Although both the Governor and REBNY's proposal would go a long way in easing the burden faced by vacant commercial properties seeking to convert to residential use, there are a number of additional considerations to keep in mind.

New construction with longer-term leases drove the cap rate decline in the auto sector.

Lipsey's annual survey is based on qualitative data points from its ballot and from subjective phone interviews and focus groups.

Investment volumes fell 58% in January after a record-breaking December with transactions up 8%.