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Retail rent dip is not a sign of weakness
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By John Banks, REBNY President REBNY recently released its Fall 2015 Manhattan Retail Report, which showed a slight softening in the asking rents of the
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Industrial leading way as property returns continue to rise
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Total returns on U.S. commercial property have increased for the second consecutive year, with the industrial sector in particular performing well.
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New York’s tech sector added nearly 15,500 jobs in 2015
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The New York State technology industry added nearly 15,500 jobs in 2015 bringing the total tech employment in the state to nearly than 370,000, ranking
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Middle East global real estate investment reaches all-time high
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During the first half of 2015, $11.5 billion of capital flowed out of the Middle East into direct real estate globally — surpassing the previous half-yearly high of $9.
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Investors Bank churns out over $3B in commercial mortgages
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Investors Bank Commercial Real Estate (CRE) Lending Group originated $3.09 billion in financing transactions in 2015. Photo by GotCredit/ Flickr The financing included $2.
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Have you heard: REBNY open house events in Upper Manhattan, Metro Designer Showhouse
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Brace yourself for a showhouse blitz next month. The Real Estate Board of New York (REBNY) will be merging its two Upper Manhattan Open House Expos into
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Newmark tallies $500M in loans in 2015
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Newmark Holdings announced the total tally of the company’s financing transactions in 2015 was $500 Million. The firm closed a total of 11 loan transactions
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As rents reach new high, tenants strike back
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Citi Habitats released its Manhattan rental market analysis for July 2015 today. The report found that the market was a “mixed bag” during the month, which
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Report: Home prices increased by 6.8 percent in October
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The “healthy trend” of rising home prices is expected to slow next year to meet income trends. Photo by Kristina Hoeppner/ Flickr Property
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Hamptons luxury market strong, despite price drops
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Property prices in the East End cooled off in the first quarter of this year due to frigid weather conditions, in spite of strong numbers from the Hamptons.
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Equity REITs outperform broader market
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U.S. Equity REITs outperformed the broader equity market in September, the third quarter of 2015, and the first nine months of the year, the National Association
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IN PICTURES: Douglas Elliman 2015 Awards at Radio City Music Hall
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Douglas Elliman held its annual awards celebration at Radio Music City Hall last month. The event, which honored the firm’s agents and employess from New