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Mark Indelicato, Danielle Ullo Discuss Economic Impact on CRE and Restaurant Industries
September 16, 2024
Thompson Coburn partner Mark Indelicato and associate Danielle Ullo wrote a new article in Crain’s New York Business highlighting the economic implications for commercial real estate and the restaurant sector.
“The past four years have been difficult for both industries, but as inflation begins to slow and a door opens to a potential interest-rate cut, they may finally see some relief,” they wrote.
Mark and Danielle analyze the shared struggles of rising costs and declining demand facing both commercial real estate and the restaurant industry.
On what’s next, they said, “The commercial real estate and restaurant industries continue to navigate a complex economic landscape shaped by rising interest rates, inflationary pressures, and evolving consumer behaviors. While challenges persist, there are promising signs of adaptation and resilience within both sectors.”
Click here to read the full article.