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.
"We continue to see preservation groups show interest in acquiring and protecting high-quality land like this from development," says NAI Hanson's John J. Schilp.
Fewer than half of new private-sector jobs created in the second quarter were in lower-wage industries, as high-wage industries added 6,000 new jobs—the biggest gain in that sector in the last two years.
The bonds will be used to refinance certain existing debt and to provide reimbursement for certain strategic investments, enabling Montefiore to exit the Federal Housing Administration's mortgage insurance program, according to DASNY.
Andrew Chung, CEO of Innovo Property Group, in a GlobeSt.com interview explains why his company's $75 million, 700,000 square-foot Bronx logistics property is ahead of the curve.