Author name: Bloomberg

The Fed wants to keep long-term rates down because that reduces borrowing costs for individuals and businesses.

Sales of commercial and residential properties were down 49 percent year-to-date through November, according to REBNY.

The borough’s hotel operators don’t expect business volume to exceed an average of 20 percent as shutdown warnings rise.

Canada’s BentallGreenOak plans to invest billions of dollars in Japanese office real estate over the next three years.

The surge in virus cases is once again emptying New York’s big office towers.