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The biggest gainer within the top 10 cities was Midtown Manhattan in New York City, which climbed to the fourth most expensive market this year from the sixth last year.
The developer of the 104-unit luxury development at 600 Autumn Lane in Garfield has hired commercial real estate services firm Cushman & Wakefield to market the property.
In addition to the passage of the Fiscal 2020 Operating and Capital Budgets, the City Council overwhelmingly approved a plan to build a $60-million liquified natural gas facility in Southwest Philadelphia.
Industrious Country Club Plaza will offer co-working and private offices for teams of various sizes. The new location in Kansas City is expected to open for business in the third quarter of this year.
Domenico De Sole, chairman of Sotheby's Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby's to return to private ownership to continue on a path of growth and success," he says.