Northeast

Commercial real estate services firm Avison Young has hired Dennis Sherry as senior portfolio manager of the firm's real estate management group. He joins the company from Newmark Knight Frank and is tasked to oversee operations and bolster client relationships.

New York-based owner and developer The Moinian Group launched its groundbreaking ceremony on Thursday to begin construction on the Hudson Arts Building in the West Chelsea submarket.

Silverstein Properties, a New York-headquartered real estate development, investment and management company, has welcomed Goldman Sachs real estate executive Dino Fusco to the company as chief operating officer to help grow the firm's global footprint.

The median sale price for a single-family home rose 6.9% from $379,900 in January 2019 to $406,000 in January 2020. The median price for a condominium in the Commonwealth spiked 10.4% from $366,250 in January 2019 to $404,500 in January 2020.

A total of more than a dozen tenants will open in the next six months at its Woodland Mall, Willow Grove Park, Plymouth Meeting and Valley Mall properties.

If people are shopping differently today, and they are, it is not to the exclusion of brick-and-mortar venues, but rather to those brands that have not been able to think in an omnichannel strategy of bricks-and-clicks working together.

Even though the U.S. hotel industry registered record-breaking performance levels during 2019, RevPAR growth was the lowest since the current cycle began in 2010.

Alex Rodriquez told MBA CREF conference goers that most athletes make 80% of their money between age 20 and 30, so he started A-rod Corp. to plan for a life after baseball.