Thursday 30 April 2020

Real estate is waking up to pandemic insurance. But is it too late?

Hotel owners nationwide have likely deployed teams of lawyers to scour their insurance policies, hoping to find a clause that covers a portion of the monumental damages inflicted as a result of Covid-19. Most of them have been sorely disappointed. But a very small number may be holding a trump card. In New York City, Rotem Rosen’s Hotel Indigo Lower East Side appears to be one of the lucky ones, or one of the more



source https://therealdeal.com/2020/04/30/real-estate-is-waking-up-to-pandemic-insurance-but-is-it-too-late/

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