As it turns out, the U.N. isn’t just all work and no play. At least, not since Albany approved their proposed plan to build another office tower on the Robert Moses Playground. I guess world leaders need a break too, and what better way is there to unload stress than climb on the monkey bars..
So far Congress has rejected the pleas for a temporarily increased debt ceiling, intent on forcing congressional leaders to “come up with a broad agreement . . . in order to avoid a government debt default in August.” However, if a decision isn’t reached soon, a default could have a deafening impact of the US..
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..
As of late, the SEC (Securities and Exchange Commission) has begun to crack down on lucrative REITs that aren’t being traded on the stock exchange. It’s been estimated that REITs have made over $73 billion for investors in the past 10 years, despite the recession and since 1990, SEC has approved around 90 nontraded REITs…
Predicting the future of commercial real estate sales transactions is a risky business for anyone, considering the market is only just starting to recover. In this delicate stage, one small factor could send us sliding back into a recession, but for those brave souls who are looking to shed a little light on the forecast..