{"id":1004409217,"date":"2020-04-06T05:39:56","date_gmt":"2020-04-06T13:39:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004409217"},"modified":"2020-04-08T05:48:00","modified_gmt":"2020-04-08T13:48:00","slug":"daily-reads-april-6-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-april-6-2020\/","title":{"rendered":"DAILY READS: April 6, 2020"},"content":{"rendered":"

Forecasting Commercial Real Estate Winners and Losers in the Post-Pandemic World<\/strong><\/p>\n

Previous health-related downturns have been brief and followed by relatively quick recoveries, but the amount of time it will take for the economy to rebound from the coronavirus is less predictable, Ben Breslau, chief research officer of JLL Americas, said Thursday on a conference call to discuss the pandemic\u2019s impact on commercial real estate leasing and the economy. Read more<\/a>
\nHouston Chronicle<\/em><\/p>\n

Lyman Real Estate Negotiates $5.5M Sale of Retail Property in Greenwich, Connecticut<\/strong><\/p>\n

The buyer, AFT Management LLC, plans to redevelop the property to house a larger building. Exact construction plans were undisclosed, but the new building will include space for multiple retail tenants. M&T Bank will retain the same footprint in the new building through November 2028. Read more<\/a>
\nREBusiness Online<\/em><\/p>\n

\"\"

Atrium of Airbnb headquarters. Photo courtesy of Wikicommons<\/em><\/p><\/div>\n

Can Airbnb Survive Coronavirus?<\/strong><\/p>\n

To weather the crisis, Airbnb has reportedly canceled all marketing activities, put its founders\u2019 salaries on hold and slashed those of top executives by half. It has halted all but essential hiring, may postpone going public and has not ruled out layoffs. Read more<\/a>
\nCityLab<\/em><\/p>\n

Commercial Mortgage Portfolios Could be Weak Spot in COVID-19 Banking Era<\/strong><\/p>\n

In comparison, KBRA forecasted that \u201cbanks with sizeable residential mortgage operations and\/or fee generating capacity to be relatively more resilient.\u201d KBRA added that low mortgage rates and high refinancing volumes will likely benefit banks in this market for at least the first half of this year and possibly beyond. Read more<\/a>
\nMortgage Professional America<\/em><\/p>\n

Construction Shutdown Highlights Divide in Benefits, Pay Between Union and Non-Union<\/strong><\/p>\n

As of February, 263,821 people were employed in the construction industry in New York City, according to a report from the New York Building Congress. Fifty-seven percent of those workers earn less than $50,000 a year, and another 28 percent earn between $50,000 and $100,000 a year. And 44 percent of construction workers \u2014 primarily those doing \u201cblue-collar\u201d labor on sites\u2014do not have health insurance, NYBC found. Read more<\/a>
\nCommercial Observer<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Retail sale in Greenwich, Conn. Banks’ weak spot. Will Airbnb get over coronavirus? Here’s a batch of other critical content for you to read, listen to or watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004409337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004409217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nDAILY READS: April 6, 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-april-6-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: April 6, 2020\" \/>\n<meta property=\"og:description\" content=\"Retail sale in Greenwich, Conn. 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