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ASBURY PARK, NJ-President Barack Obama in a visit to the Jersey Shore on Tuesday confided that it will take years for the area to fully recover from the devastation caused by Hurricane Sandy.
PHILADELPHIA-Bank of America Corp. is reportedly seeking buyers for approximately 40 of its branches in the northeastern part of Pennsylvania, as well as southeastern New York State.
MORRISTOWN, NJ-The overall industrial vacancy rate for North Jersey in the first quarter of 2013 fell one percentage point to 9.3%, as compared to the same period a year ago according to figures released by Cushman & Wakefield of New Jersey, Inc.
NEW YORK CITY-A St. John's University-owned building at 101 Murray St. has been purchased by a partnership of the Fisher family and real estate investors Steven Witkoff and Howard Lorber for approximately $200 million.
NEW YORK CITY-Clarion Partners LLC is reportedly in contract to acquire the 100-104 Fifth Ave. office tower for $225 million, which is more than double the price the property traded for three years ago.
FORT LAUDERDALE, FL-City planners are currently wrestling with the impressive downtown private development underway and in the pipeline with how these projects will impact surrounding neighborhoods.