01/06/21: Hotels and downtown offices had a disastrous 2020

Crain's Daily Gist - A podcast by Crain's Chicago Business

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For many in commercial real estate, the pandemic-induced downturn is the worst they’ve ever experienced. Reporter Danny Ecker joins the podcast to discuss why a short-term recovery may remain elusive for hotels and downtown offices, two sectors hardest-hit by the coronavirus. Plus: County property tax appeals board shifts tax burden from business to homeowners, Amazon builds its own cargo jet fleet, Macy's closing at Water Tower Place and the value gap for Black homeowners in Chicago is the largest among major U.S. cities.