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Boston Real Estate Developers Unveil Diverse Group of Summer Projects
What’s New in Boston: As Boston real estate developers welcome the first rays of sunshine this summer, several firms are unveiling plans for revitalization and new construction projects. Projects span industrial, mixed-use, retail, and office asset classes and are poised to create new jobs, housing, and recreational space in the Greater Boston Area. With many…
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High-Rise Development: UES & Hudson Yards Transform Manhattan
What’s New in New York: Several new projects spanning several asset classes – including a multifamily tower, hotel, and medical office building – are undergoing construction across Manhattan this year. The skyscrapers will bring new residential, retail, and industrial space to the city’s growing skyline. Here’s a look at the exciting projects underway in Manhattan’s…
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Residential Development Remains Strong in Long Island City
What’s New in New York: Long Island City is one of New York’s fastest-growing neighborhoods since rezoning led to an influx of reinvestment and redevelopment in 2001. The neighborhood’s excellent transit access and an ample supply of underdeveloped properties are only a few of the qualities attracting developers to the area today. Today, several mixed-use…
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Boston Real Estate Developers Bring New Mixed-Use Projects to the City
Development Updates in Boston: Steady job growth, rising home equity, and growing demand for homes among an aging millennial population leave real estate developers hopeful that Boston’s market will remain strong this year. Given strong fundamentals, commercial developers have begun working on several mixed-use and office projects in the area. Check out the exciting projects…
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New England Development: Mixed-Use and Residential Projects Underway
What’s New in New England: 2023 is shaping to be a productive and profitable year for New England real estate developers as several new projects spanning various asset classes get underway. Here’s a look at some of the mixed-use and residential projects in the pipeline.
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Boston Real Estate Developers Ring in New Year With Exciting Projects
What’s New in Boston: With the new year upon us, Boston’s commercial real estate market is gearing up for an eventful 2023. Several projects are currently in the works to make the city’s most vibrant areas even more attractive to visitors and residents in the months ahead.
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Pittsburgh Construction Projects Push Ahead Amid Inflationary Pressure
Development Updates in Pittsburgh: Despite the fear of inflation and rising interest rates, Pittsburgh’s real estate market continues to grow steadily. Over eighty large construction projects across several asset classes are on the horizon, including office, mixed-use, retail, hotel, residential, hospital, and multifamily developments. A $5 billion investment will also fund the construction of over…
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Despite Construction Delays, New Haven Real Estate Market Thrives
Development Updates in New Haven: Across the country, the pandemic presented several challenges for construction projects. A shifting workforce, rising construction costs, and supply chain disruptions – among other obstacles – created widespread economic instability. Connecticut real estate developers were not spared from these difficulties. But despite challenges keeping their projects on time and budget,…
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Brooklyn Real Estate Developers: Unhurried
New York developers are capitalizing on record high rent prices in and around the Big Apple. While demand for many commercial real estate assets remain low – residential projects offer developers a near-guarantee of profit. Moreover, with interest rates on construction loans reaching above 10%, many developers are selling off or pausing their larger, more…