With all that was going on, investors buying up properties to rent represented a lifeline to banks, the housing market, and local economies.
Two recent surveys suggest there has been a misguided focus on “the fun” aspect in modern offices.
The building at 611 Fifth Avenue was recently appraised at a value 60 percent below that it was appraised at five years ago.
CBRE provided NREI with an exclusive sneak peek at its 2020 Real Estate Market Outlook report.
Apartment rents are rising, but far below previous years’ levels.