New York

The Metropolitan Transit Authority subsidiary adds an additional 17,756 square feet in a 15-year lease with SL Green.

The package comes after Baltimore County agreed last month to provide $78 million in funding for infrastructure work at the 3,250-acre property.

Higher mortgage rates, uncertainty about the impact of the new federal tax law and challenged affordability continued (and) will likely continue to play a role suppressing sales levels in 2019,” Douglas Elliman states in the report.

Vector Group subsidiary New Valley acquired a 29.41% minority interest in the brokerage increasing its ownership interest in Douglas Elliman to 100%.

The Long Island-based real estate firm acquired the 16,348 square-foot building for $7 million.

A big plus for the New York City economy will be taxable real estate sales, which are predicted to grow 18% in 2018 to approximately $113 billion.

Lee & Associates New York City senior managing director Ben Tapper in an EXCLUSIVE GlobeSt.com article opines that the new state legislators will create challenges for property owners.

Knotel's VP of operations and workshops, David Jones, in an EXCLUSIVE GlobeSt.com article explains one of the company's newest innovative strategies.