Macy’s in Herald Square and CEO Jeff Gennette (Credit: Google Maps, D Dipasupil/FilmMagic via Getty Images) Macy’s Inc. will be furloughing most of its employees, starting this week, as Covid-19 continues to batter businesses large and ...
Blackstone-owned Homewood Suites by SF airport (Credit: Hilton and iStock) The coronavirus is being blamed for a $265 million hotel deal falling apart with the Blackstone Group suing the suddenly recalcitrant buyer. Six limited ...
The countywide initiative, which L.A. Mayor Eric Garcetti also tweeted out Sunday night, is seeking to buy hundreds of hotel rooms. (Credit: Scott Varley/MediaNews Group/Torrance Daily Breeze via Getty Images and Kevin ...
Almost 50,000 retail stores have closed across the country, and the restaurant industry has lost $25 billion in sales since March 1, (Credit: Getty Images) April 1 is looming large for businesses and individuals across the country, as ...
New Yorkers are booking vacation rentals outside the city (Credit: iStock) It’s no secret to New Yorkers hunkering down in the city: many of their neighbors are missing. New Yorkers have fled the city in droves, but where did they get ...
Washington State Governor Jay Inslee (Credit: John Moore/Getty Images) Washington Gov. Jay Inslee has put a halt to nearly all construction in his state to help stop the spread of coronavirus. Construction will stop at commercial and ...
Physical copies of paperwork is needed for most commercial real estate deals Broad economic anxiety isn’t all that’s tamping down on commercial real estate deals these days. States and municipalities across the country are shuttering ...
Web searches for terms including “homes for sale” are way down up north. (Credit: Pixabay) Canadians are not only done with open houses, it seems many aren’t even looking for new homes anymore. There were 38 percent fewer web searches ...
Bernie Sanders (Credit: Getty Images) Presidential candidate Bernie Sanders has thrown his weight behind Sen. Michael Gianaris’ rent-suspension bill. “Along with pausing mortgage payments, evictions, and utility shutoffs, we must place ...
Hometrack Managing Director David Ross and a view of Nottingham, England (Credit: Hometrack) The growing coronavirus pandemic has tanked housing demand in the United Kingdom. Demand fell 40 percent over the last week and the number of ...