Billionaire buys big stake in Macy’s as it scrambles to maintain cash
A Czech billionaire has bought a 5% stake in Macy’s, looking to reconfigure the company and turn a profit amid a retail reckoning. Daniel Kretinsky, one
May 22, 2020
A Czech billionaire has bought a 5% stake in Macy’s, looking to reconfigure the company and turn a profit amid a retail reckoning. Daniel Kretinsky, one
The owners of a landmark resort on Canandaigua Lake say they are closing it down and making it their personal property. The Bristol Harbour Resort
COVID-19 has had a devastating effect on the economy, financial markets and real estate values. This article will provide the technical and factual information on
The coronavirus has not treated all asset classes equally, and neither will a recovery. On Wednesday’s Walker Webcast, real estate economist and professor Peter Linneman and
As many city dwellers ride out the coronavirus pandemic in their apartments, there’s a sudden rush on real estate in the suburbs. “I would describe
The average rate on the popular 30-year fixed mortgage just fell to 3.09%, a record low, according to Mortgage News Daily. A weaker-than-expected read on
Thousands of people who own property in suburban Syracuse are being notified that the assessed values of their homes, businesses and farms are increasing. It’s
From the office of Representative Antonio Delgado: Decreasing Revenues During The Pandemic Are Leaving NY’s Local Governments Strapped; Dedicated Federal Funding for Local Communities Would
The developer and construction manager behind a planned new hotel in downtown Niagara Falls are poised to start work as soon as New York Gov.
Ford’s stamping plant in Hamburg will resume production on May 18, as part of a wider “phased restart” of the automaker’s factories. The Route 5
The coronavirus crisis has ravaged not only the nation’s economy, driving down the stock market and pushing roughly 16 million people into unemployment, but its
On May 1, many towns published their tentative assessment roll as required by the Real Property Tax Law.[1] However, the Governor of New York issued
