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General Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Next 45 to 60 days will be challenging for the commerical real estate industry: CBRE's Spencer Levy
Spencer Levy, CBRE head of research, joins 'Power Lunch' to discuss how the coronavirus pandemic will and is affecting the commercial real estate industry. Read Article
How construction companies are carrying on during coronavirus pandemic
Builders are considered essential by the federal government, but some states are not allowing workers to go on. CNBC's Diana Olick reports on how some companies are continuing on despite the huge drop in homebuyer traffic. Read Article
Residential construction is bright spot in jobs report, but more workers start to stay home
Construction has been deemed essential by the federal government, but a growing number of residential construction workers are pulling back, worried about catching the coronavirus. Read Article
NYC home buyers could take advantage of this market: Real Estate pro
CNBC's "Power Lunch" team discusses the struggle real estate faces amid the coronavirus pandemic with Bess Freedman, CEO of New York City-based Brown Harris Stevens. Read Article
Manhattan real estate sales ground to a halt in March. Prices could plunge next
The big question is what prices will look like when the market starts to recover — either in summer or fall. Read Article
Small landlords struggle as renters either can't or choose not to pay amid coronavirus layoffs
As job losses mount into the millions, laid-off workers increasingly can't make the rent, and small landlords are left holding the bag. Read Article
There will be a re-calibration in New York after coronavirus, realty expert says
Scott Rechler, CEO and chairman of RXR Realty, joins "Squawk Box" to discuss how the real estate industry is being affect by the coronavirus outbreak. Read Article
Coronavirus outbreak leads to dramatic drop in NYC real estate inventory
The coronavirus outbreak is slamming the housing market's spring season and New York real estate has been hit especially hard. CNBC's Robert Frank reports. Read Article
Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest
The $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can't pay. Read Article
NY legislators push to cancel rent for three months
CNBC's Robert Frank details plans in the New York state legislature to cancel rent for three months as the fallout from the coronavirus outbreak continues. Read Article