Planning group says Hochul's housing plan could help conserve forests
Gov. Kathy Hochul's plan would set growth targets on localities and require denser development near rail stations in the New York City suburbs.
Stay updated with breaking news from Trepp Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Gov. Kathy Hochul's plan would set growth targets on localities and require denser development near rail stations in the New York City suburbs.
Analysts say there's no reason to panic, but the sinking values of commercial properties could make those banks' balance sheets look pretty bad.
Large number of office defaults could force banks to mark down value of these and other loans
Business hotels reliant on business trips, suffer in a post-pandemic world in which remote-meetings often replaces travel. these locations could suffer if recovery slackens.
Key Advisors Group, LLC owner Eddie Ghabour discusses the U.S. housing market, specifically commercial real estate and it's forthcoming challenges.