by Kipp Gillian | Oct 17, 2024 | Affordable Housing
WinnDevelopment and WNC & Associates launched construction on The Residences on Lincoln Square in downtown Worcester, MA. The senior residential community will preserve and convert the historic three-story Lincoln Square Boys Club building into 16 affordable...
by Kipp Gillian | Oct 17, 2024 | Office
SL Green Realty Corp. has secured a 924,876-square-foot renewal and expansion lease with Bloomberg, L.P. at 919 Third Ave. in Midtown Manhattan. The transaction includes a 749,035-square-foot, 11-year lease extension commencing March 1, 2029 and a new 15-year lease...
by Kipp Gillian | Oct 17, 2024 | Affordable Housing
Here’s a sobering statistic: 24% of respondents participating in JLL’s “Employee Perspective on Healthcare Real Estate” study said they’re considering leaving their current position in the next 12 months. It’s no secret that burnout is a problem among healthcare...
by Kipp Gillian | Oct 17, 2024 | Retail
Retail sales rose by a seasonally adjusted 0.4% in September, following an unrevised 0.1% gain in August, the Commerce Department’s Census Bureau said Thursday. Economists polled by Reuters had projected a 0.3% increase in September. Receipts at food and...
by Kipp Gillian | Oct 17, 2024 | Office
Taylor Tomita Office vacancies in almost every geographic area have existed for several years, further exacerbated by work-from-home and hybrid work trends. But how much do those empty spaces actually cost? To determine actual lost value of vacant buildings, Switch On...