New York City plans to spend nearly $52 billion for capital projects from fiscal year 2019 through fiscal year 2022.

That's Woodmont Industrial Partners' view of the market. The firm's most recent acquisition is part of its goal to acquire three million square feet of value-add industrial opportunities.

The JPMorgan Chase headquarters was not one of the buildings designated as a landmark during the East Midtown rezoning.

The commercial real estate market recorded another good year in 2017, and it is not running on fumes yet, according to Dave Schmidt at Colliers' Trends event recently held in San Jose.