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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.
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The nation's top cities averaged just 4,600 new jobs per market last month
Multifamily gets demoted and office remains in the doghouse, says BGO's chief economist.
When tenants are predictably heading out the door, financing gets even more complicated.
Prices will stay high and could go higher, while inventory remains scarce.
Traffic congestion is climbing in most markets as employers urge workers back to the office.
Despite this increase, the 1.8% annual rate of growth was lower than in previous decades
Clipper Equity secures $95M to build apartments on Bedford Avenue.
31 large institutions withstood a hypothetical 40% drop in valuations.
A soft landing still seems like the most likely outcome, at least for now.