Governor Ned Lamont (Getty)
Tri-State
Apr 20, 2021

Connecticut set to lift Covid restrictions on businesses

Photo illustration of Senate Majority Leader Mitch McConnell and Speaker of the House Nancy Pelosi (Getty, iStock)
National
Dec 22, 2020

What the new stimulus means for restaurants, indie movie theaters

Social distancing compliance expenses and property damage from civil unrest now eligible for forgiveness
Secretary of the Treasury Steven Mnuchin and Administrator of the Small Business Administration Jovita Carranza (Getty; iStock)
New York
Oct 1, 2020

PPP loan forgiveness to begin within the coming week: SBA

Process of getting loans has been unexpectedly complex
(iStock)
New York
Jul 13, 2020

TRD Insights: Real estate’s most prolific PPP banks

JPMorgan dominated in delivering the forgivable federal loans to the industry
From left: Gaw Capital Partners’ Goodwin Gaw, Howard Lorber of New Valley Group, Oyo CEO Ritesh Agarwal, Soho House's Ron Burkle, and Steven Witkoff of Witkoff Group (Getty)
New York
Jul 8, 2020

TRD Insights: These hotel businesses got big PPP funding

Gaw Capital’s Standard High Line in NYC, Steve Witkoff and Howard Lorber’s West Hollywood Edition in LA and SoftBank-backed Oyo Hotels among scores that each received $5M+
Sterling Bay’s Andy Gloor and Baird & Warner’s Steve Baird
Chicago
Jul 7, 2020

Baird & Warner, Sterling Bay secured big PPP funds

Statewide, 4K companies received loans of $1M or more through federal program, government data shows
CIM Group’s Shaul Kuba, Knotel's Amol Sarva, Related Group’s Jorge Pérez and The Agency’s Mauricio Umansky (Getty, Sarva by Sasha Maslov, iStock)
New York
Jul 6, 2020

These real estate companies got fat PPP loans

New data shows brokerages, landlords, hotels, architecture and construction firms among those receiving forgivable loans of $1M or more
Governor Andrew Cuomo (Getty)
New York
Jun 8, 2020

New York City’s reopening has officially launched

Construction sites, non-essential retailers and manufacturing good to go Monday
(Credit: iStock)
New York
May 26, 2020

Loophole allowed big-name landlords to get bailout funds

The Small Business Administration specifically excluded companies that primarily develop, lease real estate
House Speaker Nancy Pelosi and Senate Minority Leader Charles Schumer (Photo by MANDEL NGAN/AFP via Getty Images)
New York
Apr 21, 2020

PPP 2.0: Congress, White House agree on $310B in new funding

Real estate got 3% of initial Paycheck Protection Program loans; $484B package also funds hospitals, testing
Here’s what real estate received from the PPP program: SBA report
New York
Apr 18, 2020

Here’s what real estate received from the PPP program: SBA report

Money slated for New York covers just 40% of eligible payroll
Commission advance companies have helped tens of thousands of brokers manage cash flow crunches over the past decade. But can they handle coronavirus? (Illustration by The Real Deal)
New York
Apr 14, 2020

“I don’t want to chase money from a desperate person”: Commission advancers pull back on broker lending

Transaction volume has plummeted since mid-March for the alternative financing service that provides agents with cash upfront for in-contract deals
President Donald Trump, Small Business Administrator Jovita Carranza and Secretary of Treasury Steve Mnuchin (Credit: Win McNamee/Getty Images)
New York
Apr 6, 2020

Brokers must wait to tap SBA forgivable loan lifeline

Independent contractors can start applying Friday for the first-come, first-served paycheck protection program
Columbia University
New York
Mar 20, 2020

Columbia offers small businesses free rent for April and May

University hopes move will help tenants through coronavirus pandemic
Mayor De Blasio distributes information on the coronavirus (Credit: Jeenah Moon/Getty Images)
New York
Mar 10, 2020

As coronavirus impacts small businesses, city offers financial relief

Offers include small grants and interest-free loans of up to $75K