As we look at the Coronavirus spreading with no immediate end in sight, the question is not whether it will adversely impact businesses; the question is how many companies will be affected and to what extent, Ailon Velger, chief product officer at property technology company Okapi, tells GlobeSt.com.
In the Woodstock neighborhood of the Bronx, a 22,230-square-foot, six-story, 28-unit mixed-use apartment building at 800 East 160th St. has come to market. Cushman & Wakefield is marketing the building, which operates under a J-51 tax abatement with 11 years remaining.
Some condo developers have abandoned selling units because they’ve only been able to sell 10 percent of the property to which they resort to renting the remaining 90 percent.
Landlords are leaning on operational data to identify Coronavirus vulnerabilities in their building portfolios.
New York-based real estate investment management firm Marx Realty has signed 84,000 square feet of new leases at 10 Grand Central since the announcement of the 36-story building’s $48 million repositioning in mid-2018.
“Our lives are all changing in ways that were unimaginable just a week ago,” New York City Mayor de Blasio stated.
Real estate services firm Cushman & Wakefield has appointed commercial real estate veteran Pay Wu as the New York Tri-State Regional Lead for Global Occupier Services.
Amazon has acquired WeWork's Lord & Taylor building at 424–434 Fifth Avenue between West 38th and 39th Streets in Manhattan for $1.1 billion.
Looking for Off Market Deals? https://robertkhodadadian.com/join-skyline-properties-investor-list/
