New York & Tri-State | May 27, 2020

New York Stock Exchange Reopens After Two Months

The New York Stock Exchange (NYSE) reopened Tuesday for trading, two months after the trading floor was closed to help contain the spread of COVID-19. The reopening comes with new safety measures, including a requirement to wear masks and practice social distancing.

Additionally, anyone entering the iconic Lower Manhattan building will be required to undergo screening and a temperature check. The Wall Street Journal reported that traders must sign a waiver acknowledging the risk of being on the floor, and that Intercontinental Exchange, which runs the NYSE, asked firms that employ traders on the floor to provide compensation in the event of any lawsuits.

New York Gov. Andrew Cuomo rang the opening bell Tuesday while wearing a mask. “We are going to rebuild and recreate the economy for the future—stronger than before,” Cuomo said. “Reopening the floor of the New York Stock Exchange is the first step.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).