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]

Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could the pandemic change that? (iStock)

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 of Facebook’s 48,000 employees...

Is Covid taking the T out of TAMI?
270 Park Avenue (Google Maps; iStock)

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 has come to signify...

City planning through a pandemic
Brian Kingston on Brookfield’s long game

Brian Kingston on Brookfield’s long game

It’s been an especially busy few months for Canadian investment giant Brookfield, which is upping its bets on everything from struggling chain stores to distressed real estate. Brian Kingston, CEO of Brookfield Property Partners,...

Brian Kingston on Brookfield’s long game
By the numbers: Viral and volatile times

By the numbers: Viral and volatile times

Businesses and individuals are taking stock of their losses stemming from the coronavirus pandemic, as reopenings begin in major cities across the country. The full impact has yet to be seen, as office buildings,...

By the numbers: Viral and volatile times
WeWork CEO Sandeep Mathrani (Wikipedia, iStock)

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 its office leases. “I...

What would a WeWork bankruptcy look like?
Kathryn Wylde (Axel Dupeux)

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 Blackstone, Vornado and Tishman...

The Closing: Kathryn Wylde
Editor's note: Our reality is virtual

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 future generations would probably...

Editor's note: Our reality is virtual

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