Rob Gilman News Today

High interest rates, crippling regulations and large vacancies caused by work-from-home and pandemic downsizing are to blame.

Startups say they’re seizing opportunities in the wake of the coworking giant’s bankruptcy — and eager to prove the potential of flex space.

Federal Reserve Chairman Jerome Powell elected to leaving the short-term benchmark Federal Funds Rate at 5.25 percent and 5.5 percent.

Impacts of previous rate hikes are already being felt. Multifamily anticipates the effects of a potential pause by the Federal Reserve.

While the office, hotel and residential real estate markets continue to suffer, retail has undergone a revival in Manhattan and the outer boroughs. 

The companys 3-year growth initiative will broaden its medical device manufacturing, assembling and packaging capabilities in a second location.