Eight Must Reads for the CRE Industry (July 15, 2021) High steel prices are causing problems for data center developers, reports Bisnow. New York City has yet to distribute any rent relief despite more than 100,000 applications for aid, according to The City. These are among today’s must reads from around the commercial real estate industry.
Pricey Steel Is Creating Big Headaches For Data Center Builders “According to analysts, steel producers, expecting a long-term recession, reduced capacity at the beginning of the coronavirus pandemic in 2020. They were subsequently caught off guard by the surge in demand for household goods, home improvement products, cars and other consumer products.” (