Tag : Economy

How the Debt Deal Will Affect CRE

With a debt deal finally settled and an economy hanging on by a thread, the first plan of action for anyone who owns, leases or invests in property is to decide what to do next. All trends have been pointing toward a positive growth in the commercial real estate sector, but will this continue now..

Nassau Says “No” to Coliseum Renovation

Around 100,000 Nassau County voters flocked to the polls yesterday to cast their ballot on the proposal for a new Coliseum– and the majority of residents decided they like their Coliseum just the way it is. Sixty percent of voters rejected the plans for renovation, which was going to include a minor league ballpark and..

CRE & Others to Benefit from Gov’t Spending Cuts

Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce..

Experts Weigh in on the Economy

Core consumer inflation rose to its largest increase in three years this May.  A core inflation of 3% has economists and financial experts feeling disturbed.  This is also the strongest monthly rise since July 2008. We are facing core inflation on both the goods and services sides.  There is a split between prices and activity,..

Keep Calm and Rent On, America

In light of the recent turnaround in the commercial real-estate sector, the market has, so far, shown an increase in the amount of occupied office space in the first and second quarters of 2011. The first quarter showed an increase of 5.5 million square feet of inhabited office space, while the second measured a close..