3/20/20: Episode 9 - Current State of the Market: Amazon Buys Former Lord & Taylor Building featuring Howard Raber
03/20/20 • 5 min
- Shimon Shkury, President of Ariel Property Advisors, and Howard Raber, Director of Investment Sales, talk about Amazon's most recent New York City real estate purchase at 424 5th Avenue
- Amazon bought the Lord & Taylor building from WeWork for $1.15 billion
- This is some positive business news in light of current events involving coronavirus
- Shimon Shkury, President of Ariel Property Advisors, and Howard Raber, Director of Investment Sales, talk about Amazon's most recent New York City real estate purchase at 424 5th Avenue
- Amazon bought the Lord & Taylor building from WeWork for $1.15 billion
- This is some positive business news in light of current events involving coronavirus
Previous Episode
3/6/20: Episode 8 - Current State of the Market: Fed Cuts Rates at Emergency Policy Setting Meeting featuring Matthew Swerdlow
- Shimon Shkury and Matthew Swerdlow, Director of Capital Services, discuss this week's news regarding the unprecedented rate cut by the Federal Reserve during an unscheduled meeting
- The Fed is trying to combat the effects of the coronavirus, which has already infected approximately 95,000 people worldwide
- Matthew talks about the financing environment and what owners of real estate can expect in these times
Next Episode
4/2/20: Episode 10 - Current State of the Market: CARES Act featuring Michael Tortorici
- Shimon Shkury and Michael Tortorici, Executive Vice President, discuss the $2 trillion CARES act signed by President Donald Trump
- Shimon and Michael explain what is in the relief bill for the real estate market
- Shimon and Michael outline what they have been hearing from clients including real estate owners and investors on how they are currently viewing the market during the coronavirus crisis and how they plan to act when the crisis blows over
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