Eight Must Reads for the CRE Industry Today (Apr. 6, 2021) New York State has moved closer to finalizing a program to distribute federal rent assistance to tenants and landlords, reports the Gothamist. Real Estate Journals looks at why commercial real estate lenders are eager to see investment in infrastructure. These are among today’s must reads from around the commercial real estate industry.
Why CRE Lenders Want to See Infrastructure Investment “Smart investments to improve the roads, ports, utilities and other vital infrastructure have the potential to unlock tremendous value for the overall economy, as well as for commercial real estate. Economic Policy Institute research indicates that an investment of $18 billion annually into infrastructure would create a first-year increase of $29 billion in GDP and 216,000 net new jobs.” (
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Richard Hil
I last saw Philip Rubinstein, two days before he passed away.
‘How’s it going Phil?’ I asked, rather inanely – he’d been unwell for some time. Phil raised his eyebrows, pointed to the heavens and said, ‘waiting’. I saw a familiar smile cross his face. It was a kind of gotcha moment delivered by one of my favourite secular humorists.
Phil was never short of the ability to laugh at himself and the world around him. ‘Plenty of material’, he’d say.
He was one of those ego-in-the-box characters, who makes the world go round: warm, witty and intelligent. A person too of eclectic interests: cricket, poetry, any songs by Frank Sinatra (
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