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Many offices now sit empty as many shops hang by a thread. Casinos, hotels, and amusement parks are fading into memory as consumers turn toward socially distant activities. So what does the future of real estate—and cities—look like? That’s the question Fortune posed to Blackstone Global Co-Head of Real Estate Kathleen McCarthy. Even before the […]
Why it Seems as Though we Are in a Downturn –Although we are Not
You would never know it in the headlines, however we are not in a recession. In just the last week, Time proclaimed”The Recession Is Not More — and It Is Going to Get Much more challenging Some.” USA Today stated”Efforts to raise economy from recession pose threat of fiscal catastrophe.” So it is jarring to […]