NYBC says city on pace to meet affordable housing goal
New York Building Congress, NYBC, says New York’s affordable housing is keeping pace with city-designated benchmarks, adding almost 35,000 new units since 2014. According to...
Tag : report
More than half US households helmed by 50+
More than half of US households are now headed by someone 50 or over, according to a report by the Harvard Joint Center for Housing...
Rental market percolating according to recent reports
The concessions balancing act being performed by they city’s apartment owners has shrunk New York’s vacancy and pushed median rents up. According to appraiser Jonathan...
Report: Manhattan office market rebounds after 2016 slowdown
CBRE released a Manhattan Market Update for the first half of 2017. The report shows that the 2017 Manhattan office market has rebounded from the...
Report: Aging population, healthcare policies boosting demand for medical offices
The aging U.S. population, pressure for healthcare providers to cut costs, and new technologies have boosted demand for medical office properties in recent years, according...
Report: NYC multifamily market heats up in Q2
New York City multifamily market warmed up during the second quarter, rebounding sharply from a sluggish early start to the year. According to Ariel Property...
Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,” New York City Comptroller Scott Stringer released a stinging report that paints...
Report: Midtown ranked as the sixth-most expensive office market in the world
Midtown Manhattan is inching its way up the global rankings, placing as the sixth most expensive office market in the world. According to CBRE’s latest...
Report: Job growth, office space expansion hit record highs in NYC
Office workers and the space they occupy grew to reach record highs in New York City in 2016, according to a report from State Comptroller...
Experts forecasting chill in NYC hospitality market
Despite a record-breaking year of tourism in New York City, with 60 million people visiting the Big Apple, the hotel market is in a slump....