Economy

Although the sector is healthy, investor interest also comes from the problems they now see in other sectors like office and retail.

“The American consumer drives the train of the US economy,” the Moody's Analytics chief economist told a ULI New York audience Wednesday.

The rise of quick-service concepts may illuminate an opportunity for delivery-only restaurant concepts that fulfill online orders.

The first phase of the $3.5 billion, multi-year project will create a 1.3-acre community park at the corner of 30th and Market Streets to be known as Drexel Square.

Office sales volume in Los Angeles dropped 60% in the third quarter and 55% year-over-year, according to research from Commercial Café.

Delancey Street Associates closes on its construction loan to build housing at 140 Essex Street.

A Rockland County developer proposes a $175 million transit-oriented development to revitalize Spring Valley.

A roundup of recent deals, leases, executive moves, and other news from the past week.