Commercial and multifamily starts in the NY-NJ region totaled $30.9 billion in 2019. However, the New York metro region's rate of growth eased in 2019 to 5% from a 13% gain in 2018, according to the report.

Swig and STARS saw the potential to offer flex workspace with classic finishes and natural light to smaller occupiers so the firms upgraded the property accordingly, improved tenant appeal and secured LEED Gold status.

Jeff Lyon announces that Kidder Mathews will complete its three-year succession plan with the promotion of the firm's president and COO, Bill Frame, to CEO on July 1, 2020, and Lyon will remain chairman.