As the nation struggles with slowing vaccinations, confusing mask guidance, and the long-term economic implications of Covid-19, the future of cities’ central business districts (CBDs) remains unclear.  Will they return to normal, with office workers going back in larger numbers?  Or has there been a permanent change in office work that will require permanent changes in how
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Chairman and Chief Executive Officer of Zoned Properties, Inc., a strategic real estate development firm. Across the United States, hundreds of cities, towns and counties are discussing and deciding the fate of local planning and regulatory code for the emerging cannabis industry. The results of those conversations will have a tremendous effect on billions of dollars in
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Jonathan Keyser is the founder of Keyser, the largest occupier services commercial real estate brokerage firm in Arizona.  A major question facing today’s business leaders is “How should my company operate on the other side of this pandemic?” Over the past year, companies have been working remotely out of necessity. While it may have been uncomfortable
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Founder and CEO of The Raisner Group (formerly Proteus Capital Management), a private real estate investment firm in New York City.  New York City has suffered deeply from Covid-19. Its economy was destroyed, people fled in droves and the population registered over 30,000 deaths. Nevertheless, the Big Apple is beginning to make a strong comeback: A large
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Broker Associate at LIV | Sotheby’s International Realty based in Breckenridge, Colorado. On March 10, 2021, Freddie Mac and Fannie May announced that they will buy fewer second-home and investment mortgages. Although the news did not set the real estate market into a downward spiral, it is now raising concerns for consumers as well as for real estate
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An earlier post made clear this economy’s powerful near-term growth momentum. It also warned about longer-term economic risks, especially given Washington’s efforts to hype the economy. Against this background of conjoined economic optimism and worry (common enough in almost all economic analyses) the expansion in residential real estate seems so far to rest on a remarkably
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People wear protective face masks outside Salesforce Tower in New York City. Noam Galai | Getty Images Cloudera exited its downtown San Francisco office early last year with plans to sublease the space and move its employees south to the software company’s Silicon Valley headquarters. But the pandemic left the company with nobody to take
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Contractors work on single-family homes under construction in the Cadence Park development of The Great Park Neighborhoods in Irvine, California, on Wednesday, April 14, 2021. Bing Guan | Bloomberg | Getty Images Strong buyer demand is keeping homebuilders confident, but the risk of rising construction material costs continues to weigh on housing affordability.  Builder sentiment
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The fracas between governors and legislatures over executive powers during the COVID-19 pandemic is reaching a new level in Pennsylvania — two proposed constitutional amendments. Keystone State voters on Tuesday will decide on two ballot measures that would limit the governor’s emergency disaster declaration powers and enable the state legislature to end a declaration with
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Connecticut will bring three rating upgrades to the table when it comes to market with a $1 billion exempt and taxable general obligation deal set for Wednesday. Fitch Ratings on Friday lifted Connecticut to AA-minus from A-plus. The action “reflects enhancements to the state’s fiscal management practices in recent years that are materially increasing the
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