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December 4, 2020

Some Landlords 'Are Really About To Lose Their Building': Retail Power Broker Joanne Podell On The State Of Play In NYC

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Bisnow's podcast, Make Yourself At Home, hears from members of the commercial real estate industry about how they are managing this new reality and gaining insight into their day-to-day approaches. You can subscribe on iTunes, Spotify and Amazon Music.

Some Landlords 'Are Really About To Lose Their Building': Retail Power Broker Joanne Podell On The State Of Play In NYC

On this episode, we speak with Cushman & Wakefield Vice Chair Joanne Podell, a veteran retail broker in New York City. She speaks about the future of luxury strips like Fifth Avenue, which areas have been the most affected by the coronavirus pandemic and what kind of…

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City Seeks Bidders For NYC’s First Public Design-Build Project

City Seeks Bidders For NYC’s First Public Design-Build Project

New York City has begun soliciting bidders for the first projects in its design-build program. The city's Department of Design and Construction issued a request for qualifications Thursday for two public development projects: a headquarters for the Department of Parks and Recreation at Orchard Beach in the Bronx and another on the…

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Apartment Owners Try To Keep Fitness Centers Safe As Workouts Move Indoors

 

For most of the coronavirus pandemic, the weather has been warm enough for people to exercise outdoors, running or riding bikes in a way that keeps them safely distanced from others. 

Now, as the cold weather leads people to shift toward indoor exercise options, apartment buildings are preparing for greater usage of their fitness center amenities. 

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Houston Office Anxiety Intensifies As Biden Energy Policy Crystallizes

The future of U.S. energy policy under President-elect Joe Biden is being closely watched by Houston’s commercial real estate industry, where the fate of the nation's energy sector and the industries in its orbit could have a powerful impact on its future.

In Houston, energy companies and related service firms account for more than a third of office tenants. Biden's anticipated approach to onshore hydraulic fracturing and offshore drilling — both are likely to face a tougher regulatory environment over the next four years — is now ramping up anxiety in an already-stressed sector

“There are two ways they can [enact change]. One is with the carrot, and the other is with the stick,” Greater Houston Partnership Senior Vice President of Research Patrick Jankowski said. “I hope they do it with the carrot and offer more incentives, and incentives are structured in such a way that even the oil companies can benefit from it. But the stick will be ... more difficult permitting on federal land, more difficult to get pipelines built, more stringent regulations on emissions and so forth.”

As that affects energy companies, including a wave of bankruptcies that has already begun, Houston office will likely feel the pain.

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