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WMRE Daily

JUNE 9, 2022

Top Story

NYC’s Never-ending Housing Affordability Crisis

By Bendi

Economists says the most important thing New York City can do is encourage construction of new units.

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Rents Rise Relentlessly but Slowly for Class-C Apartments

By Bendix Anderson, Contributing Writer

Affordability remains a concern among for class-B and class-C apartment stock around the United States.

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WMRE Wire

Americans Swarm Golden Visa Programs as Political Tensions Boil

Bloomberg

Citizenship-by-investment programs are a roundabout way of effectively buying a passport or visa.

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Kohl’s $8 Billion Takeover Leaves Little Room for Drama: Andrea Felsted

Bloomberg

This is a risky time to be funding a big, leveraged buyout, given concerns about the broader economy.

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Eight Must Reads for the CRE Industry Today

WMRE Staff

The developer of the drama-plagued American Dream Mall has skipped an $800 million bond payment, reports The Wall Street Journal. A joint report from NYU and Columbia University estimates U.S. office buildings could lose $500 billion in value by 2029. These are among today’s must reads from around the commercial real estate industry.

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