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Property manager Brandon Scholten is seeing big price drops in some of his listings since COVID-19 hit.“We’re at ,040 but we started at above ,300,” Scholten said about a two-bed, two-bath townhouse in downtown Denver.Scholten, the owner of Keyrenter Property Management Denver, says some of his downtown rental properties are staying on the market 20% longer and that prices have dropped nearly 20% compared to the same time last year. And he believes the plummet is linked to the pandemic.“Especially with so many remote work options now,” Scholten said. “I think all of it is just going to push that pressure outward and you’ll see prices fall in the urban corridor.”What’s Scholten is seeing in downtown Denver is happening to other major metropolitan areas across the country.“The pandemic has shifted the demand for rentals away from these really expensive areas,” said Crystal Chen, a marketing manager with Zumper an apartment rental tracker.Zumper’s recent national rent report found one-bedroom rent prices in San Francisco fell nearly 12% year-over-year, the largest drop that city’s ever seen.Other major cities that saw decline in rent prices are New York, Boston and San Jose. Cities that reported some of the largest rent increases include Lexington, Akron and Anchorage.“It makes sense,” Chen said of the prices changes for rent. “Why would people want to pay a big city price tag if they can’t use the amenities and they’re stuck at home?”With more companies embracing working from home and more people looking to social distance, Chen says more renters are now leaving expensive big cities for cheaper surrounding areas.“Which we like to call the 'Brooklyn effect' since the important factors now are space and affordability,” she said.Space and affordability: two things New York City is not known for.“I’ll be honest, a lot of people are leaving,” said Lauren Feldesman, a real estate agent with Compass. “The number of lease break calls I get a week is astronomical.”Feldesman says she is seeing a huge surplus of downtown apartment rental inventory since coronavirus concerns swept the country.“It’s a tough situation,” she said. "People lost their jobs, they’re furloughed or they have their own businesses and their business is really shut down or has taken a huge hit.”While vacancy rates are going up in major metropolitan cities across the country, some downtown renters are seeing some financial relief.“People are now negotiating down 10, 15, even up to 20% of their rent because there is so many more vacancies now as than there was before,” Chen said.Without a vaccine, however, Chen predicts rental prices in downtown areas will continue this downward trend as the rental demand shifts from cities to the suburbs. 2757

President Trump, wearing a mask, rides by his supporters outside Walter Reed while in the back of a Suburban. pic.twitter.com/nsCJyYXHdK— Kaitlan Collins (@kaitlancollins) October 4, 2020 195

President-elect Joe Biden announced on Wednesday his first significant staff decision since being projected as the winner of last week’s presidential election.Biden chose longtime aide Ron Klain to be the White House chief of staff come January. According to the Biden campaign, Klain served as a senior adviser to the Biden for President campaign. Klain was previously Biden’s chief of staff as vice president.Klain also took on a number of roles within the Democratic administrations, including serving as the White House Ebola response coordinator in 2014 and 2015 under President Barack Obama.Previously, Klain was a key figure in the Clinton administration, serving as Vice President Al Gore’s chief of staff and a counselor to Attorney General Janet Reno.“Ron has been invaluable to me over the many years that we have worked together, including as we rescued the American economy from one of the worst downturns in our history in 2009 and later overcame a daunting public health emergency in 2014,” Biden said in a statement. “His deep, varied experience and capacity to work with people all across the political spectrum is precisely what I need in a White House chief of staff as we confront this moment of crisis and bring our country together again.”Biden is expected to begin announcing members of his cabinet in the coming weeks. 1350

RANCHO BERNARDO, Calif. (KGTV) - The Rancho Bernardo Development Review Committee heard comments Tuesday night regarding an application for a recreational marijuana store.The owners of the store Urbn Leaf have applied to open a new location at 16375 Bernardo Center Drive, the site of the former Mexican restaurant El Torito.The committee was expected to vote on whether or not they would recommend approval of the conditional use permit, a non-binding decision that would be sent to the Rancho Bernardo Planning Community Planning Board.However, in a 3 to 2 decision, they voted to postpone the vote to a later date pending traffic and environmental studies of the potential impacts. 692

Regardless of what's next I want to thank the fans for the past 6 years. So this weekend (10.30-11.1) Im buying y’all my favorite beer. Make a res at @Hopsmithchicago @LodgeTavern @ButchMcGuires @ShenannigansHOB & your 1st @MillerLite is on me. Just tell em to put it on #JonsTab— Jon Lester (@JLester34) October 30, 2020 334