In episode 40 of NREI 's Common Area podcast, David Bodamer speaks with Phil Colicchio and Trip Schneck about how independent restaurants and food halls have been affected by the COVID-19 shutdown and what might need to change going forward.
Eighty-three percent of New York City restaurants are unable to pay their rent, reports the New York Post. The survival of J.C. Penney hangs on urgent sale negotiations, according to Reuters. These are among today’s must reads from around the commercial real estate industry.