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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 city has the power and capacity.
Macy's will focus on building out its luxury segment among other growth strategies.
The plan would need to pass Congress.
The spread between going-in and exit cap rates showed a slight decrease to 11 basis points during the quarter.
The average household income in the richest suburb is nearly $570,000.
Among the nation's top 25 law firms, 38.1% allocate 750 square feet or less per attorney.
It sounds attractive but has a long way to go before becoming law.
High interest rates, supply chain issues, and slowing consumer spending continue to dog companies.
Limited-time offers seem to have boosted visits, but these types of price-driven strategy can eventually flop.
Warner Bros. will be the main tenant through a sale-leaseback.