NYC office space has suffered dramatically since the outbreak of COVID-19. Major publicly traded REITs with considerable exposure to NYC offices have declined 40-60% on a YTD basis.
U.S. equity markets continued their seemingly unfaltering rally this week as positive vaccine news, stimulus hopes, strong economic data, and solid bank earnings offset concern of reopening reversals.
The metalcore sextet will play its classic albums in full in a series of livestream concerts over the next three weeks.
The Philadelphia Federal Reserve's manufacturing index pulled back to 24.1 in July after registering a reading of 27.5 in June. Economists polled by...
Cornerstone Macro chief economist Nancy Lazar says a V-shaped rebound in manufacturing is “solidly in place.”
The Federal Reserve Bank of New York said its Empire State manufacturing index, comprising survey results collected July 2 through July 9, rose for the first time since the pandemic took hold in the U
Goldman Sachs has looked into its crystal ball for the next decade.
U.S. government debt prices were lower Wednesday morning as market sentiment turned positive on vaccine hopes.
Pre-open movers U.S. stock futures traded higher in early pre-market trade, after posting gains in the previous session. Investors are awaiting earnings results from Goldman...
The Empire State Building (ESB) today announced the recall of its employees for training in the new protocols and processes required as the final step to | eTurboNews | Trends | Travel News | Breaking
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company") today announced that R. Paige Hood will join its Board of Directors, effective August 1, 2020, and that
Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company") today announced that R. Paige Hood will join its Board of Directors, effective August 1, 2020, and that William H. Berkman will leave the Bo
Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company") today provided the following update on its business operations.
The Empire State Building (ESB) today announced the recall of its employees for training in the new protocols and processes required as the final step to prepare for its world-famous Observatory to re

Important Warning To All REIT Investors

10:45am, Monday, 13'th Jul 2020
It appears that REITs are going for another crash. Many REITs are down by 25 - 50% over the past month alone.
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