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.
The Board of Standards and Appeals has given the go-ahead for Gamma Real Estate's 800-foot residential tower, so a neighborhood alliance is taking them both to court.