Empty Manhattan apartments reach record levels, landlords slash rent


A Chelsea Tower rental apartments billboard.

Jeff Greenberg | Getty Images

The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings amid the coronavirus pandemic and more renters left the city, according to a new report.

More than 10,000 apartments were listed on the market in June, an increase of 85% over June 2019, according to a report from Miller Samuel and Douglas Elliman. The official vacancy rate hit a record 3.67% but is far higher in many buildings, according to brokers.

Analysts say the rising number of empty

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Empty middle seat? Depends on which country you are flying in


SYDNEY/BEIJING/HELSINKI (Reuters) – In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it’s not mandatory for airlines to leave the middle seat open.

Measures to stem the spread of coronavirus have changed how people travel, as Beijing resident Feng Xueli, 26, found when she took a domestic flight this month. The aircraft was full – allowed under the Chinese rules.

“We needed to wear a mask during the flight and there were PA announcements basically asking for our

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Frontier Airlines rescinds empty middle seat charge after lawmaker pressure


(Reuters) – U.S. budget carrier Frontier Airlines withdrew on Wednesday a “More Room” policy that would have given passengers the option of paying extra to keep the middle seat empty on flights after a backlash from politicians, according to a letter to lawmakers seen by Reuters.

FILE PHOTO: A Frontier Airlines Airbus A320neo plane departs from O’Hare International Airport in Chicago, Illinois, U.S. November 30, 2018. REUTERS/Kamil Krzaczynski

Amid passenger concerns about the spread of the new coronavirus on airplanes, Frontier had announced on Monday a plan that, starting at $39 per passenger per flight, would ensure that the middle

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Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout


BEIJING (Reuters) – Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there’s no money to buy summer clothing, and rent and staff salaries still need paying.

Customers wearing face masks shop bed linen under business closure notices inside a home linen store whose business has been struggling since the coronavirus disease (COVID-19) outbreak, in Beijing, China April 14, 2020. REUTERS/Tingshu Wang

He doesn’t expect to see any profit this year.

Ma’s is one of many small businesses in China still reeling from a

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