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Rob Gilman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates - Vimarsana News

NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates

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

Source: nypost.com
Proptech Firms on WeWork's Collapse: We're Here For This – Commercial Observer - Vimarsana News

Proptech Firms on WeWork's Collapse: We're Here For This – Commercial Observer

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 Holds On Interest Rates; Continues Pause as 2023 Winds Down – Commercial Observer - Vimarsana News

Federal Reserve Holds On Interest Rates; Continues Pause as 2023 Winds Down – Commercial Observer

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

Will the Fed Hit Pause? Multifamily Experts Weigh In On a Potential Rate Hike - Vimarsana News

Will the Fed Hit Pause? Multifamily Experts Weigh In On a Potential Rate Hike

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

Louis Vuitton, luxury brands double down on Manhattan retail - Vimarsana News

Louis Vuitton, luxury brands double down on Manhattan retail

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

Source: nypost.com