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Sales slump to continue as prices, which exceed 60% of monthly incomes, keep falling.
Vacancies top 20% for first time, YTD negative absorption approaches 1M SF.
Court fight looms between property owners, insurance firms as most don't cover flood damage.
At $1,407 per SF, the 58-story tower may be the most expensive ever in NYC.
Mega-deals drive the market, the latest a 1.2M SF pre-lease inked by Target.
The 166-acre project will include industrial, office, retail space and spec buildings.
Absorption was up in Q3, but leasing down as available sublease space surged to 2.5M.
Apparel maker to occupy largest spec industrial project in Central OH this year.
The $610M, 3.3M SF business park will include 400K SF of solar power arrays.
Boomers with active lifestyles are flocking to age-restricted multifamily campuses.