Commercial
Majority of Economists Believe Recession Will End In Second Half of 2020 or by the First Half of 2021
WASHINGTON—A majority of economists surveyed by the National Association for Business Economics believe that the U.S. economy is
Moody’s Predicts NYC Rents will Fall as Much as 21% in 2020
NEW YORK—Moody’s Analytics released its new forecasts for commercial real estate rents and vacancies on Aug. 17 and
New York Taking Early Steps Toward COVID Jobs Recovery
ALBANY—While noting that July labor statistics are expected to be released soon, New York State Comptroller Thomas DiNapoli issued
Rockland County Executive Proposes Sain Building Sale As County is ‘Being Battered from all Sides' by COVID
NEW CITY—Saying the county is “being battered from all sides” from the coronavirus and faces significant revenue shortfalls ahead,
Update: Orange County Extends Bidding Again for Camp LaGuardia; Marketing Property to Firms Looking to ‘Escape’ NYC
GOSHEN—In an attempt to take advantage of real estate and business market trends in response to the coronavirus pandemic,
Onyx Equities Signs E-Commerce Tenant To 200,000 SF Deal in Rockland County
BLAUVELT—Commercial brokerage firm CBRE announced on Aug. 4 that it has secured a 200,775-square-foot lease across two buildings
Facebook Inks Major Lease Deal at Vornado’s Farley Building
NEW YORK—Vornado Realty Trust announced on Aug. 3 that Facebook has leased all of the office space at The
NYC Comptroller Urges City Act Now To Bridge Future Budget Shortfalls
NEW YORK—New York City Comptroller Scott M. Stringer released a report on Aug. 3 on New York City’s
Keller Williams Signs 20,000 SF Sublease Near Grand Central
NEW YORK—Helmsley Spear, LLC, reported recently it had brokered a 20,000-square-foot sublease with Keller Williams for the 10th
Amid Post-COVID and Social Unrest, Are People Still Moving into Manhattan?
Since early spring, when the coronavirus hit the New York metro area hard, headlines have been screeching about the residential
Ramapo-Based Investment Firm Reportedly Acquires NJ Complex for Nearly $34 Million
MORRISTOWN, NJ—An affiliate of Northeast Capital Group, which is based in Rockland County, has acquired the Offices at Bedminster
Yorktown Joins Growing List of Municipalities to Launch Marketing Campaign
YORKTOWN—Joining the City of Yonkers and the Town of Cortland, which recently inaugurated efforts to attract new business, the