Northeast

Mack-Cali went further stating that Bow Street's letter included "outright lies, about the company, its Board of Directors and management team in an attempt to conceal the true objective of its proxy contest—Bow Street's desire to acquire control of the Mack-Cali Board in order to force a sale of the company at any price."

While there is more prudency, construction projects are still moving through COVID-19 challenges.

Owners will be reviewing contracts for agreements outlined, and what contractual rights and duties exist in light of the conditions caused by the spread of the coronavirus.

The Fed's continual cut to interest rates will drive demand for capital and refinancings.

The PHA also is postponing all court appointments where residents have failed to pay rent.

Some condo developers have abandoned selling units because they've only been able to sell 10 percent of the property to which they resort to renting the remaining 90 percent.