Michelle Matteson
New York City Spotlight: I’ll Take Manhattan
(top 10 multi-family sales recorded in April 2015)
Office Markets Deliver
Office completions totaled 52 million square feet for the past year, including 19 million square feet in the fourth quarter of 2014—a 21 percent increase from one year earlier. The level of in-process construction is fairly close to the long-term average. Of the 107 million square feet of in-process construction, Houston’s 18 million square feet stands out as a very active supply pipeline. And there is another 5 million to 7 million square feet under construction in New York, Chicago, Boston, Dallas, San Francisco, San Jose, Seattle and Washington, D.C. In fact, roughly a third of the office markets now…
Gradual Return?
(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)
Generating Growth
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
