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The union and affordable housing initiative that passed in November is keeping developers away from any land sites that could require a general plan exemption.
“Second-quarter leasing velocity in New Jersey outpaced the first quarter, with new deals making up two-thirds of the transactions,” says Matthew Dolly, Transwestern's New Jersey research director.
"Ultimately, we want to provide uses that will better serve the neighborhood and are excited to work towards delivering a quality project that residents of Northeast Philadelphia can be proud of,” says Michael Cooley, vice president of real estate for The Provco Group, which is redeveloping the site.
Moving forward, much of real estate technology will be focused on allowing more control and transparency in transactions for buyers, sellers and brokers, Ten-X's Steve Jacobs tells GlobeSt.com.
There is a focus on conservation, connectivity and an active outdoor lifestyle, and walkability is becoming a driving factor in housing, from single-family master planned communities, to high-density mixed-use urban-infill.
Companies have access to angel investors and VC, and the IPO market is available for companies with good data; however, there has been concern about the proposal to cut $1.2 billion from the medical-research agency, C&W's Ted Jacobs tells GlobeSt.com.
Serendipity Labs, headquartered in Rye, NY and UrWork of Beijing, China announced their newly formed partnership has signed a 34,000-square-foot 16-year lease at 28 Liberty St.