Stefan Leser tells Bloomberg “I don’t like that phrase, ‘you get out stronger.’” The truth, he says, is that companies will “get out of this differently.”
COVID-19 was the most important trend influencing the market. But it had vastly divergent impacts on different segments of the industry.
The filing covers a planned 26-story hotel and residential tower across from the Peter Luger Steakhouse.
Simon and David Reuben spent almost $2.5 billion on U.S. property acquisitions and financings, including office, retail and hotel assets.
Here are some guidelines on maximizing returns and minimizing risks when building your commercial real estate portfolio.
The borough’s hotel operators don’t expect business volume to exceed an average of 20 percent as shutdown warnings rise.