Economy

The Northern New Jersey office market continued to strengthen during the third quarter, with the availability rate improving to 20.9 percent.

Many investors are uncertain as to the staying power of the expansion, and interest rates are likely to rise further, suggesting that price weakness could persist following the amazing run-up that we have seen, Ten-X's Peter Muoio tells GlobeSt.com.

The cost of repair of New York City's bridges (not state owned) makes up nearly three quarters of the aforementioned repair estimate or $20.4 billion. The New York City region has by far the largest number of functionally obsolete and structurally deficient bridges.

Most of the region's submarkets are well-balanced, and speculative construction remains quite disciplined, according to JLL.

Vantage offers studio, one- and two-bedroom layouts are available in some of the largest apartment homes in Jersey City's new construction marketplace.

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