New York
Newmark Lands Saint-Gobain’s Global Corporate Services Contract for its North American Affiliates
Newmark secured a long-term contract with Saint-Gobain, a light and sustainable construction c...Read more
NYC Unemployment Rate Ticks Upward in February as Statewide Rate Declines
New York State’s unemployment rate held steady in February at 4.2% statewide, according to figure...Read more
Prime Group Closes Self-Storage Fund at Record $2.5B
Prime Group Holdings, LLC, a private equity real estate firm based in Saratoga Springs, NY, has clo...Read more
Hochul Calls for 800K New Housing Units Statewide
New York Gov. Kathy Hochul on Tuesday announced a statewide strategy to address the housing crisis,...Read more
NY State Comptroller: Statewide 10-Year Job Growth Trails U.S.
Although New York State’s labor force is one of the nation’s largest, it decreased by 1% betwee...Read more
Micron Commits $100B to Build Upstate NY Semiconductor Plant
Micron Technology will invest up to $100 billion over the next two decades to construct a semicondu...Read more
NY State Comptroller Warns on NYC Budget Revenues
Total revenue for New York City’s budget is expected to drop by 9.4% to $101.1 billion in fiscal ...Read more
JV of Taconic Capital, Friedman Real Estate Acquires Rite Aid Industrial Portfolio
A joint venture of New York-based Taconic Capital Advisors and Farmington Hills, MI-based Friedman ...Read more
Hochul Signs Legislation to Convert Underused Hotels to Housing
New York Gov. Kathy Hochul on Tuesday signed new legislation (S.4937C/A.6262B) to create more flexi...Read more
Comptroller DiNapoli: NYC Lags State, U.S. in Jobs Recovery
New York City lags behind the rest of the state and nation in regaining the jobs lost from the onse...Read more
BOMA NY Claims Half of Regional TOBY Awards
At the Building Owners & Managers Association’s 2022 Middle Atlantic Conference and TOBY (The...Read more
Adams, Hochul Launch Blue-Ribbon Panel to Focus on Regional Economy
Mayor Eric Adams and Gov. Kathy Hochul on Tuesday launched a “New” New York blue-ribbon panel t...Read more
NY State, Developers Launch “The Empire Building Playbook”
Gov. Kathy Hochul, former President Bill Clinton and Mayor Eric Adams on Thursday announced "The Em...Read more
Transmission Lines Will Bring Renewable Energy from Upstate to NYC
New York State’s Public Service Commission has approved contracts with Clean Path New York LLC fo...Read more
Champion Real Estate Makes First Student Housing Deal in NY State
Champion Real Estate Company recently acquired Campus Hill Apartments, a 267-unit, 715-bed student...Read more
Buffalo Bills Set to Build Stadium as Public Funding Falls into Place
New York Gov. Kathy Hochul has reached a deal with the state legislative leadership for a state bud...Read more
NY State Housing Inventory Reaches 15-Year Low
Inventory of homes for sale in New York State dropped to historically low rates in the beginning of...Read moreHochul Proposes $25B Statewide Housing Plan
As part of her Fiscal Year 2023 Executive Budget, New York Gov. Kathy Hochul proposed a&n...Read more
Hochul Targets Affordability, Sustainability Initiatives in State of the State Address
New York Gov. Kathy Hochul’s State of the State address on Wednesday called for a five-...Read more