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Law firms spend between $30,000 and $90,000 per lawyer on base rent, says one source, noting that the wide range is a result of the fact that there is great disparity between rent costs and square footage per lawyer.
LOS ANGELES—Developer Uncommon breaks ground on 24, a live-work-play campus in Chatsworth, and tells GlobeSt.com the campus setting is the future of live-work-play communities in this EXCLUSIVE interview.
NEW YORK CITY—While not seeking to become the city's biggest player in the space, it will strive to be “the best” following two big hires, the firm tells GlobeSt.com EXCLUSIVELY.
NEWPORT BEACH, CA—Buyers continue to face the issue of housing affordability, creating a growing demand for diversity in the product Trumark Homes offers within its communities, Richard Douglass tells GlobeSt.com <b>EXCLUSIVELY</b>.
ORLANDO—With a slow-growth economy and the probability of an interest rate hike, investors are expected to take a cautious approach in coming months, the National Association of Realtors' Lawrence Yun said at a conference Friday.
“Maple Bay Estates is the most luxurious rental property I have ever seen built in Elizabeth,” says Kislak's Jeff Squires. “The record-shattering price of almost $250,000 per unit illustrates the strong investor demand for quality properties in such close proximity to New York City.”
SAN FRANCISCO—Not only is the construction of this project providing job and training opportunities for residents, but also more permanent affordable housing opportunities for Bayview residents as the first 100% affordable housing project for those earning 50% or less of the city median income.
SAN DIEGO—Research shows more and more Millennials are opting for pets versus parenthood, which is playing an important role in apartment renters' decision-making process, Sunrise's Joe Greenblatt tells GlobeSt.com <b>EXCLUSIVELY</b>.