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Real estate CEO says NYC will overcome crisis — the city"s obituary "has been written many times"

"The social, human interaction that has always been part of the strength of New York City will come back," said William Rudin, CEO and co-chairman of Rudin Management Co......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Here"s what the new normal for office space in NYC may look like

Bill Rudin of Rudin Management joins CNBC's Kelly Evans to discuss the path forward for office space in New York City as employees work from home amid the coronavirus pandemic......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Worst-performing S&P 500 sector this month is no-touch right now, traders agree

The S&P 500 has come under pressure this month, and it's been even worse for one of its sectors: REITS. Two traders say it could get worse......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Mortgage rates just hit another record low

A weaker-than-expected read on April's coronavirus-affected retail sales released Friday contributed to the decline, as investors moved into the relative safety of the bond market, pushing yields down......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Phones at real estate offices in southern Connecticut are "ringing off the hook," governor says

"People are realizing that telecommuting doesn't mean you have to be in New York City five days a week," Connecticut Gov. Ned Lamont told CNBC on Friday......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Manhattan new rentals plunge 71% as coronavirus freezes the market

New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze during the coronavirus pandemic and more residents left the city, according to a new report......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Fewer borrowers are asking for mortgage relief, but that could change with bailout improvements

Borrowers are still piling into government and private lender mortgage relief programs, but the pace is finally slowing......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Companies can"t operate wholly remotely but may question how much space they need post-coronavirus, strategist says

David Marchant, CIO of Canada Life Investments, discusses the commercial real estate sector......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Coronavirus: Homeowners in mortgage forbearance rise, but pace slows

CNBC's Diana Olick reports the latest information on the number of mortgage loans in forbearance amid the coronavirus pandemic......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

Peter Thiel"s New Zealand estate lies neglected as coronavirus drives preppers into hiding

Billionaire Peter Thiel bought a 193-hectare plot in Wanaka on the South Island of New Zealand half a decade ago, but he is yet to build anything on it......»»

Category: realestateSource: CNBCMay 15th, 2020Related News

REITs down 20% in 2020, here are two experts on whether there"s still value

Michael Bapis of Vios Advisors at Rockefeller Capital and Todd Gordon of Ascent Wealth Partners discuss the real estate stocks with Kelly Evans......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

Housing Secretary Ben Carson on protections for renters, homeowners

Ben Carson, Secretary of Housing and Urban Development, joins "Closing Bell" to discuss how the Federal Housing Administration will extend an eviction and foreclosure moratorium due to the coronavirus pandemic......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

As millennials flee coronavirus-ridden cities, JP Morgan teams up with American Homes 4 Rent to build large suburban rental homes

In i.....»»

Category: realestateSource: CNBCMay 14th, 2020Related News

The office sector will come back, but with some changes: Analysts

CNBC's Diana Olick reports on what the office space could look like post-coronavirus......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

"Too early to write the epitaph" for office real estate, UBS analyst says

The heads of major companies are touting the viability of their employees working from home, but others say the office market will survive the coronavirus......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

She had six days to makeover this $3.5 million townhouse — here"s how she pulled it off

Spruce and Wright interior designer Lesa Wright McHale transforms a $3.5 million Brooklyn townhouse in less than a week......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

It"s "too early to write the epitaph" for office real estate, UBS analyst says

As the heads of major companies like Morgan Stanley and Berkshire Hathaway tout the viability of their employees working from home for the long term, others say the office market will survive the coronavirus......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

The jobs recovery could be choppy, with some coming back quickly and others lost forever

Construction and manufacturing may be some of the quickest sectors to regain jobs, experts say, but the hospitality industry may have more difficulty......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

Elon Musk appears to be selling more California properties after pledging to "own no house"

Tesla billionaire Elon Musk appears to be selling more homes from his California property portfolio on real estate website Zillow......»»

Category: realestateSource: CNBCMay 14th, 2020Related News

What negative interest rates would mean for your wallet

As the economy craters, here's a look at what cutting interest rates below zero would mean for everyday Americans......»»

Category: realestateSource: CNBCMay 13th, 2020Related News