Economy

The NYBC five borough report forecasts $45.3 billion will be spent in New York City construction in 2017.

Seattle now tops the list of markets for overall real estate prospects in the latest PwC/ULI Emerging Trends report, while gateway cities are falling in the rankings.

Looking ahead to the holiday season, filled centers have the potential to provide the strongest consumer spending in years, as occupancy remains steadfast at all-time highs, reaching 94.6% in third quarter.

Following strong leasing activity in 2015 and 2016, office leasing in West L.A. has normalized, with dropping long-term absorption numbers and declining sales volume.

Chronic under-investment in urban infrastructure such as education, transportation and other assets is a mistake because such investment is the only way to sustain growth, says Sam Chandan at the Trigild Lender Conference.

The New York State Association of Realtors reports a 3.1% decline in homes sales in the third quarter compared to last year but overall strength in the market.

Based on a recent survey conducted with industry participants, many do not feel Trump has been helpful to the industry. After reading the sampling…

The capital improvement initiative involves renovation of exteriors, installation of state-of-the-art amenities, and modernization of common areas.