Part of the delay in recovery is because the Federal Reserve has changed its outlook and appears to be on pause for a longer period.
NAR remains committed to advocating for provisions that expand opportunity, support homeownership, strengthen communities nationwide, and put the American dream within reach for more families.
The office buildings were all built in the 1970s and early 1980s and are currently approximately 50% vacant.
Lowe’s and Sam’s Club are situated within the larger Hudson Valley Plaza, a 673,000-square-foot regional power center, anchored by complementary retailers such as Walmart and PetSmart, among others.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
The Orange County Partnership attends the SEMI Industry Strategy Symposium in Half Moon Bay, CA to promote Orange County as "the bridge" between New York City and Albany, and a shovel-ready market with sites ready for major semiconductor manufacturing investment.
Leasing activity totaling 6.38 million square feet in the fourth quarter was 20% ahead of the five-year quarterly average of 5.34 million square feet.
The projects, when completed, will involve approximately $1 billion in upgrades to Route 17 in Orange and Sullivan counties.
The exclusive listing was offered for $18.5 million and was represented by Houlihan Lawrence Commercial Associate Real Estate Broker John Ravetto.
DEP is a top taxpayer throughout the watershed region, paying taxes on the full-assessed value of land, structures, easements and most water supply infrastructure across 230,000 acres owned or controlled by New York City.
A new historic district in Harlem, an industrial manufacturing complex in Poughkeepsie as well as the largest public housing complex in the Bronx are all candidates for recognition.
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.
Project to start by April 2024 to retrofit facility, build a new warehouse and redevelop an underutilized property.
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