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Property tax relief a band-aid solution to bigger problem, says industry

New York landlords have welcomed the city’s first attempt at property tax relief as a step in the right direction. But they have said the City Council needs to do more to protect property owners whose rent revenu.....»»

Category: realestateSource: realestateweeklyJun 30th, 2020

City hotel industry needs property tax relief too

That the Covid-19 pandemic…; has decimated a vast array of businesses and institutions is self-evident to anyone who has ventured onto the streets of the Big Apple since March 22, the day the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 2nd, 2020

Government solution is needed for property owners and renters

By Francis Greenburger The anxiety and concern driving the #cancelrent movement is real and justified, but giving rent relief to those that don’t need it makes no sense. Those requesting relief should be asked to provide financial informati.....»»

Category: realestateSource: realestateweeklyMay 22nd, 2020

Landlords say property owners shouldn"t be excluded from federal relief

Landlords say they need federal help to avoid a devastating blow to the housing system, as and leaves hundreds of thousands of city households without the . The problem, the landlords say, is that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Small business relief available, shelter-in-place not needed, say WMC webinar panelists Hughes, Evers

“It would be our goal to have economic activity be part of the solution and not part of the problem,” Wisconsin Gov. Tony Evers said during a Wednesday afternoon webinar hosted by the Wisconsin Manufacturers & Commerce. With the governor issu.....»»

Category: topSource: bizjournalsMar 18th, 2020

Is there a trust problem among ETFs?

Just like any invention, exchange-traded funds require innovation, seed money, time and effort to launch. And some industry participants think they need a special level of protection for the intellectual property that goes into the process......»»

Category: topSource: marketwatchDec 3rd, 2019

EVs have a sales problem. One possible solution: Make them bigger

A growing number of carmakers will a.....»»

Category: topSource: latimesNov 22nd, 2019

The absurdly high cost of insulin, explained

Cigna, a major insurer, is capping monthly insulin costs at $25. It’s a Band-Aid on a much bigger problem......»»

Category: topSource: moneycentralApr 4th, 2019

Restaurants Are Facing A Labour Crisis As Teenagers Abandon After-School Jobs

Though it might sound counter-intuitive, the minimum wage hikes that are happening across the US in 2019 aren't the biggest employment-related threat to the restaurant industry and its bottom line. A bigger problem - surprisingly.....»»

Category: blogSource: zerohedgeJan 8th, 2019

Council"s property-tax relief bills don"t go far enough, landlords say

could finally be granted this year for some  in New York City. Last week the City Council passed two bills for owners who can document income or value-related loss in their buildings because... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 2nd, 2020

Triad hotels seek various types of relief in midst of pandemic

As Triad area hotels seek property tax relief and revaluation, state hotel organization leaders says hospitality operators need cash, not more debt......»»

Category: topSource: bizjournalsJun 26th, 2020

King County OKs tax relief plan, eviction ban modeled after Seattle

The date for property tax payments already was extended a month to June 1, and since then the county's economy tanked with unemployment up to 15.8%......»»

Category: topSource: bizjournalsJun 24th, 2020

8 must reads for the AEC industry today: June 24, 2020

1. WATG designs solution for isolating without sacrificing social conne.....»»

Category: realestateSource: bdcnetworkJun 24th, 2020

Market Extra: Lockdowns ease in New York City and other major cities, but commercial real estate still tied in knots

Buildings may be opening back up, but distress is evident behind the scenes as tenants clamor for rent relief, landlords fall behind on their mortgages and property values drop......»»

Category: topSource: marketwatchJun 23rd, 2020

The hotel-sized hole in Minnesota government budgets is getting even bigger

The Covid-19 pandemic has been a wrecking ball for the hospitality industry, and it's leaving a big hole for governments that rely on the hotel business for tax revenue. A new report from Oxford Economics, released by the American Hotel & Lodging Associa.....»»

Category: topSource: bizjournalsJun 23rd, 2020

Market Extra: COVID-19 has commercial real estate tied in knots, as lockdowns ease in New York City and other major cities

Buildings may be opening back up, but distress is evident behind the scenes as tenants clamor for rent relief, landlords fall behind on their mortgages and property values drop......»»

Category: topSource: marketwatchJun 22nd, 2020

$120B federal relief package for independent restaurants could help restaurateurs left behind by PPP

The restaurant industry has been hit particularly hard during the pandemic......»»

Category: topSource: bizjournalsJun 22nd, 2020

Outside the Box: Why government is the solution, not the problem, for a weary and worried post-pandemic world

Some countries will try to go it alone, but free trade and open economies are the sure path to growth......»»

Category: topSource: marketwatchJun 22nd, 2020

Alternative financing source helps revitalize the CRE market

The economic challenges from the Covid-19 outbreak have completely upended the commercial real estate industry, leaving property owners and developers wondering how they will complete their capital stack, finance much-needed deferred maintenance pro.....»»

Category: topSource: bizjournalsJun 18th, 2020

Alternative financing source helps revitalize the CRE market

The economic challenges from the Covid-19 outbreak have completely upended the commercial real estate industry, leaving property owners and developers wondering how they will complete their capital stack, finance much-needed deferred maintenance pro.....»»

Category: topSource: bizjournalsJun 18th, 2020

Five things every real estate project should be doing right now

By Alex Elkin It’s been a week since construction on non-essential projects began again in New York City under Phase I of the state’s reopening plan. Not surprisingly, the industry has breathed a collective sigh of relief,.....»»

Category: realestateSource: realestateweeklyJun 17th, 2020