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Industrial strength: Encouraging fundamentals could spark an increase in industrial real estate investment activity in 2024 – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
Whatever misgivings companies had about the future of the office during the pandemic, Forsyth Pointe has proven that businesses will pay lofty rent to get the best amenities available. ....
The sector continues to be viewed favorably in the marketplace. But potential returns are lower, leading to a reassessment by debt and equity investors. ....
Presented by Uber Driver Stories It won’t be doomsday for subway riders quite yet, after the MTA approved a $17 billion budget holding off on the drastic service cuts it has threatened because of its pandemic-induced financial crisis. Instead, the transit agency’s budget assumes fingers crossed that it will get a $4.5 billion cash infusion from the federal government. That’s roughly the amount Sen. Chuck Schumer has been trying to secure for the transit system in recent stimulus bill negotiations. So gone, for now, are the 40 percent reduction in subway service the MTA had proposed. If the money comes through, it would be enough to close the MTA’s deficit for 2021 but still leave an $8 billion deficit in the following years. If it doesn’t come through, the service cuts and large scale layoffs could be resurrected in the new year. ....