Research

The October employment report represented the 99th consecutive month where monthly private sector job numbers in Connecticut exceeded the numbers in the same month in the previous year.

“Commercial real estate professionals are reporting great growth in the past year, which has convinced more and more members to enter the commercial industry.”

Pending single-family homes sales have been higher for 12 consecutive months, while pending sales in the condominium sector have been down or flat four out of the last 12 months, according to MAR.

"The newly announced Amazon HQ2 markets certainly qualify as being in the path of progress."

In the past 10 years, FIRE's market share of occupancy in Lower Manhattan has fallen from 55% in 2008 to a little over 35% today, according to the third quarter Lower Manhattan Real Estate Report released today by the Alliance for Downtown New York.

Hotel room inventory in Lower Manhattan is expected to increase 27% in the next few years and if all projects in the pipeline move on to development, the hotel inventory in Lower Manhattan will reach 9,019 rooms in 45 hotels by 2020.

One of the largest city expenditures will be $60 million from the School Construction Authority that is earmarked for the construction of a new school in the Court Square area.

While the existence of the Silver Line is shaping leasing fundamentals in Tysons, it hasn't affected ridership, JLL says.