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KAR Properties is monitoring all data in regards to the unraveling of some of the sectors of the economy and the reaction to the coronavirus pandemic, also known as COVID-19, and its tenants in the ability to honor lease agreements and meet rental payment guidelines.

Taking a hardball attitude with a landlord could backfire on the tenant.

Paramount Group, Inc. has announced it is seeking to enter into a joint venture agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million-square-foot trophy office building on Broadway between 50th and 51st streets in Manhattan.

The State of New York Court of Appeals has ruled that the Housing Stability Tenant Protection Act of 2019 cannot be applied retroactively to revive, or expand recovery on, a previously asserted rent overcharge claim. Now rent charges must be resolved under the law when they go into effect at the time the overcharge occurred.

Eric Fox of Cushman & Wakefield was recently inducted into the Association of Silicon Valley Broker Hall of Fame, where event proceeds are donated to selected charities that are recognized for life-changing efforts.

"Capital was drawn to the stable, credit rent roll."

The $3 billion share tender was expected to provide a hefty payout to early backers Benchmark Capital and Adam Neumann.

Some loan documents restrict amendments impacting financial components of leases such as rent amounts, according to Morris, Manning, & Martin.