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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.
Typical US renters must earn $64,000 per year to afford an apartment.
Companies are seeking prime office amenities to recruit and retain talent.
The move has been triggered by the Steward Health Care bankruptcy.
But there is no guarantee the deal will close.
Rezoning, new 421a deadline spur housing projects in Brooklyn.
'Cracks are forming beneath the surface,' says Cushman & Wakefield.
Homebuilders are 'increasingly pulling back' on building plans.
While lower-income renters struggled to find affordable rentals, more higher-rent units came on the market
Aldi and Grocery Outlet Bargain Market saw growth from both expansion and visits er location.
Three New York markets had standout results in rents and occupancy in May