Articles of the week ending Feb 16th
Commercial Real Estate, New York City, and General Articles that got my attention this week.
$929 Billion in Commercial Property Loans Maturing in 2024
According to Ryan Wagman, almost one-fifth of outstanding commercial real estate debt, totaling $929 billion, is set to mature in 2024.
NYC’s Waterfronts Are Getting A Makeover for the E-Commerce Age
Ciara long discusses New York City is planning to establish six new waterfront shipping hubs to handle e-commerce deliveries as a solution to traffic congestion and improve the efficiency of product transportation.
SpaceX changes it’s state of incorporation
Lauren Steussy highlights SpaceX desire to relocate its business incorporation from Delaware to Texas.
Emily Stewart outlines the risk of working from home is increasing as employers are starting to prefer employees to be back in the office, leading to potential layoffs for remote workers.
Vornado’s new plan for the former Hotel Pennsylvania site
Aaron Elstein discusses Vornado’s plans for the old Hotel Pennsylvania site and future home to Penn 15.