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AND GROUNDHOG SEZ...

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AND GROUNDHOG SEZ...
Mixed results, depending on where you live. The most famous of the prognosticating rodents, Punxsutawney Phil, says an early spring, while local Staten Island Chuck concurred. But if you live on Long Island, not so much—Suffolk’s Holtsville Hal says a long winter, while Nassau’s Malverne Mel was “grounded” by the storm.
Groundhog
Maybe Phil meant a thaw in the credit markets, not in the weather.Well, at least we can count on some spring returning to the commercial real estate market. We’ve noticed a lot more optimismas people look forward. What’s in your forecast? And how are you dealing with the rest of the unprecedented winter? Send your outlooks and snow stories to amanda@bisnow.com. Read on for some good news from retail, investment, and financing markets.
Related Topics: Punxsutawney Phil