Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
“Value-add multifamily is still in high demand,” says Marcus & Millichap's Clarke Talone. “Buyers are willing to accept low current returns for an opportunity to improve a property and generate higher rents.”
Those who are heading to retirement should rethink their timing and make sure you have a game plan to stay healthy and socially stimulated to avoid the golden years turning rusty.
Since 2015, approximately 475,000 square feet has been renovated or added to the hospital. Including the new project, the hospital's capital investment will total approximately $422 million once the new outpatient center is completed in 2021.
Greenland Forest City Partners and the Brodsky Organization start construction of a massive, 859-unit, mixed-income project at 18 Sixth Ave. in downtown Brooklyn.
Leatherbee will join Trammell Crow officially on May 6. He most recently served as executive vice president and regional manager of Skanska USA Commercial Development's Boston office.