Northeast

Last Year Commercial Real Estate Tech Investment Hit New Records, Setting The Stage For A New Type of Business Model.

Rent control, declining returns and other new onerous regulations are making some markets hostile to commercial real estate.

City officials say the audit will ensure the city is receiving the maximum amount of revenue according to each individual PILOT agreement and any additional revenue found will be transferred to the Board of Education.

There are multiple reasons for the pendulum to have swung so abruptly.

Midtown East is undergoing a resurgence due to new rezoning legislation. Investment activity has increased in the form of redevelopment, according to a recent report by Ariel Property Advisors.

Affordable housing is historically more stable in a downturn, less volatile and often has better credit quality than class-A.

JRT Realty Group, a national commercial real estate provider, has brokered three of the ten largest Queens commercial real estate leasing transactions for 2019, more than any other firm listed in the top ten.

"For Omni's first new development and phase on this site, Morris Avenue Apartments, they wanted a commitment to push the envelope from a sustainability perspective," the Omni New York team tells GlobeSt.com.