The Kaufman Organization, AXA Investment Deploy $200M In Midtown South

Real estate investment firms The Kaufman Organization and AXA Investment Managers have planted the flag in Midtown South, deploying $200 million in acquisitions, which include two office properties.

       

source https://feeds.feedblitz.com/~/620302804/0/globest/new-york~The-Kaufman-Organization-AXA-Investment-Deploy-M-In-Midtown-South/

CRE Stakeholders Fire On All Cylinders, Limit Risk-Exposure In Coronavirus Crisis

The coronavirus pandemic has led to market contractions that have landlords calling their most trusted advisors for the next steps to take to limit their risk exposure. As the days of social isolation add up, tenants will seek rent relief and landlords will have to prepare on how to respond.

       

source https://feeds.feedblitz.com/~/620301328/0/globest/new-york~CRE-Stakeholders-Fire-On-All-Cylinders-Limit-RiskExposure-In-Coronavirus-Crisis/

Residential, Commercial Service Workers Receive Resources Amid Coronavirus Pandemic

The Realty Advisory Board on Labor Relations (RAB) and service workers union 32BJ have reached an agreement on a package of protections and extended health benefits for residential and commercial building service workers during the current coronavirus pandemic.

       

source https://feeds.feedblitz.com/~/620257372/0/globest/new-york~Residential-Commercial-Service-Workers-Receive-Resources-Amid-Coronavirus-Pandemic/

Despite Coronavirus-Recession Concerns, Affordable Multifamily Investors Tout Their Resiliency

The current economic landscape and public health crisis born from the coronavirus has spelled uncertainty for real estate investors across all asset classes, however, multifamily investors are strong in their belief that affordable housing will prevail.

       

source https://feeds.feedblitz.com/~/620256118/0/globest/new-york~Despite-CoronavirusRecession-Concerns-Affordable-Multifamily-Investors-Tout-Their-Resiliency/

Pair of Upper Eastside Properties Change Hands

A pair of mixed-use buildings in the Lenox Hill neighborhood of Manhattan’s Upper East Side has changed hands. Located at 1364 and 1368 York Ave., the properties sold for $13.85 million. Jones Lang LaSalle represented the seller in the transaction.

       

source https://feeds.feedblitz.com/~/620256990/0/globest/new-york~Pair-of-Upper-Eastside-Properties-Change-Hands/

The Hamptons Become a Coronavirus Hide-Out

Renters are flocking to the Hamptons upstate New York for cover from the coronavirus in the five boroughs, which appear to pose more risk for contraction because of the high-density neighborhoods, Eddie Shapiro, founder of brokerage firm Nest Seekers, tells GlobeSt.com.

       

source https://feeds.feedblitz.com/~/620256618/0/globest/new-york~The-Hamptons-Become-a-Coronavirus-HideOut/

Final Days to Nominate for CRE’s Women of Influence

Nominations for the series close next week on April 3rd. Be sure to submit your entries in time! Chosen individuals will be recognized at our GlobeSt. Women of Influence Awards Dinner in Park City, Utah on July 23.

       

source https://feeds.feedblitz.com/~/620231648/0/globest/new-york~Final-Days-to-Nominate-fornbspCRE%e2%80%99s-Women-of-Influence/

Bed Bath & Beyond to Temporarily Close All Stores

However, the firm also reported that is buybuy BABY and Harmon Face Values (Harmon) stores would remain open subject to state and local regulation in order to service essential infant, health and personal care needs.

       

source https://feeds.feedblitz.com/~/620213166/0/globest/new-york~Bed-Bath-Beyond-to-Temporarily-Close-All-Stores/