August News

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August 31, 2020

Bloomberg Law: Labor Department Hustles to Issue Revised Virus Paid-Leave Rule

August 31, 2020

Bloomberg: Global Trade Seen Rebounding Faster Now Than Post-Lehman

August 31, 2020

HR Dive: DOL: No FFCRA leave for families choosing remote learning

August 31, 2020

The City: Teachers Strike Authorization Vote Looms as Union and City Launch Last-Ditch Safety Talks

August 31, 2020

Crains NY: Commercial-property sales slid 54% this year, report shows

August 31, 2020

Crains NY: City delays laying off 22,000 municipal employees

August 31, 2020

The Real Deal: MTA crisis could be catastrophic for New York real estate

August 31, 2020

Politico: De Blasio delays layoffs amid negotiations with unions

August 30, 2020

Gothamist: De Blasio And NYC Teachers Union Are Heading Toward A Showdown Over School Reopenings. Who Will Blink First?

August 30, 2020

The City: ‘Things are Getting Real’: NYC Teachers Union Prepares for Strike Authorization Votes

August 28, 2020

Commercial Observer: NYC Investment Sales Drop More Than 50 Percent During Pandemic

August 28, 2020

Gothamist: Coronavirus Updates: Cuomo Announces NY State’s Lowest Positivity Rate Yet

August 28, 2020

Commercial Observer: NYC Investment Sales Drop More Than 50 Percent During Pandemic

August 28, 2020

WSJ: U.S. Announces Deal With Abbott Laboratories for 150 Million Rapid Covid-19 Tests

August 28, 2020

WSJ: U.S. Consumer Spending Rose More Slowly in July

August 27, 2020

Crains NY: COVID-19 recovery: Another 63k jobless claims in New York

August 27, 2020

Bloomberg: Powell’s Fed Shift Allows for Higher Employment and Inflation

August 27, 2020

Bloomberg: Jackson Hole’s Greatest Hits Keeps Focus on Fed’s Annual Retreat

August 27, 2020

Bloomberg: White House’s Meadows to Hold Stimulus Talk with Pelosi

August 27, 2020

Crains NY: Comptroller Thomas DiNapoli lays out extreme budget scenarios for city and state

August 27, 2020

Construction Dive: Readers Respond: Contractors worried about future infrastructure work

August 27, 2020

Crains NY: City Council delays construction safety training, updates emissions standards

August 27, 2020

Politico: Local governments getting squeezed as Albany counts on federal aid

August 27, 2020

Politico: ‘We’re not budging’: Efforts to restart coronavirus talks sputter

August 27, 2020

Real Estate Weekly: DOL working to get New York’s unemployed an extra $300 a week

August 27, 2020

NYBJ: State officials still monitoring when to reopen malls, casinos, movie theaters, and indoor restaurants

August 27, 2020

Crains NY: City moves closer to borrowing billions to stave off layoffs

August 27, 2020

NYBJ: U.S. auto sales expected to fall more than 20%, according to report

August 27, 2020

Banking Dive: JPMorgan Chase to institute rotating model of remote, office work

August 27, 2020

NYBJ: Here’s what is stopping Congress from forgiving PPP loans

August 27, 2020

NYBJ: Fed chair sets stage for longer periods of lower rates

August 27, 2020

NYT: Unemployment Claims Are ‘Stubbornly High’ as Layoffs Persist

August 27, 2020

Bloomberg: Treasury curve steepens as Powell announces new inflation tactic

August 27, 2020

WSJ: Unemployment Claims Remain Historically High

August 27, 2020

WSJ: Coronavirus-Aid Talks Limp Along Between Democrats, White House

August 27, 2020

WSJ: Fed Approves Shift on Inflation Goal, Ushering In Longer Era of Low Rates

August 26, 2020

Bloomberg: NYC’s Virus Threat Has Faded, But Its Future Is Stuck in Limbo

August 26, 2020

Bloomberg: Fed Seen Holding Rates at Zero for Five Years in New Policy

August 26, 2020

Crains NY: Commercial mortgage debt in distress surges 320%, Moody’s says

August 26, 2020

Bloomberg: Trump Test Chief Defends New CDC Guidelines After Blowback

August 26, 2020

WSJ: Coronavirus Shutdown Stings New Jersey Mall’s Bondholders

August 26, 2020

Bloomberg: New York MTA Warns It Will Slash Service, Raise Fares Without Federal Aid

August 26, 2020

The Real Deal: City Council vote could again delay construction safety training requirements

August 26, 2020

Gothamist: MTA Reveals Doomsday Plan If Feds Don’t Deliver On $12 Billion In Relief

August 26, 2020

Gothamist: City Bid to Borrow Billions Could Lead to Renewed Power for State Budget Board

August 26, 2020

Politico: Mark Meadows predicts no Covid-19 relief bill until after September

August 26, 2020

Gothamist: How Can NYC Escape Its Worst Economic Crisis In Decades?

