February 4, 2021
Apple will open a soundstage for its streaming service, Apple TV+, at Kaufman Astoria Studios in Queens. The tech giant signed a lease for 90,000 square feet in the recently built, six-story building at 34-11 36th Street, dubbed ONStage.
February 25, 2021
COVID-19 and the resulting economic downturn made a considerable impact in many areas of the U.S. economy during 2020, but most certainly in municipal budgets. Taking a look at the nation’s 75 largest municipalities, Truth in Accounting found that most could ill afford a large-scale health crisis. The organization’s just-released 2021 Financial State of the… Read more »
February 22, 2021
Since the Federal Reserve reduced rates at the beginning of the COVID-19 pandemic, hedging costs have come down for foreign investors. Leading the way were investors from South Korea, Singapore, Germany (through open-ended funds) and the Middle East. GLOBE St. Photo by Andrea Piacquadio from Pexels
February 18, 2021
The CMBS delinquency rate has steadily improved since a peak in June, but some asset classes are keeping the overall rate high. A new report from DBRS Morningstar looks closely at the CMBS delinquency rates from the last year, and found that retail and hotel properties could be hindering a recovery. Overall, the CMBS delinquency… Read more »
