The Trepp survey for the week ending August 15, 2014, showed average spreads coming in an average of 2 basis points. The implied rate for ten-year, modestly leveraged commercial real estate mortgages decreased to 373 basis points on the back of a 10-basis-point decrease in ten-year Treasuries.
As New York City’s burgeoning tech economy continues to grow, startups face the same challenges for office space they would anywhere else—but have the added challenge of Manhattan-level price tags, vying for space with law firms, banks, and other well-financed tenants.
After Superstorm Sandy ravaged the New York Metropolitan Area, an innovative federal program challenged design teams to weave resilience into the urban landscape.
Through its innovative spirit, Rebuild by Design has established a new governmental tool for promoting resilience and demonstrates that regional concerns should inform development, design, and public policy.
The Urban Land Institute has endorsed the Urban Street Design Guide, published last year by the National Association of City Transportation Officials. The guide embraces the unique and complex challenge of designing urban streets, aiming to make streets safe for people whether they are walking, biking, using transit, or driving.
This past July, a company called Kisi took the grand prize at a “Hacker Challenge” for real estate–based apps sponsored by RETechNYC, an advisory firm, and ULI New York.
Located in the capital city of Seoul, South Korea, D-Cube City represents a significant new model for urban renewal and smart density, as well as mixed-use, transit-oriented development.
Worthy land development projects can be torpedoed during contentious public hearings. The authors of this book argue that supplementing the standard public hearing process with consensus building can turn opposing stakeholders into problem solvers, generating better projects with wider public support.
The Trepp survey for the week ending August 8, 2014, showed average spreads continuing to widen. The implied rate for ten-year, modestly leveraged commercial real estate mortgages increased to 3.85 percent, down 79 basis points this year.
With pet-grooming stations, rooftop dog walks–and a premium on the rent–developers are catering more to their pet-loving clientele.