Owe

NYC Tenants Owe More Than $2 Billion In Unpaid Rent As Cuomo Extends Eviction Moratorium

By Tyler Durden New shocking figures produced by a New York area landlord trade group, the Community Housing Improvement Program, finds half of all New York City apartment tenants are behind on rent to the combined tune of over $1 billion as the US begins to approach one year since the coronavirus pandemic hit America. The…

NYC Tenants Owe More Than $2 Billion In Unpaid Rent As Cuomo Extends Eviction Moratorium

New shocking figures produced by a New York area landlord trade group, the Community Housing Improvement Program, finds half of all New York City apartment tenants are behind on rent to the combined tune of over $1 billion as the US begins to approach one year since the coronavirus pandemic hit America. The group surveyed landlords…

Struggling Retailers Owe $52 Billion In Overdue Rent Payments

By Tyler Durden The virus pandemic – with its temporary and permanent store closures, strict social distancing requirements, e-commerce boom, and supply chain disruption – since March has fueled uncertainty among US retailers as many find themselves in a $52 billion hole. Bloomberg, citing new data via CoStar Group Inc., outlines how restaurants, gyms, and…

Struggling Retailers Owe $52 Billion In Overdue Rents 

The virus pandemic – with its temporary and permanent store closures, strict social distancing requirements, e-commerce boom, and supply chain disruption – since March has fueled uncertainty among US retailers as many find themselves in a $52 billion hole. Bloomberg, citing new data via CoStar Group Inc., outlines how restaurants, gyms, and other businesses have…