Globest Sectors

The Dot Com Bubble and the 2008 Financial Crisis could inform the damage to come and the recovery in the current dislocation.

PRC Group is developing two residential buildings, University Place Apartments and the Carbon Place Apartments, along with the connected retail space.

For the most part, landlords had little problem collecting April rents but the situation is changing for renters as the economy staggers under Covid-19.

Frazier and Merck made news yesterday when in announcing its first quarter financial results, the pharmaceutical firm announced its intent to consolidate its New Jersey campuses into a single New Jersey headquarters location in Rahway by the end of 2023.

David Linn with the White Plains-based The Galinn Fund LLC has sold the parcels at 251 Douglass St. to New York City-based Tavros Capital Partners and the Charney Companies of Long Island City.

There are several nearby companies that have won new vaccine contracts as a result of the coronavirus and this should lead to further development and possible expansions of existing facilities, Avison Young's Nick Banks says.

Township Capital, Triangle Equities Development and L&B Realty Advisors LLP are planning to build an enormous warehouse near John F. Kennedy Airport.

BTIG's Michael Gorman dissects the CRE industry and finds reasons to be hopeful.