Notably, big cities New York (71.7%), Boston (72%), and Chicago (72.6%) joined the top 10 metros with the highest out-of-market search rates.
The cost of acquiring the vacant 12.43-acre site is $3.9 million. According to its application with the IDA, building and construction is estimated to cost $17,864,850 and equipment costs have been put at $13,136,536.
Bally’s Bronx, as proposed to the New York State Gaming Commission late last month, was to stand approximately 250 feet tall and include a 500,000-square-foot Gaming Facility structure and span more than 3 million square feet.
The compensation structure plaintiffs’ lawyers would like to dismantle—one in which listing brokers offer compensation to buyer brokers for finding a buyer—promotes consumer choice, encourages market competition and boosts access to homeownership.
Tracy Kasper, president, Kevin Sears, president-elect and 18 other national and regional vice presidents assumed their offices at NAR NXT in Anaheim.
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