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REBNY launches Coronavirus Resource Hub website for the real estate industry

New York, NY The Real Estate Board of New York (REBNY), the city’s leading real estate trade association launched a Coronavirus (COVID-19) Resource Hub website available to the real estate industry regardless of their membership status

An update from NYREJ

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

New York State Empire State Development narrows construction exempt from workforce reduction order

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

Eastern Union launches broker app for remote COVID-19 conditions

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

Outpost Club creates special housing for traveling doctors and nurses amid COVID-19 crisis

New York, NY Locally-based real estate company Outpost Club, which operates 25 co-living communities across three states, will make new, dedicated housing available to the traveling doctors and nurses descending on New York, New Jersey and California who are assisting in the frontline efforts to treat coronavirus (Covid-19) patients.

NAIOP: $2 trillion economic stimulus bill designed to provide relief

New York, NY This morning, Senate and House leaders and the White House reached agreement on a $2 trillion economic stimulus bill designed to provide relief to individuals, businesses, and state and local governments. Coupled with steps taken by the Federal Reserve, these unprecedented actions are

Managing cash flow and liquidity during the crisis - by Marcus Hahn

For companies large and small, things are not simply business as usual right now. In the wake of the COVID-19 pandemic, businesses of all sizes have been forced to adjust on the fly. Given the uncertainty of the current economic climate, it is imperative for companies to find ways to

Common provides "The Ultimate Social Distancing Guide" for roommates - by Kendra Lehner

Over the past few weeks, the term “social distancing” has become a regular part of our vocabulary…and for good reason. However, many are still grappling with the term and trying to understand how to integrate this concept into their daily life and relationships while remaining physically and mentally healthy.