Despite being one unified city for more than a century, Brooklyn and Manhattan can each operate largely as viable, independent ecosystems, writes GFI Realty's Michael Weiser in this <b>EXCLUSIVE</b> commentary.

Many investors have begun to look away from the primary coastal markets for deals in smaller markets such as Boise, ID; Charleston, SC; and Nashville, CCN's Erica Bose and Matthew Wyman tell GlobeSt.com.

The East Midtown zoning changes would allow developers and property owners to build taller new buildings in Midtown East near and around Grand Central Terminal in exchange for public improvements, including funding for infrastructure.

Equity Residential's David J. Neithercut, whose firm kicked off Q2 earnings season for the sector, cited “high occupancy, retention and renewal pricing despite elevated levels of new supply.”