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NEW YORK CITY—When GlobeSt.com launched 15 years ago, it was widely assumed that Boomers would retire to warmer climes. Now, signs point toward this generation taking up urban living.
NEW YORK CITY—Faith Hope Consolo, chairman of Douglas Elliman Real Estate's retail group, celebrates her nomination for the 2015 Smart CEO Skyline awards with friends and colleagues. The honors celebrate many of New York's top developers, designers, architects, contractors and brokers.…
NEW YORK CITY—The hire is among several moves that alternative asset firms have made in the past few months to bolster their commercial real estate presence.
PHILADELPHIA, PA—Marcus & Millichap sold three retail properties—a restaurant, a day care center, and a pharmacy— in the Philadelphia/South Jersey/Lehigh Valley markets in a single day.
IRVINGTON, MONTCLAIR, AND EAST ORANGE, NJ—The fervor for multifamily property investments near major transportation arteries throughout Essex County is escalating as buyers expect interest rates to rise, say the multifamily experts at Gebroe-Hammer Associates. The firm just wrapped up four multifamily deals in three North Jersey cities.
PARSIPPANY, NJ—Buoyed by a strengthening economy, the Northern and Central New Jersey industrial market fundamentals continue to be strong, says David Simon, executive managing director of Colliers International. Leasing activity continues to be robust, with the 10.9 million square feet leased in the second quarter up 67.5 percent vs. the prior year's quarter.