National June 2020 Issue

Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19

With nationwide protests, boarded up stores and the ongoing threat of Covid-19, the country’s top real estate markets are deep in crisis mode

George Floyd died in Minneapolis on May 25 after being pinned down by three police officers — one of whom kept his knee on Floyd’s neck for eight minutes and 46 seconds. Footage of the brutal arrest sparked outrage across the county, setting off a wave of protests against police brutality and racism. Major cities such as New York and Los Angeles saw some of the most heated demonstrations. The… [more]

As Black Lives Matter protests rage on, NY real estate bleeds blue

UPDATED, 1:42 p.m., June 6: Each year, titans of real estate get out their tuxedos and checkbooks and head to a ritzy gala to support their favorite city agency: the… [more]

Is Covid taking the T out of TAMI?

For those in the very physical world of commercial real estate, recent news from one of the internet’s largest companies has been hard to swallow. Mark Zuckerberg’s announcement that many… [more]

City planning through a pandemic

Floor by floor, construction workers are dismantling JPMorgan’s 52-story office tower at 270 Park Avenue. And while their work represents the largest intentional demolition in New York City’s history, it… [more]

Brian Kingston on
Brookfield’s long game

Brookfield Property Partners CEO talks mall and office strategy, $5B retail relief plan and response to George Floyd protests

It’s been an especially busy few months for Canadian investment giant … [more]

By the numbers:
Viral and volatile times

Sizing up the the pandemic’s impact on real estate — and the industry’s response to George Floyd’s death — as U.S. cities reopen

Businesses and individuals are taking stock of their losses stemming from the… [more]

What would a WeWork bankruptcy look like?

In April, a Manhattan landlord who leases a large space to WeWork received an email from a broker who was working on behalf of the struggling co-working company to renegotiate… [more]

Submerged in securities: Many CMBS hospitality loans may be underwater soon

Carlos Rodriguez Sr. set off from Costa Rica nearly 25 years ago for what seemed like a surefire bet: developing and operating hotels in Florida, where both tourism and business… [more]

The Closing: Kathryn Wylde

Kathryn Wylde, president and CEO of the Partnership for New York City, considers herself an activist. She and her organization represent some of the biggest names in real estate, including… [more]

Editor’s note:
Our reality is virtual

A few weekends ago, sheltering in place from the coronavirus, witnessing  the looting in cities amid peaceful protests and watching the first manned commercial spaceflight in history, I thought how… [more]

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