Face rent, which does not take concessions into account, hit a median of $4,009 in Manhattan in October
High interest rates and reluctant investors put a damper on build-and-sell development.
A Miami-based property owner seeks $76M as a refund for unwarranted building permit fees allegedly charged over 10 years by the city's building department.
A downgrade would affect the REIT's ability to issue bonds and make it more costly to fund new debt.
Mativ is the latest tenant for 100 Kimball Place, which is expected to be fully leased by year's end.
Bisnow is holding its women leading real estate event next week, honoring females who've advanced the industry through challenges times.
The proposed plan, still in its infancy, would tie rent increases to inflation but wouldn't allow hikes of more than 10%.
If you've been around the block, you've seen plenty of cycles like the one the market's in now, said BRIDGE Housing CEO Ken Lombard.
Forty percent of companies now practice a four-day workweek.
Developers of market-rate and affordable housing are both facing tremendous hurdles to building more housing.
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