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Commercial real estate leader Steve Schwab is looking to sign tenants to leases at a new development in downtown Denver but he’s running into troubles linked to the pandemic.“COVID has a had a major effect, probably the most major effect in the sales business,” he said.Schwab, a managing principal at Cushman & Wakefield, says COVID-19 has had a major impact on commercial real estate in a short amount of time.“Between the first quarter and the second quarter, we saw office investments sales decrease by about 72%,” he said.Schwab says unemployment, more people working from home and social distancing are impacting commercial real estate sectors like shopping centers, hotels, retail and office spaces.He says that the road to recovery will be very challenging, something other industry experts agree with.“The restaurants, the gyms, the bowling alleys, those are going to struggle over the next 12-18 months until we get back to full physical occupancy,” said Spencer Levy, chairman at CBRE.Levy says high inventory combined with low interest rates could attract foreign investors to American commercial real estate, something he welcomes with open arms.“Foreign money isn’t just cash. It brings everything with it. It brings jobs, it brings foreign students, it brings people that buy retail,” he said.But will foreign investment bring more people back inside massive buildings?Levy compares what today's commercial real estate industry needs to rebound to that of 9/11.“We had a period of time where people were tragically afraid to be back in the cities, afraid to go back into tall buildings. But that passed after people had better security in those buildings,” he said. “We are going to see exactly the same thing today from a wellness prospective.”With many major retailers already moving out of brick and mortar buildings, and millions of square feet available across the country, Levy says the commercial real estate industry needs more government assistance on the road to recovery. 2005

College students rely on internships to give them hands-on experience before graduating and going into the workforce. However, this year, 22% or nearly one in four college students had their summer internships canceled because of the pandemic, according to a survey done by the National Association of Colleges and Employers.“I was supposed to work with the Indianapolis Motor Speedway this summer, working full-time for about 10 weeks,” said Purdue University junior Patrick Haimbaugh. “I was really excited about it, but it did get canceled.”Fortunately for Haimbaugh, when his internship fell through, a company called TechPoint was seeing how many students were losing internships and decided it wanted to help.“It felt like I had a second chance, like the summer wasn’t just going to be a blowout,” said Haimbaugh.“We thought you know what based on our organization, position and where we sit in the community, this is an area where we can make a difference,” said Mike Langellier, the CEO of TechPoint.TechPoint normally has a summer internship program that helps about 100 students, but in the wake of the wave of internship cancellations, it decided to create a second summer internship program for five times as many students. The new program was practically created overnight and called the SOS Challenge.“Their task is over the course of five weeks to come up with a product prototype and a go-to market strategy aimed at one of nine different challenge topics, and they are all COVID related,” said Langellier. “So, they include things like tele-health, outbreak detections, restaurants and small businesses.”TechPoint got 56 other companies and more than 250 tech professionals to commit to helping with the SOS Challenge interns. Beyond the networking and mentorships, TechPoint setup the internship to have ,000 prize for the group with the best prototype and arranged for the group to get an award from Indiana’s governor.“We are excited to be able to make a difference amidst challenging times for so many people,” said Langellier.With unemployment rates so high, college graduates are entering one of the most competitive jobs markets ever. So, any extra experience now is probably more helpful than ever.“I am so thankful for the team at TechPoint,” said Haimbaugh. “For people who lost their internship, I say keep looking because there are opportunities. They are hard and it is going to be hard to get them but keep trying.” 2457

CLEVELAND — An American Airlines flight headed to Cleveland Saturday afternoon had a scary setback after the windshield cracked mid-flight, according to American Airlines.The flight, which departed from O'Hare International Airport in Chicago around 1:30 p.m., was in the air for approximately 30 minutes before a mechanical issue with the windscreen occurred and forced the flight to return to the airport, American Airlines said.American Airlines said that the plane landed safely and taxied to the gate without incident, and after changing aircraft, re-departed for Cleveland Hopkins International Airport.No injuries to any customers or crew members were reported, American Airlines said.This story was originally published by Camryn Justice on WEWS in Cleveland. 775

CLEVELAND — A skyscraper in Cleveland was lit up Tuesday morning with the Biden-Harris campaign logo ahead of the first presidential debate, which will take place Tuesday evening.Douglas E. Price III, CEO of K&D Management Group, which owns the Terminal Tower, said the placement of the "Biden-Harris" projection was unauthorized and that the group does not endorse any candidate.“It saddens me that someone would hijack Terminal Tower for political purposes. K&D Group supports many good causes with our lighting displays. We always strive to be non-political," Price said.The United Steelworkers Union claimed credit for the vigilante projection. 664

CINCINNATI, Ohio — Customs officials in Cincinnati discovered thousands of live crabs that they said someone was trying to smuggle into the country.Agriculture specialists with U.S. Customs and Border Protection discovered the invasive Chinese mitten crabs on Oct. 16 while conducting routine inspections, the agency said in a news release.The crabs are considered a seasonal delicacy in Asia, according to Customs officials. But they have had a "disastrous impact" on habitats where they've been introduced.The crabs were hidden in packages labeled as various types of clothing. They were being sent to various residences in New York. The shipments were refused entry into the U.S. Across the country, Customs agriculture specialists intercepted more than 352 pests and 4,638 quarantine materials on any given day in the fiscal year 2017, according to the agency. 877

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