Commercial real estate could be in trouble — even after this is over –

To state the obvious, extracting rent from nearly anyone right now is problematic.

On the commercial side, the problem is beginning to look as dire. In addition to the countless small retail and restaurant businesses that may be forced to permanently vacate their commercial spaces because they can no long afford them, a growing number of corporate chains is also beginning to prove unwilling or able to pay their rent.

People going “remote”

Nevertheless, Chu notes that being forced to work remotely has awakened him to the possibility of incorporating more remote work into the startup’s processes.

Copyright Cornell Tech — 2020.