Tower Holdings Group, a development and construction firm headquartered in New York City, is coordinating with its subcontractors to lower the risk of infection at its project sites throughout the city, which have already seen a reduced number of staff, Iryna Suhnaska, executive vice president at Tower Holdings, tells GlobeSt.com.
Outpost Club, a New York-based real estate company operating 25 co-living communities across New York, New Jersey and California, will create dedicated housing for traveling doctors and nurses on the frontlines treating coronavirus, or COVID-19, patients.
Coronavirus Market Reset Highlights NYC Real Estate Interdependence of Public and Private Partnerships
With uncertainty clouding the economy, New York City real estate owners are asking how the current market reset can finally bring real estate professionals and politicians together and resolve battles about the bills and regulations that impacted the sector before the pandemic.
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