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However, the firm also reported that is buybuy BABY and Harmon Face Values (Harmon) stores would remain open subject to state and local regulation in order to service essential infant, health and personal care needs.

Additionally, the order mandates that all businesses or non-profits, wherever practicable, must accommodate their workforce for telework or work-from-home arrangements.

Stakeholders across every real estate asset class are reviewing contractual obligations to assess risk and introduce clauses to limit exposure, citing force majeure, unforeseeable circumstances or events.

NEW YORK CITY- RXR Realty, a New York-headquartered real estate investment firm, has made a $1 million contribution to support organizations and New…

Real estate board of New York President Jim Whelan and New York State Governor Andrew Cuomo have signed an Executive Order allowing notaries to act as a signatory, although they are are not in the physical location of a paper-work signing.

Despite the Federal Reserve slashing interest rates to near zero, similar to actions taken during the 2008 Financial Crisis, bankers have pressed the brakes on originating new loans as the economic environment becomes more uncertain amid the coronavirus.

An approximate 74,500-square-foot development in Long Island City, Queens at 24-02 Queens Plaza South has come to market. The commercial property stands 3-stories tall. Newmark Knight Frank is marketing the property, pricing is expected to hover in the 50 million to 55 million range.

The order hits the real estate and construction industries in Pennsylvania hard, mandating the closure of all real estate brokerage firms, as well as the cessation of construction of all residential and non-residential construction, utility, highway, street and bridge construction.