Northeast

“I was not expecting to see such a dramatic increase so quickly,” says the GSE's Laurel Davis.

The 734-bed development will bring a new Jewish community center, European arcade-style retail stores and expanded parking to intersection of Garner Street and Beaver Avenue.

“The properties on Passaic Avenue were vacant eyesores for many years, and Russo has been transforming them into better ratables that will bring residents, shoppers and businesses to Kearny,” says Mayor Alberto Santos.

CBRE VP David Kleinhandler, who has worked in this sector for more than a decade, does not see this trend swinging the other way in the near future.

Among the stores targeted for shut down include two locations in Manhattan at 2008 Broadway on the Upper West Side and 635-641 6th Ave. in Chelsea. According to the two stores' respective website, both locations have already been permanently closed.

The executive director of the Queens Economic Development Corporation in an EXCLUSIVE GlobeSt.com interview previews the RealShare New York session on urban logistics facilities.

The London Centre is a campus for Fordham students and other universities to study abroad and immerse themselves in the culture of the city as well as the continent.

The development will include affordable housing as well as an elementary school in Woodside, Queens.