New leases for Manhattan rentals plummeted by 70.9 percent year over year excluding renewals amid “shelter in place” measures made and enforced amid the pandemic,...
To include pandemic escape clauses and further mitigation, certain retail renters are seeking to recast their leases. Many retail leases restrict the occupant from seeking...
For non-essential retail, once again rent is due and revenue is marginal. This time, as the May leases come due, the financial situation is more...
There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time...
Regardless of the current COVID-19 lockdowns, retailers are playing a dangerous game if they refuse to pay their lease without landlord cooperation. With big chains...
New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards...
Shared workspace and real estate company WeWork only signed four new leases in Q4, a drop of 93 percent in leasing activity, after its failed...
For WeWork – a new lease on life? The clock may be ticking. As reported Friday (Dec. 13), the beleaguered real estate company is eyeing...
Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how...