Northeast

The deal caps annual rent increases at 5%, plus inflation, with a maximum of 10% per year.

GlobeSt.com diligently reviewed adaptive reuse projects across the country for our 2019 ADAPT awards. This year, 10 Grand Central has won for the most mindful overall transformation.

Cap rates for student housing assets linked to Power 5 universities have had lower cap rates than other Division I schools, but this year pricing has been almost the same.

A proposed change in the law's disparate impact rule is stirring debate on its potential impact on housing discrimination claims.

"Over the last decade, the environmental remediation industry has learned a lot about what SRRA covers and where it fell short," Richardson said. "This update to the legislation dots the i's and crosses the t's, directly pulled from our lived experience with the requirements."

MTB AMG is using the funding to relocate the company's headquarters and 160 jobs from Brooklyn to Newark.