Here are a dozen of the best pandemic stories compiled by City&StateNY to highlight some of the lessons worth remembering in 2021 begins.
January 21, 2021
Hotels, offices and retail storefronts are expected to trail a broader economic recovery next year; so investors are pinning their hopes on a COVID-19 vaccine in 2021. More commercial properties will go belly-up during the first half of 2021 before commercial real estate begins to stabilize in the second half of the year, experts say…. Read more »
January 19, 2021
Four accelerated trends in CRE Tech: Rise of digital twins. The CRE industry creates and has a lot of data. D’Angelo says that by capturing and using data about the building itself as well as Internet of Things (IoT) data about how the building operates to make [..] operations more efficient, improve occupant (shopper, resident… Read more »
January 18, 2021
Self-storage giant CubeSmart purchased two buildings in Brooklyn and Queens for a combined $125 million and secured a new ground lease valued at $50 million. The self-storage sector has proven to be among the most resilient to the pandemic, as economic headwinds tend to bolster demand for storage space. The Real Deal
