- We mentioned that commercial real estate rents are down 24% from the first quarter of last year, and the second quarter looks to be even worse.
- The City of San Francisco has launched recoverysf.org, a website that reflects how much money the city has, and will, be rewarded from the American Recovery & Reinvestment Act (ARRA), and where the funds will be spent.
- U.S. Department of Energy forms the commercial real estate alliance.
- Fed informs some banks (the big ones) to keep quiet about their 'stress test' results.
- California ranks low as a business friendly state according to one report.
- Gov. Arnold Schwarzenegger makes the case for the budget propositions in May: they need to pass or the state will be in really bad shape (video included!).
Saturday, April 11, 2009
The Saturday News Links - April 11, 2009
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