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While transaction volume and liquidity have fallen, Real Capital Analytics Senior Vice President Jim Costello wrote, it would be "wishful thinking" to expect that the shift in buyer expectations alone will lead to a decline in price.
Sunset Development Company recently announced its public health safety measures as it prepares to gradually welcome employees and visitors back to Bishop Ranch's office properties and City Center Bishop Ranch.
For new office buildings in Brooklyn and Long Island City, spacious floor plans and lower rents could help capture tenants looking away from Manhattan.