Research

Restaurants and bars added 1.4 million employees in May after many states moved into phase two or three of re-opening plans last month.

Job layoffs due to the COVID-19 pandemic may delay millennials from purchasing homes even longer.

A new analysis from JLL points to a convergence between US and Eurozone interest rates and the devaluation of several currencies as key factors.

With monthly leasing activity in the Big Apple having increased while seeing lower leasing volume year-over-year, the latest Colliers International Manhattan Monthly Snapshot for May 2020 is decidedly mixed.

The coronavirus pandemic is accelerating innovations in supply chains, such as "contactless everything," robotics in warehouses, more cold storage warehouses, and autonomous vehicles for delivery.

CBRE Group found that the amount of office space available for sublease in Manhattan has declined, despite a high number of office job losses in connection with the pandemic.

A slowdown in sale and lease transactions is expected but overall metrics such as the vacancy rate and asking rents remained flat in the first quarter of this year, a study showed.

The continuing long-term decline in turnover has accelerated recently due fewer tenants moving because of the COVID-19 economic downturn, says CBRE.