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Commercial real estate, he added, doesn’t represent the same type of systematic risk to the economy as housing did during the 2008 financial crisis but there are “isolated pockets that can ...
Related: Hudson Valley real estate: One number shows how difficult housing market is to crack A home at 126 Autumn Drive in Tappan that was listed for sale for $629,900 as of April 23.
In May 2023, Canadian real estate firm Colliers reported that the vacancy rate for New York City office space was 17.4%, and that some 94 million square feet of office space was listed for lease in the city, a record amount. [18] Office vacancies in the United States reached the highest point in twenty years in October 2023. [19]
The report looks at the market across the entire nine-county Hudson Valley — Westchester, Rockland, Putnam, Orange, Dutchess, Ulster, Columbia, Sullivan and Greene counties — and reaches a ...
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
Brown Harris Stevens is an American real estate service company headquartered in New York City with offices across the East Coast serving Connecticut, New Jersey, the Hudson Valley, the Hamptons, Palm Beach, and Miami. The original firm was founded in 1873.
Meet the asset managers who smell value in the commercial real estate crisis. Dylan Sloan. February 28, 2024 at 1:39 PM ... While office real estate faces a more challenging path to recovery, the ...
On April 12, 2010, a story in The New York Times revealed that Lehman had used a small company, Hudson Castle, to move a number of transactions and assets off Lehman's books as a means of manipulating accounting numbers of Lehman's finances and risks. One Lehman executive described Hudson Castle as an "alter ego" of Lehman.