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.
In what the firms describe as a first of its kind service, the goal is to compile actual senior housing rates and leasing activity submitted by senior living operators.
At present, the moratorium does not affect New York City, which is served by Con Edison. However, on its website, Con Edison stated, “We continue to accept new gas customer applications in New York City. We will continue to monitor increases in customer demand and our ability to meet that demand with traditional supplies or clean alternatives in our New York City gas service area.”
Spencer Levy, chairman, America's research at CBRE, predicts 2019 will be similar to 2018, although some news sources have voiced stronger economic concerns.