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.
The deal in West Hartford comes about two months after it struck a deal in early May to consolidate its New York City offices into approximately 10,300 square feet of leased space on the 19th floor of 55 Broadway in the Financial District of Manhattan.
The overall decline in the broker confidence index was due to brokers' concern for future leasing and financing conditions in both the residential and commercial real estate markets, REBNY states.
The transactions illustrate the rapid strides advanced analytics and reporting and artificial technology are making into the commercial real estate space.