Nearly 75 percent of tenants told landlords who responded to the survey that they will need at least six to 12 months or longer for their businesses to recover.
The “6 Feet Office,” which, as its name implies, is designed to keep employees six feet apart within the same office space and adheres to guidelines of physical distancing issued by the federal Center for Disease Control.
Long-term mortgage rates rose slightly this week, continuing to hover near all-time lows amid anxiety over the economy and housing market gut-punched by the shutdown spurred by the coronavirus pandemic.
The 30-acre airport, which has a grass runway, was once a farm growing cabbage and melon.
The resolution, advanced by the Legislature’s Republican majority, moves the deadline for paying property taxes, previously slated for May 10, to June 11. The measure now goes to Nassau County Executive Laura Curran to sign or veto.
With home sales virtually ground to a halt, a silver lining for real estate agents is that they can apply for pandemic unemployment assistance.
Called the Arbor Rental Assistance Program, the initiative is designed to supplement existing government rent relief programs and leverage private capital to fill critical gaps for people impacted by a loss of income due to COVID-19.
Construction of single-family houses fell 17.5%, while apartment and condo starts were off 32.1% from a month ago.
There were just 491 homes contracted for sale in Nassau and Suffolk counties in the first two weeks of April, down nearly 67 percent from the 1,471 homes contracted for sale in the same period a year ago.
With physical-distancing protocols in place, attorneys, lenders and title company representatives have to coordinate remote closings.