A little over a month after DBRS Morningstar declared that WeWork’s survival following the pandemic was ‘questionable,’ chairman Marcelo Claure says the coworking provider is on track to be profitable in 2021.
In a recent interview with the Financial Times, […]Read more
The latest brand to succumb to the pandemic’s effects is Brooks Brothers, which filed for Chapter 11 bankruptcy protection in a Delaware court last week. The upscale men’s clothing chain is the oldest in the U.S., founded 202 years ago as a […]Read more
The coronavirus has had a terrible impact on the retail sector and hospitality and tourism. But these aren’t the only industries that have suffered. The commercial property industry also took a toll during these past few months.
According to recent […]Read more
There’s no doubt that the COVID-19 pandemic has triggered a shift in the world order, leaving a permanent mark on every aspect of our lives. The new coronavirus has already changed how we relate to and communicate with each other, […]Read more
The COVID-19 pandemic is already having a massive impact on the global economy. In just a few months, most industries have been affected, with the retail and restaurant sectors taking the biggest hit.
The New York City lockdown put the […]Read more
The spread of the new coronavirus has already had a massive impact on the global economy and has forever changed the way we work and do business. In an attempt to stop the spread of the virus, non-essential activities closed […]Read more
There’s no denying that the emergence of COVID-19 has caused a tectonic shift in the world order. Whether we’re aware of it or not, the global economy and the way that we do business have changed forever, and this pandemic […]Read more
Residential Tenants No Longer Have to Pay Broker Fees in NYC
[Update: As of Feb 11, 2020, tenants still have to pay broker fees due to a temporary restraining order issued by justice Michael Mackey of the New York Supreme […]Read more
Many entities rely on investment banks to help them with their commercial real estate projects. Whether it’s about analyzing factors like risk, location and overall scope of projects—anything from new constructions to acquisitions, types of assets, and the potential for […]Read more
PropTech (property technology) is a collective term used to describe nay technology used in the real estate space. From software and hardware to materials or manufacturing, PropTech has been helping real estate professionals deliver better results for the past almost […]Read more
In the past couple of years, we’ve been hearing more and more about “big data,” “machine learning,” “predictive analytics” and how these new technologies are going to make a significant impact across every industry. But how likely is that to […]Read more