Walmart Mexico pays Mexico about $359M in back taxes
The payment appears to mark a victory for President Andrés Manuel López Obrador.
New York bleeding millions in tax revenue as rent payments plunge
If building owners are unable to pay their next property tax bill at the beginning of July, a deadline the city has refused to shift, the city will lose out on its single biggest source of funding.
Coronavirus will cause commercial real estate footprint to shrink: Expert agents
Dolly Lenz on commercial real estate amid coronavirus
Real estate making 'stunning' coronavirus recovery: Expert agents
Dolly Lenz on real estate recovering from coronavirus
Coronavirus PPP exclusion puts landlords in financial jeopardy
Experts warn a commercial real estate "calamity" may be looming.
Coronavirus has Citi considering suburban offices: Report
Citigroup Inc. could be the next major financial institution to move its offices out of New York City as the coronavirus pandemic has kept nonessential office-based employees working from home.
NY construction company owner: People are excited to reopen
Business owners figuring out how to safely reopen during phase one
Former Twitter VP: Coronavirus will cause many companies to decrease office space
Bruce Daisley on coronavirus, office space
Coronavirus prompts Starbucks to seek rent relief from store landlords
Starbucks is seeking rent breaks as it ramps up U.S. store reopening following weeks of limited operation.
Major banks looking to accelerate hiring outside of NYC amid coronavirus: Gasparino
Charlie Gasparino on banks reopening
New coronavirus app aims to keep office workers safe
Scott Rechler on coronavirus, workspace
WeWork directors seek to preserve right to sue owner SoftBank
A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp over an abandoned $3 billion tender offer for the office space-sharing start-up.
Wall Street bets virus meltdown gives landlords a chance to grow
Investors are flocking to America's mega landlords, drawn by signs the companies that emerged from last decade's foreclosure crisis owning huge pools of rental houses are weathering the economic shutdown far better than feared.
Coronavirus forces Airbnb to lay off 1,900 workers
Airbnb is laying off about 25 percent of its workforce as the coronavirus continues to keep would-be travelers stuck at home, co-founder and CEO Brian Chesky announced Tuesday.
WeWork unveils coronavirus plan for tenants
WeWork plans on increasing sanitization, prioritizing personal space and implementing behavioral signage.
How the rent strike is impacting the real estate market
Sam DeBianchi on rent strikes and states reopening
D.R. Horton profit, sales rise as coronavirus pandemic hits housing
D.R. Horton Inc. said Tuesday that profit and sales rose in the latest quarter, but home orders were slowing and cancellations were growing due to the coronavirus pandemic.
Gap suspends rent payments for closed stores
Gap said if it is unable to renegotiate the leases and continue to suspend rent payments, the landlords under a majority of the leases in the U.S. could allege the company is in default.
1,000 small businesses get coronavirus rent reprieve from Florida developer
Landlords nationwide are faced with economic uncertainty as commercial businesses skip rent payments in April and potentially May.
Coronavirus contract disputes start hitting the courts
The coronavirus crisis is putting a spotlight on the clauses and testing the sanctity of contracts -- a cornerstone of the market economy -- like no other event, lawyers say.