Economy

The City's program to protect 300,000 affordable apartments will now include $250 million to protect 15,000 Mitchell-Lama homes.

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

At this point, “the market's malaise can safely be described as a legitimate trend,” says chief economist Peter Muoio of Ten-X.

The Puerto Rico-based investor launches new subsidiary Kingbird Properties to expand its US holdings, it announced at ULI's Fall meeting.

The NYBC five borough report forecasts $45.3 billion will be spent in New York City construction in 2017.

Seattle now tops the list of markets for overall real estate prospects in the latest PwC/ULI Emerging Trends report, while gateway cities are falling in the rankings.

Looking ahead to the holiday season, filled centers have the potential to provide the strongest consumer spending in years, as occupancy remains steadfast at all-time highs, reaching 94.6% in third quarter.

Following strong leasing activity in 2015 and 2016, office leasing in West L.A. has normalized, with dropping long-term absorption numbers and declining sales volume.