Economy

While all of the stats show a growing city center in downtown, the recent biennial survey reveals that residents are concerned about the homeless population in the city.

Private sector employment in the Rockaways set a new record of 14,900 jobs in 2016, 400 more than the previous record posted prior to Superstorm Sandy.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Cap rates are certainly going up this year, along with Fed rates, so experts are saying it's a good time to look for buyers of net lease investments.

“With a class A office vacancy rate around 3.5 percent, the creative office space that exists in Hoboken today is highly inefficient, while the balance of the office space on the market is more corporate,” says Transwestern's Matt McDonough.

Potential sellers in the Midwest have taken a step back and hesitated to put their properties on the market.

The DCBID's biennial survey shows that the majority of residents in Downtown Los Angeles are young, educated and have a median annual income of $99,000.

A number of well-built and well-located properties have gotten refreshed, and investors see opportunities.