June 13, 2022
A fast-delivery app is closing or pausing operations at nearly two dozen warehouses in a sign of the sector’s hangover from its pandemic-era boom.
Gopuff is altering its operations at 22 nationwide warehouses to assess how to operate more efficiently, Insider reported. About half of the facilities will be closed, while the other half are being assessed and could be on the chopping block. All of the warehouses were dealing with a low volume of orders.
August 4, 2023
400 new affordable apartments were announced for the Financial District this past week. Roughly a third of the new buildings at 5 World Trade Center, will be set aside for middle- and working-class New Yorkers, with 80 of those apartments earmarked for people who lived and worked near the old World Trade Center as well… Read more »
May 22, 2023
“The mortgage refinancing boom is over, but its impact will be seen for decades to come”. Fed data shows that about 14 million mortgages were refinanced during the pandemic period starting in March 2020. Some 64% were considered “rate refinances,” or homeowners looking to take advantage of lower borrowing costs. Average savings totaled about $220… Read more »
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