August 26, 2020

NYBJ: Apple in talks to take more Manhattan office space

August 26, 2020

NY Post: MTA warns of fare increases, major cuts to subway service without federal bailout

August 26, 2020

Law360: COVID-19 Vaccine May Pose New Challenges For Employers

August 25, 2020

Crains NY: RXR and Tishman face liens from contractors over unpaid bills

August 25, 2020

Crains NY: MTA in survival mode as agency seeks federal aid

August 25, 2020

Commercial Observer: U.S. Office Market Unlikely to Recover Fully Until Late 2022, Economist Says

August 25, 2020

WSJ: Covid Crisis Drives Historic Drop in Global Trade

August 25, 2020

Bloomberg: Bond Veteran Calls Time on Longer Treasuries as Inflation Looms

August 25, 2020

WSJ: GM Uses Salaried Employees to Fill Vacancies at Missouri Pickup-Truck Plant

August 25, 2020

Bloomberg: How the Fed Is Bringing an Inflation Debate to a Boil

August 25, 2020

ABC7: Reopen NYC: MTA in worse shape than during the Great Depression, officials say

August 25, 2020

Construction Dive: Industry Pulse: The latest construction data and statistics

August 24, 2020

Crains NY: New York City property sales, office leases see huge declines

August 24, 2020

Crains NY: The normal influx of students, transplants, and adventurers is on pause

August 24, 2020

Construction Dive: The COVID-19 conundrum: Money is available for new construction projects, but few are breaking ground

August 24, 2020

Barron’s: Keeping Schools Closed Could Cost the U.S. Economy at Least $700 Billion

August 24, 2020

WSJ: New Covid-19 Cases in U.S. Fall to Lowest Level in More Than Two Months

August 24, 2020

Crains NY: CDC suggest partial school closings as an option in virus containment

August 24, 2020

Commercial Observer: Big Companies Postpone Returning to the Office Post-Labor Day

August 24, 2020

WSJ: New Thinking on Covid Lockdowns: They’re Overly Blunt and Costly

August 24, 2020

Globe St.: COVID-19 Language for New Construction Contracts

August 23, 2020

WSJ: Many Companies Planned to Reopen Offices After Labor Day. With Coronavirus Still Around, They’re Rethinking That.

August 23, 2020

WSJ: Coronavirus Lifts Government Debt to WWII Levels—Cutting It Won’t Be Easy

August 23, 2020

WSJ: Many Companies Planned to Reopen Offices After Labor Day. With Coronavirus Still Around, They’re Rethinking That.

August 23, 2020

NY Post: The MTA is headed for a total financial derailment

August 22, 2020

Bloomberg: Goldman Says Almost a Quarter of Temporary Layoffs in U.S. to Be Permanent

August 22, 2020

The Economist: Why does low unemployment no longer lift inflation?

August 22, 2020

Commercial Observer: Schools Face Their Biggest Test Yet

August 22, 2020

Politico: House passes USPS rescue in bid to thwart Trump attacks on mail-in voting

August 21, 2020

The Washington Post: President Trump’s attempt to bypass Congress on stimulus is offering only limited economic relief

August 21, 2020

Washington Business Journal: Congress is deadlocked on a new stimulus plan. Could Trump go it alone on PPP?

August 21, 2020

WSJ: New Coronavirus Cases Below 50,000 in U.S. for Sixth Straight Day

August 21, 2020

NYT: We Have Crossed the Line Debt Hawks Warned Us About for Decades

August 21, 2020

NYBJ: Terminal Business

August 20, 2020

Washington Business Journal: TERMINAL BUSINESS

August 20, 2020

New York State: FY 2021 First Quarterly Update

August 20, 2020

Gothamist: NYC Releases Largest And Most Detailed Coronavirus Antibody Testing Data To Date

August 20, 2020

Crains NY: City’s July unemployment rate barely slides under 20%

August 20, 2020

The Real Deal: “Little bit of guilt trip”: Jeff Blau joins landlords pushing return to work

August 20, 2020

8.20 WSJ: For Covid-19 Vaccine, J&J Plans 60,000-Subject Pivotal Trial_NO LINK

August 20, 2020

Crains NY: New York adds 62K jobless claims

August 20, 2020

WSJ: U.S. Jobless Claims Rose to 1.1 Million in Latest Week

August 20, 2020

WSJ: Economic Recovery Is Hardly in the Bag

August 20, 2020

Bloomberg: Pfizer Vaccine on Track for Regulatory Review in October

August 20, 2020

Crains NY: Teachers: Adopt Our Safety Plan or Don’t Re-Open

August 20, 2020

Bloomberg: U.S. Jobless Claims Unexpectedly Increase to More Than 1 Million

August 20, 2020

The City: New York City’s Job Numbers Are Inching Up. But a Tough Fall’s Ahead