The WWE lease of more than 415,000 square feet was nearly 60% of all Fairfield County's 709,068 square feet of leasing activity in the first quarter. Despite the WWE's deal, the county registered 106,006 square feet in negative office space absorption in the first quarter.
A study of Yardi Matrix's database found that within opportunity zones there are either in place or under construction 1.9 million multifamily units, 960 million square feet of office space and 180 million square feet of self-storage space.
The report based on the State Comptroller's “Fiscal Stress Monitoring System,” found that the City of Yonkers moved into the “moderate fiscal stress” category, up from “susceptible to fiscal stress” designation a year ago.
The report delves into a host of funding options that could be implemented to increase revenues, particularly: raising user fees (fuel taxes, motor vehicle taxes and tolls) and instituting congestion pricing.