NYC Landlords Reportedly Press Big Tenants to Come Back to Work

There are fears that if workers don’t come back soon, many will never come back.

       

source https://feeds.feedblitz.com/~/634314978/0/globest/new-york~NYC-Landlords-Reportedly-Press-Big-Tenants-to-Come-Back-to-Work/

JP Morgan Asset Management Provides $80M Refi for Yonkers Warehouse

Cushman & Wakefield served as the exclusive adviser to Alfred Weissman Real Estate in the deal.

       

source https://feeds.feedblitz.com/~/634094322/0/globest/new-york~JP-Morgan-Asset-Management-Provides-M-Refi-for-Yonkers-Warehouse/

Blackstone’s NJ Multifamily Leases in Record Time

Striker Leasing exclusively leased the 180-unit, luxury apartment development within four months.

       

source https://feeds.feedblitz.com/~/634031666/0/globest/new-york~Blackstone%e2%80%99s-NJ-Multifamily-Leases-in-Record-Time/

CBRE Takes Additional 44,000-SF at 200 Park Ave.

The real estate services firm now occupies more than 215,000 square feet there.

       

source https://feeds.feedblitz.com/~/634001240/0/globest/new-york~CBRE-Takes-Additional-SF-at-Park-Ave/

Extell Unveils East Harlem Class A Office

Cushman & Wakefield have been tapped to lease the 441,600-square foot office building this Fall.

       

source https://feeds.feedblitz.com/~/633917890/0/globest/new-york~Extell-Unveils-East-Harlem-Class-A-Office/

July Foreclosure Filings Again Trended Down Amid Pandemic

Foreclosures are "artificially low" due to federal and state moratoriums and will significantly increase when those expire, but it’s unlikely default rates will reach the levels of the 2008 recession.

       

source https://feeds.feedblitz.com/~/633825380/0/globest/new-york~July-Foreclosure-Filings-Again-Trended-Down-Amid-Pandemic/

Urban Housing Markets Keep Pace With Suburbs, With a Few Major Metro Exceptions

"When you step back and look at the bigger picture, it seems that those writing off urban real estate have done so prematurely."

       

source https://feeds.feedblitz.com/~/633824928/0/globest/new-york~Urban-Housing-Markets-Keep-Pace-With-Suburbs-With-a-Few-Major-Metro-Exceptions/

COVID-19 Slowdown Cuts Apartment Construction by 12%

In 2019, there were 321,000 units, but this year, there will only be 283,000, which is a 12% decrease, said a report by RENTCafe Blog.

       

source https://feeds.feedblitz.com/~/633823588/0/globest/new-york~COVID-Slowdown-Cuts-Apartment-Construction-by/