE news for the last 31 years. In that time we have seen our share of challenges that have affected the industry and the way we all operate. In each of those circumstances, we have successfully helped our readers and their businesses navigate
The Louis R. Cappelli Foundation pledges $200,000 to RXR Realty’s COVID-19 relief efforts in New Rochelle
New Rochelle, NY According to RXR Realty, the Louis R. Cappelli Foundation has pledged $200,000 to RXR’s COVID relief efforts in the city, for a total of $1.2 million to support organizations helping area residents impacted by the COVID-19 public health crisis. Funding will go towards
As most are aware construction was deemed an essential service exempt from the NYS Workplace Restriction Order. Today, the exemption concerning construction has changed. The NYS Empire State Development (ESD) updated the State’s Guidance on the Order and provided a new
Brooklyn, NY The COVID-19 pandemic is impacting every sector of the American real estate market. Eastern Union–one of the country’s leading commercial real estate finance firms–has publicly committed to step up and assist the property financing industry.
The Federal Reserve’s powers to pave the way for continued development and construction - by Trunkes and Peabody
As the Coronavirus has encapsulated the world, government go-aheads to construction firms are welcome relief to the industry. Lenders’ collective reaction to the current economic concerns is