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Stock impact report

As California shelters at home from coronavirus, construction of housing goes on [Los Angeles Times (CA)]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
A day after Gov. Gavin Newsom ordered Californians to stay home to prevent the spread of the deadly coronavirus, construction workers reported for duty in the Palms neighborhood of Los Angeles. At Motor Avenue and Tabor Street, a worker hammered away Friday on the top of a 42-unit apartment building that, when complete, will include four homes for very-low-income households. At street level, workers guided traffic so a forklift could pick up giant pieces of lumber and deposit them for workers on top. A superintendent, sporting blue protective gloves, looked on. In other words, minus the gloves, nothing out of the normal. “People need housing,” said the superintendent, Ron Troyan. Similar scenes played out across the state. Newsom’s Thursday night order labeled construction, including housing construction, an essential service that could continue. Russ Heimerich, a spokesman for the state’s Business, Consumer Services and Housing Agency, said there would be further guidance on construc Show less Read more
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