Globest Sectors

The initiative, announced by Mayor Bill de Blasio, also calls for the funding of 60 skilled nursing beds at the NYC Health + Hospital/Gouverneur facility on Madison Street.

An improving market means more developments will probably trade hands in 2018.

Cushman & Wakefield's economic overview and office leasing year-end data indicate large corporations still believe in New York.

Data is officially more important than ever.

Chris Muoio, senior quantitative strategist at Ten-X, believes this “gap” will begin to close this year.

Housing scarcity remains as there are only 711 unsold new condominiums in the San Francisco market, leaving a 2.2-month supply of remaining inventory, according to Polaris Pacific's latest research report.

“We have had fairly robust job growth but it is not translating into office demand growth.”

Western Realco sells a new free-standing warehouse with two-story office here for $32.5 million after redeveloping the property on spec and razing a vacant 88,000-square-foot office building.